Has anyone found a good 1031 Exchange company that they can recommend? Solid track record, dependability, trustworthiness, reasonable fees, etc. thank you!
I had some friends help demo a property and I paid them cash (around $1,000 total). Is this something I am able to write off? Would I need to issue a 1099 for this? Not sure how this works and would appreciate the adv...
Hi Everyone,My GC want to be paid in cash. Its a gut rehab which will be over $100k. I will not be paying it all upfront. I am not concerned about him disappearing or doing a poor job as I have known him many year...
Hey guys, thinking about purchasing a car this year and wondering if it is possible to write off a luxury car for their STR expenses.My tax advisor said that I will need to prove this car was used for the business.I k...
I had MassSave do an audit and they said half of the house has minimal insulation. They'll do blow-in insulation in the attic on top of what is already in there as well as in the walls that need it for $800. Is it wor...
Hi folks,If I am looking to sell a property in my state and purchase a property in another state via 1031, would I seek out a QI in my state, the acquiring state, or does it not matter?Also, any tips/advice on this pa...
HOLY SMOKES! Anyone else get their April Xcel bill and about fall off your chair? Its more than one of my units rent for! Any commiseration or ideas would be goodness about now!
Now that the interest on a HELOC isn't deductible on a primary anymore, I was wondering if it could be deducted as a rental expense if used as a down payment? I'm about to make an offer on a single family home using f...
Hey everyone! I was super excited to see that tenantcloud allowed a nice and easy spot to collect rent and provide other services. Imagine my face when I saw that the "upgrade" you needed in order to use your own doma...
Wondering if anyone had a 1031 exchange challenged by the IRs and the issue and result??