Mikey Liu
Cost segregation and how to keep rental losses in future years
Hi all - I understand the benefits of cost segregation in year 1 and how you can front load the depreciation of the unit. However, in future years, isn't the depreciation much less? If so, then how can one still maint...
Tyler McDonald
Taking second position when lending out private money
Hey all! I've got a chance to lend to someone for a rehab project. They would like to use a different property (a well performing STR) as the collateral due to the renovation project being a rental property that is o...
Arthur D.
W-2 and Depreciation
Hi there friends.
I've purchased my first property late last year.
My only income was months rent Dec.
So. My question is. Can I deduct my loses from my W-2. My loses would be rehabbing, utilities , etc.
About $...
Account Closed
Broker Commisions - Investment Purchase
Can anyone testify to using a broker for investment property purchase vs not using a broker? Has anyone gone down the not using a broker path? What issues did you run in to? Was it worth the savings?Any input apprecia...
Soh Tanaka
Furnace & AC check up worth it?
Do you hire a professional service man clean your rental property's furnace and AC? Is it worth it? How often you do it? I feel like it's not really doing anything, but I could be wrong. Thanks!
Flor Sulpacio
Military tenant wants to break one year lease
We have a rental with military tenants, 4 months into a one year lease they want to know if they can break the lease so the 14 month old child can have a yard. I only charged 1/2 of the rent for a security deposit an...
Priceton Braswell
I have $30,000 cash. Ive never bought a house. Please help me.
Im 23 and I just got a settlement from an auto accident. The insurance company wouldnt cover the medical bills so my credit is 316 but I have 30k cash. My rent is 550 a month. Id like to invest in a property and rent ...
David C.
Is a Property Manager an employee or an expense for an LLC ?
For those who use a property manager (particularly for out of state rentals), do you have to have them listed as an employee of your Single member LLC, or can you consider this as an expense(not an employee) to the LLC ?
Garrett Wilson
Anyone use Keystone CPA?
Does anyone use Keystone CPA for their financial advising and Tax preparation? I am looking to get a real estate tax advisor to ensure I get the best deductions and wanted to see if anyone had any experience working w...
Vicente Hernandez
Signs I should look for when interviewing for a new property manager?
What are some good and bad signs to look out for when searching for a new property manager? I what type of characteristics should I look out for when interviewing or what are some questions I should ask?