Account Closed
Multiple 'de minimis' safe harbor elections?
Good Morning All! Two questions actually.First, is the 'de minimis' limit for an individual landlord $500 or $2,500? I read Amanda Han and Matthew MacFarland's book and understand (or interpret it anyways) that the li...
Erik Kubec
SHST, routine maintenance, de minimis example
Hello BP folks,Here is a real scenario for one of my properties with regard to how to use the Safe Harbor for Small Taxpayers, Routine Maintenance, and/or De Minimis options.Property LCT has an original basis (just th...
Andrew Glenn
Minimizing Vacancy (risk) and Protecting Portfolio?
Edit: Unsure if this is best suited in Starting Out, or Investor Psychology...My wife and I are pretty new to this whole thing, and we have a lot to learn. We currently have 1 unit and it's working well for now. As we...
Orlando Walters
Ima New Veteran with minimal knowleds
Good day good people. I would like insite on growing in the real estate realm. I have one property and I know that I am not getting the highest rent that I should be getting. I had had this property for the past 4-5 y...
Vlad Kuzin
Direct Mail - Minimizing Number of Returns
I am looking for ideas on how to minimize number of return mail when sending out direct mail to the driving for dollars leads. I put "address service requested" on the envelope and mail does get redirected, however...
John Thedford
Enforce Your Leases To Minimize Problems
Just checked the mail and there they were: rent checks ON TIME from previously "bad" tenants. My friend @Mindy Jensen had a post recently concerning what was a favorite lease clause landlords have. My response was the...
Felipe Ocampo
Roth Conversion Ladder while minimizing taxes
My wife and I plan to retire in about ten years. We will probably have $500k in taxable accounts and $500k in 401Ks. Initially we will draw about $40k each year from our taxable accounts. Since withdrawals from taxabl...
John Matthews
Minimizing Electric Use in Common Areas
Hi All,In small multifamilies where there's no on site maintenance person to shut lights off, how do most of you ensure that your tenants aren't always leaving the lights on in the common areas? I figure my options ar...
Christian Chacon
Ways to minimize capital gains tax
I have a property that I am looking to sale in the state of texas, but before doing so I was looking to see what options I have in order to minimize my capital gains tax. I realize I can always reinvest into a like in...
Kurt Defenbaugh
Structuring SFH Entities to Minimize Liability
I’m currently setting up legal entity structures for my existing SFH rental currently in the remodel stage of BRRRR method. I’m getting varying opinions from both CPAs and attorneys.
If I refinance within an LLC (sh...