Ken Latchers
Its that Taxing time of year.
As its that time of year (in the USA at least), i found this (among many) good summary about when you have to pay self employment tax or not. Generally if you average 7 or fewer nights or 8-30 nights and provide "subs...
Bianca G.
Realtor.com V/S Trulia.com
Hello BP family!Recently while researching on property addresses I am coming across slightly different info as in:If I google the address on Realtor.com the crime statistics shows very dark red and the same address on...
Seidy Lasker
Taxes for the Deceased
Can you file 2 years of 1040's for a person that passed away in 2022 but has income for both 2022 and 2023? Or would you have to create an EIN and file 1041 for 2023?
Robert Smith
Best place to get a credit Check for a tenant
Hi I am a new renter. I am renting my house and have an application for a tenant. Any recommendation which online engine is the best for getting the credit check on my tenants. Any help will be great. Thanks. Also sho...
Jasmine Slivka
Real Estate Partnerships & Portfolios
Hey everyone! I'm curious to hear from those who have a small real estate portfolio with someone you're not related to? (i.e not a husband/wife team). Wondering how you structured it, and if you have any advice for my...
Kyle D.
Question on digging into the details
I am looking at an apartment and I noticed on the P&L the owner is including the mortgage interest as an expense reducing his NOI. I thought that should come after NOI. Is this a win for me?
Jarred Black
Is rental income taxed?
I know some landlords that manage their own properties and collect their rents personally. I know some that record this income on their taxes and some that don't. Should landlords file rental income on their taxes or ...
Tracy Tang
Battle with property management on Tenant applications
After going through lots of time of miscalculation of owner statement and other issues with the property management, I gave 30 days notice to the property management.I requested the entire files of the tenants ( the f...
Parker Reid
Tenant Screening Process
Good Morning BP members. I am just starting out, I recently purchased a duplex. I plan on doing owner occupied for the first year but I wanted to hear for everyone out there. What are you using to screen your tenants ...
Gail Aiken
Sale of Inherited Parents House
My brother and I inherited my mothers home in December of 2014 and sold one year later in December 2015. We did not live in the house but it took us a year to clean out the house and basement. We had an appraisal do...