Rocco Swinney
Married and cant writeoff rentals anymore?
Hi All!
I am getting married next year and I am trying to ensure all is in order. I always writeoff my rental losses each year
Ex. I make 80k and she makes 80k
My understanding is if your agi is under 100k you can ...
Malgorzata Plummer
Tenant screening companies and services
Hello,
I am brand new landlord and getting ready to find my first tenants. my realtor company is providing “ tenant search and screening” and charge one month rent for this service. I really can not see any differen...
A G.
LLC & Reseller permit
I am just completing a short plat subdivision on a rental that I owned. The land had existing home that has been rented. My plan is to build new homes on the new lots possibly for rental but in future sale as well.i a...
Mark Hughes
Create own 401k/health insurance plan via flipping business??
Still have a W2 job but getting closer to FI in the next year or two. Big thing holding me back is getting over hurdle of health insurance for my family as well as 401k. If I make an S Corp and start hiring a couple e...
Amanda G.
Quarterly Taxes- when did you start?
I'm cheap (ahem, frugal) and I've been doing my own annual taxes. At what point do you need to start paying quarterly? I have a W-2 job, and happily the rental portfolio is growing.
Dave Bopp
Thoughts on Perspective Tenant?
Hey All! Was hoping to get some feedback on a perspective tenant. I am in the process of screening someone who is relocating to the area from out of state for a management position with a local company. His income (wh...
Linda S.
Screening-- include overtime hours?
Hi BP Community,I just wanted to check in, and see what other landlords do with screening. Our property is a duplex, and one side requires $675/month or 3x income is $2,025 minimum income. A potential tenant recen...
Tyler Eastman
Credit and Background checking prospective tenants
What is the best way to run a credit and background check on a prospective tenant? I have heard of a few different sites that do this but I am curious as to which is the best and most economically friendly..
Derek Holt
Resident Manager as a Independent Contractor in ND?
I am taking part in the ownership and remote management of a 38 unit complex in North Dakota. The current partners have a W-2 employee managing the complex. This individual is going to retire at the end of the summer....
Kyle Meyers
LLC Taxes
How would my taxes differ if I start an LLC and transfer ownership of my properties to the LLC. Would I have to pay self employment tax on rental income that I get through an LLC? Will I be required to send 1099s to c...