Account Closed
If the tax bill passes what needs to be done before 1/1/2018?
Do any CPAs or tax lawyers have any recommendations on thing to change by the end of the year?
Alyssa Magyar
is the income from my "house hack" not for profit income?
Looking for guidance for how to handle rental income on my tax return this year:
1. Rented a room in my town home to a friend from May 2021 to December 2021. I live there as well.2. Made around $3k in rental income (...
Cody Skidmore
A few questions for starting up
Hello everyone! I had a quick question regarding tax deductions that I wanted to try to get an answer to. I plan on putting a home office in my house and had read in BP's "tax strategies for the savvy real estate inve...
Daniel Pitner
Airbnb Financing with Vacation Home Loan
I recently heard a podcast on Biggerpockets where somebody was using Vacation Home financing at 10% down to purchase an Airbnb property. I've looked for quite some time to see if this is a feasible option, however I ...
David Bennett
Cash out refi tax question
Hi All -
Apologies if this has been discussed 10,000 times before, I searched the forums and struggled to find an answer to my exact questions. I plan on speaking to an accountant closer to tax time, but figured I’d ...
Margaret Jay
Homeowner insurance in Florida
Hello- looking to estimate what a typical homeowner insurance policy in Florida comes out to, and whether it covers hurricane damage? Would it depend on WPB, Tampa, Miami? I know the cost depends on many factors, but ...
Dave S.
1st time filing taxes with real estate...What should I know?
Hi, I want to thank you for taking the time to read this. Call me insane but I wanted to take a stab at doing my own taxes and see if I can make my way through. However my biggest fear is that I leave a significant ch...
Sean Dezoysa
Help understanding Section 8 "payment standards"
Hi, I did a quick rent estimate of a 3bd property in zip code 44142 and found it rents for about $800/month: https://www.rentometer.com/ana...But it seems every zip code in Cleveland, including this lower priced one, ...
William Huston
Tax Deductions on a new vehicle: Is this really legal?
I am curious if this is truly legal. I went to a local REIA meeting last night. When i arrived this newer looking Chevy Colorado Zr2 diesel pickup pulled up next to me in the parking lot at the same time as i was park...
Jason Bott
If you have or need Flood Insurance - FEMA Raising Fees and Rates April 1 2015
For investors who own or looking to purchase properties in a Flood plane, make sure to factor in these future premium increases FEMA will implement April 2015. These costs are in addition to the rates currently being...