What are all of the possible tax deductions when claiming a rental property? And assuming I have a rental property paid off, and I have a W-2 job, do I save money on both taxes? Or one or the other? Also is there any ...
Hello fellow househackers!
Two questions for the group in celebration of tax holiday cheer.
1. Does your tax preparer have you use a 1040 schedule E or 1040 Schedule C?
2. Which portion of the tax code do they ref...
Hello BiggerPockets!As the title states, I am just getting into virtual wholesaling. A friend of mine asked me to JV with him. I have yet to make a deal happen, but I feel like I am starting to get the hang of the net...
Despite the ongoing decrease in mortgage rates, the real estate market is facing a persistent challenge as housing sales struggle to bounce back. Notably, the average home price has also seen a decline, with hom...
Hello BP family! Newbie here and looking for some insights..
we are actively looking for the properties to househack then BRRR, we plan to rent as midterm. I have this 2 properties in Orlando we looking at. Both w...
Anybody know of any property managers in Macon, GA, who would manage a low income property?
Is it actually possible to BRRRR 100 properties in a year and use them as rental properties?
Anyone have a checklist they can share?EX: advises the tenants on grass cutting , what not to flush or put into the sinks (feminine products, cooking oil -used or unused), pet info
I am seeking for insurance companies for rental properties; do you have any recommendations?
I keep hearing/reading about people that are not paying taxes on their rental income because they can offset it with deductions. I can't come up with enough to cover the income. What am I missing. I am deducting:
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