Are you limited to $5,000 in expenses in your first year as a business?

Hello, I have three questions related to one topic. In our short-term rental business, we have two properties under rental arbitrage and one property we own and reside in - also doing short-term rental (house hack). T...

My name is Diana Adams and I’ve lived in Tampa, FL since 2010. I owned three properties in Michigan, Georgia and Florida most recently selling the 10 year rental property in Atlanta, for a nice profit, to fund a rece...

I have a quick question, I am very curious about something.

if a loan falls through at the last minute does the loan broker normally have actual cash out of pocket. I am curious what their actual cash out would be o...

I've read a lot of the discussions about this topic, and still feel the need to know the following. Cut and Dry.Do I need ACV or RCV?Do I have coverage up to my loan amount or up to my ARV?Do I need builders risk AND ...

G’Day BP folks,
A fellow Toledo investor started a Facebook group revealing all local scammers.
Mostly contractors.
10+ years of investing in Toledo and stopped counting at $1m in losses.
It’s just the nature of t...

Besides the obvious write offs: gas, home office, etc. What are some of the worthwhile things you have bought that have a huge write off? At over 200k/year, with the progressive system your top end income is nearing 5...

Hi,New guy here hope I'm posting in the right forum.

My question is for my Mothers rental business.She owns 12 houses free and clear.And has a large mortgage against her home.

I have been telling her she needs to sp...

Survey I guess.  When you calculate your cap rate (NOI - net operating income / Purchase Price) do you include your closing costs and initial repairs in your calculation or do you just go with the actual purchase pric...

Has anyone used a Registered Agent when forming their LLC? If so what company did you use? For privacy I do not want our names used.