Mike Greenberg
Cash out refi or HELOC for new acquisitions: tax or other issues?
I know that leveraging one property to buy another is a common discussion but I had a very specific question that I can't seem to find a clear answer to searching here and the web which is if you leverage one property...
Lyn Green
Deductions for an investment with and without LLC?
I am converting my primary residence to an investment property and understand the benefits of putting it in an LLC from an asset protection standpoint. I do already have a large umbrella policy. I'm interested in unde...
Kurt Pourbaix
Do you issue 1099-MISC's?
Apparently since 2012 it has not been necessary to prepare 1099-MISC's related to rental activity unless the activity is a trade or business. See this article:
www.taxcpe.com/blogs/news/1099...
What do you think - ...
Kerns Churchill
Travel Expenses and Tax Deductions
Hi Everyone,New investor here. Just bought a SFR rental in Mesa, AZ and I am already doing some tax planning. I live in California, so I plan to drive to my rental property and I had a question regarding travel expens...
David Osborn
Accelerated depreciation question
I bought and furnished a new rental property in 2019. I did use bonus depreciation for the cost of furniture, but I lumped the property improvements (mainly new hvac, water heater, windows) in with the building and ...
Rosie Vidales
Tax breaks on a gutted property
Hello Everyone!! Hey I need some tips on what to do or where to find info. IRS.gov wasn't that helpful. I purchased a gutted SFR in 2013. Didn't start rehab til 2014. Just now gonna file taxes for both years. Can anyo...
Susan Owen
CA native concerns about investing in FL
If I were to invest in property in FL, does the insurance I would purchase for a property cover lost rent in addition to repairs due to a hurricane?
Nathan Stanley
Homeowners insurance won't cover our issue! PAIN!
What have been your experience with your Homeowner Insurance? We have had issues with Farmers insurance covering 'wind driven rain' flooding our home. What do you look for in a policy and what (if anything) should we ...
Michael Sweet
STR in Maui or Hawaii - anyone cash flow positive
Anyone making money on vacation rentals in Kihei or Hawaii?
any tips? location? condo complex? is it possible to run 4 or 5 as a job?tI would like to buy, rehab, furnish, and run enough to make a living?so far I only...
Account Closed
Direct Mail and Cold Texting KPI Questions
BiggerPockets World.Really taking the time to deep dive our KPI's and had a few questions to clarify on what industry standards consider and define a response for direct mail and cold textingDirect MailIndustry standa...