John Bergstrom
Shift Deductions to Schedule E due to the TCJA?
As a small time RE investor (two properties), I'm thinking it just makes the most sense to 'shift' some of the deductions I used to enter on a Sched A over to the Sched E because of the new rules/deductions with the T...
Bill Goodland
Contractor Running Very Behind Schedule. What would you do?
So I purchased a new primary residence that will be either a future flip or rental. As my business grows, I am trying to hire out more work so I have a contractor that a lot of the local flippers I know use. I've seen...
Mark J.
Possible to Buy a Scheduled Foreclosure Before the Auction?
#1 If a property is scheduled for auction on the Hillsborough county, FL foreclosure site, is it possible to approach the bank directly and make an offer on the property before the auction date? Can you do a deal wit...
Scott Jensen
Scheduling Rental Property Showings for SFH - How much time?
Hello BP!I just listed my first rental property. So far so good. 8 Inquiries so far and I want to do showings tomorrow... How long do I schedule these showings for? At 30 minutes each I am already spending a half day...
Jeremy Zindel
Deduct charitable contributions on a Schedule E (or C)?
First off, I know this is a very specific question to my circumstances and I already have an appointment with a CPA to ask this and many other questions but I wanted to get a feel from anyone in the BP community who m...
Jarred Sleeth
Baltimore Tenant moved out 1 week before scheduled eviction.
Hey BP.I have an eviction scheduled for next week, and I've discovered my property vacant. Neighbors said they moved out. There are a few items left behind, and a lot of trash. They are clearly not living there, but I...
David de Luna
List purchased properties on Schedule C not yet sold?
I have been told by a number of CPAs that it's fine to go either way whether to list properties I purchased and have invested/rehabbing them, but have not yet sold in 2019 tax year. Either list them under inventory on...
Dianne Figueroa
Schedule E - Fair rental days and Personal use days
Need help determining the fair rental days.
Purchased a rental property on July 15, 2019 and it took 3 weeks (repairing and making improvements) to get it ready to list on the MLS for rent. The property was listed ...
Alex Griffith
Turnkey vs Distressed Properties with a time-intensive schedule?
So when you buy a property, the longer it is vacant for rehabs, the more money that comes out of your pocket to pay for the mortgage. So if I were in the military, (not yet, but planning for when I graduate college) w...
Yuriy Grytsulyak
Buying a property that is schedule for an auction
Good morning,I am new to the REI and trying to educate myself on the subject. Is it even possible to buy properties that are scheduled for a sheriffs auction before the auction in Pennsylvania? On my local sheriff auc...