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Apparently since 2012 it has not been necessary to prepare 1099-MISC's related to rental activity unless the activity is a trade or business. See this article:
www.taxcpe.com/blogs/news/1099...
What do you think - ...
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How do you handle it? Are you getting better or worse about dealing with stress as you get older? What tips do you have for minimizing your stress levels?
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Hello, all,I had an initial consultation with a real estate attorney in North Carolina about wholesaling, and he gave me a 99% on issues discussed, but was going to do some research to get back to me if he thought it ...
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Hello,What are the best ways to market a long-term rental you just bought? I'm a newbie real estate investor, and my husband and I are planning to buy our first property this year or next. Renting for all my independe...
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Has anyone had a home warranty on their rental property where they had the tenant pay for service calls? If so how did you set it up?
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Greeting BiggerPocketsI`m a tenant in PA (Chambersburg) who`s about to resign a lease but I have some concerns someone more experienced may be able to answer.A few months back we had a water pipe burst in the living r...
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We have a duplex under contract right now that we recently had inspected. Both sides of the duplex have long-term, paying tenants. I'm not interested in finding new tenants if I don't have to since each unit is well...
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My rentals are in NY state. I recently had a tenant move out after 18 months. The place was left in fair condition. I still spent several hours putting in light bulbs, batteries in the smoke alarms and CO detect...
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AS we all know its rampant... I was just signing a sale contract on a CA flip we sold and there is now a CAR form that buyer and seller sign that delineates the risk and how to protect yourself against wire fraud.talk...
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Submitted a full price offer for a 3/1 with a guest house. The numbers work great after house is rehabbed. Offer was signed yesterday by seller & I paid both earnest money and option fee. This morning, the agent c...