Hi All, I currently own and manage 10 units with my parents. I have been the property manager for all units and recently invested in a property management software called Buildium that seems to be super helpful so far...
I want to run this person's advertisement on a local facebook page by some experienced tax professionals:"If you know any home owners who had hurricane and flood damage, let them know there is a special tax deduction ...
Well, I guess I'm not surprised since this is my first one and the market is HOT.
My 45 day period expires tomorrow and I doubt I'll ID a suitable replacement on the open market. Options anybody?
@Dave Foster - oth...
Hey guys, thinking about purchasing a car this year and wondering if it is possible to write off a luxury car for their STR expenses.My tax advisor said that I will need to prove this car was used for the business.I k...
I want to buy my first rental property. I decided to call a CPA in the Washington DC area and he informed me that cannot claim the deductions on mortgage interest when you do a cash out refi. He also said that the m...
I know that I want to move forward and become a real estate investor. I am buying some books, accounting software and incurring some legitimate business expenses like mileage as I look at potential properties.What is...
Ok so a quick back story. The property Im interested in is actually the house I grew up in. Before talking about emotions hear me out. My mother had a thirty year $30000 mortgage on the house with the mortgage comp...
I'm considering investing with a commercial real estate syndicate. The syndicate is an LLC itself. Would it make sense for me to invest through a personal LLC? I don't believe it would provide any more liability prote...
Does anyone know if properties purchased from either Montgomery or Bucks County Sheriff's Sales are able to have title insurance issued on those properties? I recently purchased a property at MontCo tax sale and have...
I was doing some online surfing looking for a legit website offering online auctions on foreclosed and tax lien properties and it got me thinking; what websites are some of you using to locate worthwhile properties in...