Account Closed
What should I do? - NO what SHOULDN'T YOU TO!
I have been investing for over two decades. Seen up markets, down markets, and even a sideways market or two. People and names have come and gone. Quasi - "Celebs" have had their names made on TV shows, then they...
Jordan Webster
First Purchase - Home to Flip, or MFH to Owner-Occupy
As the title implies, which should I do first: Flip a home to sell or move into a MFH to owner occupy.I've never owned a house before, but have plans to put my first flip deal under the LLC I just created. If I were t...
Hobart King
Can you transfer a tax lien?
Hi,Was wondering if it is possible to transfer a tax lien to another individual or a company? Does anyone know how that would be done? Thanks,Hobart
Joel Oh
I am hearing STR doesn't count toward REPS status.
Hello guys! I have a good W2 income as well as STR income.
2023 is the first year I thought I could qualify for RE status as I am working as the property manager, handyman... (750+ hours) man I worked hard!
Just fi...
Donald S.
Tenant lost security deposit check (the refund)
Hi Everyone, I sent a tenant their security deposit back through the mail, certified mail, with a cashiers check after they moved out. I received notification that it was delivered, and a text from the tenant saying t...
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...
Zoe Lee
My PM owns us thousands of dollars in rent, what can I do?
Our PM owns us about 6 months of rent. According to contract, he needs to pay the balance 30 days after the end of contract (we ended it with him due to tenants complaining about negligence). Now the deadline is here,...
Jeff Stephenson
Analyzing a small boat storage facility
I'm looking for some help in evaluating a deal on a small boat storage at a popular lake, located in very close proximity to the marina and boat ramp.
As you'll soon discover in my meanderings on the subject, I'm ver...
Travis Oneill
What are all the Monthly Expenses for a House in Raleigh North Carolina ?
Hello Everyone,
I hope you're having a great day!
My name is Travis. I'm 29, and I've never owned a house before. I'm looking to buy a house in Raleigh, North Carolina, and I wanted to figure out all the monthly exp...
Brett Riemensnider
Claiming Expenses on SMF During Tax Season
Hello everyone! Question regarding my first rental property and taxes. I purchased my first rental property (4plex) back in July that’s taken a lot of expenses; down payment, inspection, repairs, rehabs, etc. From my ...