If I live in my second home for more than 14 days out of the year (second home), what does this mean for all other income I received for STR for the year? How is this income taxed? Thank you

Hello everyone. I would like to seek your opinion on my recent development with one of my tenants. They signed a lease in November for 12 months. In early January they advised that they have bed bugs which supposedly ...

Anecdotely speaking, it appears the turnkey operators are taking advantage of the uneducated investor. I have no stats just my impression.

Do you think a turnkey company that could JV in the deal would be...

Hi,I just create a one member LLC and trying to add my properties to this new LLC. Since it's a single member LLC it's default to tax as "Disregarded Entity" like a Sole Proprietorship entity(pass-throught income?).  ...

I am in the process of fixing up a guest house in my back yard.  There is a good chance I won't be able to rent it until early next year.  Will I be able to write off the materials I used to fix it up this year on my ...

Hello! I recently gutted a 3000 sq ft basement under 8800 sq ft, 7 unit older/ smaller retail shopping. Tenants include dog groomer, record shop,  women's consignment,  hair salon, and daycare. I'm trying to come up w...

Finishing up the complete reno on our first investment in the next month and gearing up to finalize details and the lease stuff.  A few questions for you experts!  I've been reading everything I can, but still have a ...

I live in Ga and I recently decided to rent my home. I created an LLC and I will open a business account for the LLC. I am new to this and I have a few questions:

1. Should the tenant make payments to the LLC

2. S...

Re: the travel mileage deductible expense, does the entity reimburse the owner?i.e. I have a multimember LLC taxed as a partnership.For one trip using my personal vehicle for the purpose of renovating one unit at an a...

Hey guys just a quick question, my name is Sam , 23 years old and licensed real estate agent, I started reading this wholesale book, and it suggested for me to set up a LLC or S-Corp , I’m already licensed as a real e...