Culin Tate
Depreciation for Part-Timers
Hi Gang:So I was just listening to Episode 290: 7 paths to Financial Freedom and around strategy 5 or 6 the host(s) mentioned buying 1 house per year for 15 years. One of the stated benefits was taking the depreciatio...
Sarah Parker
Looking for a good CPA who specializes in owner occupied.
Hi everyone,
My husband and I just bought a house. We are living in it now as we remodel it and get it in good shape to use as a short term rental. We are doing most of the labor ourselves in the evenings after our W...
Mayank Jain
House Hacking with STR tax loophole
Hey everyone,
If I live in a Single Family Residence and put it up for STR for a few weeks in the year to qualify for STR tax loophole (Avg 7 days rental + show 100 hours of my participation + showcase my material pa...
Kyle D.
Security deposit refund letter
Im in the process of deducting security deposit from my tenant that just moved out. I usually hand write the letter but i want to start using a template that looks more profesinal than a handwritten letter. I live in ...
Cecilia Arnulphi
Taxes - Investment Property in MO
Hello! I'm looking to hire a CPA that is also a real estate investor in MO. Any referral would be appreciated. I am not sure if I can take advantage of any deductions for my 2018 taxes. I purchased my first RE inve...
Gerald Turner
Best insurance practices
Hi BP My name is Gerald I’m a new investor can anyone tell me what are some good “standards” for insurance coverage for a small Multifamily fourplex. I was just trying to get a quote and was not sure what coverages we...
Johnathon Griggs
Rental Repair Question
I have a SFR that I try to have inspected annually. During the last inspection, it was noted that one of the interior doors has been forced in and both the door and jam are beyond repair. I am intending to have the do...
Nicholas Natale
Returning Tenant Deposit
Hi friends, I bought my first duplex a little over two years ago and now I have my first tenant ever moving out. The issue here is that they painted parts of my kitchen cabinets. The cabinets are factory white, but no...
TJ Moreno
Passive Income count as Income for my wife to qualify to refi
I am maxed out on my loans. My wife has her property she bought prior to our marriage and is her sole and separate property and only on her credit report. In terms of working, she manages our portfolio of properties a...
Nicholas A.
Deducting Travel While Searching for Properties
Hello,
I recently listed my first Airbnb through a house-hack. As of today, we have 0 reviews, 9 days on the platform, have not received our first guests, and have $2,500 in bookings! That is a great feeling. Three s...