Rebecca Cramer
Room Tax and Tax refund...want to do vacation home # 2!
Hi everyone! So we just bought our first vacation rental in January and went live on airbnb in March and we are doing so well we think we can use the money we made over the spring and high season this summer for a dow...
John Bernardo
Pass through LLC depreciation
I've spun up an LLC for my RE investing and rental management business. This is on the side, while I make $ as a salaried employee. The plan is to eventually leave the W2 job once the business grows to enough profitab...
Eddie Werner
BEST time of year to invest?????
Does anyone strongly oppose purchasing a rental property during the winter months? I have heard it can be much harder to get a tenant once the holiday season starts and when the weather turns cold. I want to move fo...
Dee Kay
mello - roos , california
i purchased a new build... just wondering if anybody here has any creative ideas on how to document this on my tax refund/return, write it off, deduct it, etc... thanks in advance.
Peter Lohmann
April Rent - Data & Projections for Columbus Ohio
I'm very curious what the delinquency rate will be for April rent. What percentage of tenants won't pay? 15%, 25%, 40% or what?To get a handle on this I'm sharing some data we normally wouldn't, in the interest of tra...
Nathan Gesner
Landlord, Tenants conspire to steal millions in rental assistance
Is anyone surprised? I'm surprised that they've only found 1% are fraudulent so far. I suspect over 50% of all assistance applications are unnecessary and/or fraudulent. Such a waste of tax-payer money.https://wgme.co...
Eamonn McElroy
SALT Limitation - Taxable Refunds
Hello BP Nation,Today the Treasury issued authoritative guidance via Revenue Ruling 2019-11 on the taxability of state and local tax refunds from which a deduction may have been limited due to the $10,000 state and lo...
Julie George
Chicagoland - Is MyHomeRefund a Scam ?
Hi allI own a property in Chicago w/ tenants currently living there. There was a piece of mail that was delivered to the unit addressed to me from MyHomeRefund . See attached picture that my tenant sent me. The cover...
Hellen Sut
Collecting unpaid rents after eviction
Hi landlord gurus, I appreciate the advice you may have. We evicted a tenant since they didn't pay rent for 2.5 months. We are now suing them in TX small claims court as the security deposit was not enough to cover ...
Amby Bhagtani
Offset W2 with depreciation
For people who are on a W2 what would be the best way to negate W2 income (including stocks?)? Is this possible with long term multi family real estate?