Kevin Maurer
CPA Seeks Cash-Flow/Draw Schedule/Builder Trend Assistance
Hello, I am new to Bigger Pockets and new to the real estate industry. I have a client who does multi-family rentals and multiple residential flips at a time, often knocking down buildings and developing from ground u...
Nadiyah M.
Acquiring a property that is scheduled for tax sale
I recently discovered a single family property near my home that is technically still owned by an estate and will be going into foreclosure as of 9/19/23. The owner is deceased and It is scheduled for tax deed sale. ...
Tommy Cheng
Schedule C or E for Short Term Rental Taxes?
Hello BP Family,I've read so much on whether to file our STR as Schedule C or Schedule E when filing for 2022. This is what I gather:Schedule E = Passive, No 15% self employment tax, No passive loss tax benefitsSchedu...
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...
Sandy Blanton
Depreciation Schedule for Capital Improvements to Old Mobile Homes
We did a lot of rehab work this past year. How many years must we spread the depreciation? Thanks.
Chris McHaney
IRS Taxes - Transitioning from Schedule E to an LLC
I've tried to search and haven't seen exactly what I am after, so I thought I would bring this to the group. After many, many years of owning our own rental properties and filing our federal returns, utilizing Schedul...
Joshua Dorkin
The BiggerPockets Real Estate Investing Summit Schedule is Out!
We've just completed the schedule for the BiggerPockets REI Summit, but do keep in mind that the session times are subject to change. We will soon also be posting floorplans for the event as well as other "activities...
Olivia Piper
Report owner distribution for passive rentals on Schedule E?
I own a couple rental properties in a single member LLC. If I need to withdraw some owner's capital, which as far as I understand is not a taxable event, should I report it in Schedule E on tax return? If yes, how do ...
Zach Schwarzmiller
Commercial Timber - How To Determine Value & Harvest Schedule
I am considering purchasing a property which is split zoned Rural Forestry (RF) and Commercial Forestry (CF). These are both resource designations with mostly resource uses allowed. I'd like the own the land for a ...