Anyone see this massive increase in values this year? A little questionable considering 2022 was a fairly flat year with property sales, at least near me. Went with Ray-Tax last year to try and protest my primary, whi...
Talked to my accountant today and he suggested I send 1099's. He said it is unclear what the repeal is all about. So, I went to the IRS to get forms and the lady at the counter said I am a trade or business and need t...
Some days I feel like I'm really struggling and that I'll never reach the level of success that I want. Others, I feel that the pieces are all coming together.
I'm trying to establish a solid routine of sorts that ...
Hello Biggerpockets members,I wanted to post something to kind of caution others about choosing their CPA. This is happening to a family member (they do not invest).Last night, a family member received a letter from t...
My wife and I are house hacking in Burbank, CA and have run into an unusual situation with a tenant that we're not sure how to handle. He and his family have been renting from us for two years without issue, their lea...
Hi,
My wife and I both have a W2 job and purchased a vacation home in big bear, CA in late 2022 that is being used as a short term rental. I am looking for a CPA that knows the STR Loophole and can help us with offse...
Here's the situation. . .I am under contract on a property that was supposed to close next week. Unfortunately, the seller passed away and does not have a will or trust. So it looks like this will be headed to probat...
I am selling this property which was purchased at a tax lien sheriff sale, I signed a contract with one of those contractor guys who buys for cash, but he is not licensed and is just trying to sell it or wholesale it ...
I was under contract on a duplex in Missouri and the financing fell through.
Its within the 45 day Loan Termination Deadline period, and the sellers agent was made aware.
Long story short - the seller got mad and i...