Clinton Ransom
Insurance for Owner-Occupied Duplex
Hey everyone, I recently acquired a duplex that I'm house hacking (renting out top unit, living in bottom). Does anyone have any tips or pointers for things that I should want in my homeowner's coverage?I'm mainly tal...
Walker Seid
Taxes
Lets say I rent a house out for $1200/month. My mortgage is $560. Expenses are (taxes $150, HOA $30, Ins $25) $205/month. Do I pay taxes on $1200 or just $435?
Allen Collins
Lender that will use only my W2 income and not my business
Hey everyone! I’m trying to get a loan from that won’t they won’t have to consider my business. My W2 income alone would qualify me for a $600,000 loan but when they apply the losses some of my businesses took I can’...
Benjamin Forest
What the final answer on 20% pass through income tax deduction?
I've been trying to find a definitive answer on whether a landlord (in my case, owner of 4 separate rental units) can take the 20% pass through income tax deduction for tax year 2018 and beyond. I've been reading conf...
Joshua Davies
International Tax Attorney/CPA
Are there any tax attorneys/CPA’s on BP with international experience?
I am setting up an LLC for rental property investing with 2 partners from the UK. I am under the impression that the LLC must withhold 35% as it...
Mario Morales
Not sure how to interpret this-Schedule E - Is this good or ok ?
I am working on my schedule E and this is what the year looks like for 2023. I see the numbers and I don't know how to interpret them. I don't have deprectiation in here and the monthly mortgage going towards principa...
Daniel Engstrom
Duplex insurance coverage
We are purchasing a duplex and are looking for general coverage advice on:
liability
deductible
replacment cost?
right now for a $60,000 duplex we were quoted at 1100/year with 1k deductible
Ray Evans
Insurance Options for Rentals
This is my first real post I think, so let me know if I did something wrong :-)We’re a couple years into this journey, and I’ve been somewhat disappointed in the rates we’re getting on insurance for properties held in...
Account Closed
How Do You Make It Go Away? – 5 Facts About Body Fat
When do fat in the body is more dangerous? Did you know that the amount of fat in your body is determined when you were in your mama’s belly? Important stuff you did not know about Belly fat.The truth is that dieting ...
Ralph C.
Conservation easement investments - tax savings shelter
Has anyone had success in winning a case against the Irs with their direct participation in a conservation easement investment?Lately they have been cracking down hard and doing audits on conservation easement invest...