I wanted to ask a simple yet complicated question about leverage on your properties. As a CPA, I’m aware of the implications of establishing your business incorrectly or the possibility of losing tax attributes due t...
On a buy and hold rental property the purchase price was less than the value of the land itself. How is this accounted for taxes purposes (i.e. Depreciation) j
I'm selling a home with no liens. Yet the title company insists on charging me a Lien Procurement Fee as a title services charge. They say they charge this to cover the work they have to do to clear title so the prope...
Im looking to analyze a large number of marketplaces to identify which one I would like to invest in. I love combing through data and I have defined the different attributes I want to see for cities. I dont know and h...
As a rental property owner I found there is something new to deduct which is not available from a owner occupied property.. which is depreciation of the rental property.My understanding is that you get that years ove...
Hi All,So we got hit pretty hard from Hurricane Ida and need to replace two full HVAC systems in our Triplex. I understand that this doesn't qualify under the de minimus safe harbor exclusion.
Is there any way to wr...
Hello everyone! I’m working on a new business startup. It’s an online investment property auctioneering site. Agents will be able to input their property as a rental/fix and flip, and it will be posted onto a page whe...
Your Word Should Be Your Promise
I firmly believe in and live by the statement; A Man Is Only As Good As His Word.
I am old fashion - attribute this to my age and those with whom I associated and were my mentors. Pe...
Hi, I'm new here and have a question.I have 8 rental units and have been using YNAB for accounting because I LOVE it for my personal finances, but its super limited on reporting so I have decided to try Quicken. I ju...
Let's say I was doing a search for a topic like "lease option" and I wanted to find the posts and/or threads with the highest number of votes, replies or some other measure of "popularity".Is there a way to do this?