Tze Chiam
Tax deduction on lodging expenses while searching for an investment property
Hi all, I recently booked an Airbnb using some Airbnb credits (that originally came from a gift card) in my account while searching for an investment property. Since the stay was booked through account credits (instea...
Felicia Richardson
Just Closed on a Duplex w/NACA
Hello! I closed two weeks ago, on a Duplex in East Point, GA near Greater Atlanta for $319k. My Property is Zoned, to add a Tiny Home, as well. I used NACA and it took me 7 Months, to get through the Program. I saved ...
Andre M.
How much do you expect out of your snowbirds on the Gulf Coast?
We just bought a condo on the Gulf Coast, and the old management company has said the same snowbirds come to our unit every year from December 15- March 31.
Their rent covers about 2/3 of our monthly expenses. Obvio...
Kaleb Dodson
How to quickly evaluate a rental?
Hello everyone!My partner and I would love to get more information concerning gathering operating expenses information for a potential rental deal. I've heard of the trailing twelve, and I know you can just ask for th...
John Welty
Started building our team
So my wife and I began building our team last week. We met with a banker to discuss our plan to get into real estate investing. He looked over our plans and helped to clarify a couple of questions we had while confirm...
William C.
Cost seg study, but also had major repairs. Best way to handle for taxes?
We own a SFH long-term rental property in Nevada that was placed into service in 2023. We have run a cost seg study on the property and qualify for 80% bonus depreciation. In 2023 we also had a major repair take place...
Tyrus Hampton
Banking Accounts / Checking Accounts
hey, what's the best setup for bank accounts for rentals? I do know some people suggest having multi checking accounts for long rental properties. What do you all suggest is the easiest and more effective setup?
Lisa Mason
Claiming the Home Office Deduction when you have a net loss for the year?
Does anyone know if you have a net loss for the year, do you claim your home office deduction that year and carry it forward, or do you "not claim" it, hold on to the info, and claim it when you have a net profit for ...
Khari Lewis
How much cash reserve
What is a good amount of cash reserves should I have for maintenance and unexpected expenses of each rental property?
Dan K.
Need advice on a 200 acre development opportunity
Need to verify specifics but was just told about this pocket listing & here's what I know so far:For Sale 200 acre development for only $250K; has 130 lots (~20 lots are already developed with houses); lot size is...