I have noticed that Tax exemption for real estate professional status. I would like to know more about what this implies and how do you obtain and record what it means to be a real estate professional.
The appliances in a duplex I bought are going to be replaced. Would love to write it off next year as an expense but wondering if that would raise a red flag with Uncle Sam. What do you all do? Capitalize? Or Expense?...
Hello Everyone, I have a rental property (single fmaily home) in Santa Barbara County, CA.
I have a property management company help me to manage the rental property.
My tenant reported that a cat defecating on th...
Has anyone on here used company credit to buy real estate? I've been talking to a company that said they could get me a company line of credit for 50-70k with in 6 months.
I was thinking what if I used the company ...
Can a pre-taxed self-employed income (pass-through entity) be used to purchase a rental property?
This is more an FYI, since my guess is that most on BP don't have NC or VA silviculture land holdings. If you do have or invest in tree stands on the coast, then hopefully the ecological phenomenon described by this r...
I'm in the process of getting a few free estimates from multiple licensed plumbers for a sewage leak under the house. The issue is that there is a contractor who is thorough on-site but lack follow-up communication af...
If I'm using the standard mileage rate for 2017, can I also claim my business use percentage for my auto loan interest? My accountant says no, but I've read in books that you can still claim auto loan interest in add...
It's very common in the old parts of Milwaukee to find small commercial storefronts which also have 2-4 residential units.
I found a 4-unit which I like purely on the merits of the residential units. I like it enoug...
Hi I tried airbnbseo and not quite sure if this has helped me get bookings or if it was my price adjustments. But it’s been slow in April and May and it’s getting into peak season so I thought I would’ve picked up b...