I own a 2,000 sq ft single-family outside of Boston, which has been my wife's and my primary residence for 2+ years. I have ZBA approval to create a two-family by building a 2,000 sq ft addition mostly in my current...
Looking for some advice from Tax experts, like @Steven Hamilton II.Sold an investment property in California. Opened a 1031 exchange. In escrow to purchase a replacement property (8-unit) in Nevada. Recently opened a ...
Trying to get my 1st property in Queens NY. I’m trying to figure out if the property would produce cash flow. Using the 2% rule, I got 0.69%The 50% rule, I got negative cash flow ROI, I got 4.06% I know those numbers ...
Hi all,
Was just wondering about wholesaling without an llc/scorp. Is it ok to just use your name, and for how many wholesale transactions? I want to use profits for income first but I know taxes can be a pain (I'd l...
Hi BP! I've finished my detached ADU (732 sqft, 2br/2ba) in Los Angeles and now I'm looking into the post-build appraisal value to determine whether to hold or sell. I've seen a bunch of different ADU posts from 2020-...
I just found out that one of my Airbnbs has Bed Bugs. One of the few negatives of new guests almost every night.... I am getting quotes to have a pest control company do a full extermination (looks like $2,200 minimum...
Hi all - I bought a primary residence in 2021 and I am renting the basement as a private guest suite on airbnb. I spent a couple grand furnishing it and getting it ready and the first booking was in late December of 2...
I am a lender based out of Charlotte, NC- I am looking to start a small property management business on the side as well learn how I should landlord my personal rentals in the future! Really starting from ground zero ...
Two of our five kids moved out in the last few years so I decided to turn two of the bedrooms into a 1 bed/1 bath apartment. I just spent a ton of money remodeling to add in a kitchen, washer/dryer, shower, install a ...
Hello. Learnt so much from this community. thank you one and all. I have bought 3 SFH in dallas area in last 1 year. come Christmas I am thinking about sending gift cards to all my tenants. can I charge this as tax ...