Steve Legnaioli
Options for corporation profits ?
If I start a corporation to collect rental income and there is 10,000 left after all expenses (profits) at year end , how is that taxed?On my personal taxes?Is it taxed separately before I take it?Is it part of my MAG...
Pat Williams
Tax Organization Structure
Where are my blind spots in this tax organization for a real estate developer. A single member LLC (Company X) runs rentals, RE development, and is General Contractor on the development of the properties. The rental...
Nathan Stotts
Springfield, MO - What's driving and sustaining the drastic housing price increases?
Hi SW MO folks (and SGF investors outside the area),Apologies, this may come off a little rant-ie, but hoping to get an educational discussion going. As the title suggests, I'm trying to understand the key driver of t...
Woody S.
Recommendations for a Bookkeeper in Charleston, SC
I have a few SFH rentals and am looking for a local bookkeeper to help organize and keep track of my books. I plan on continuing to grow and accumulating properties so there is an upside.
Lynda Poe
Pricing Rentals
As an investor and a Realtor* who manages other peoples rentals I believe several things are important in determining rental rates.
#1. Condition of the property. There should be little to no deferred mainten...
Jonathan Pechmajou
Attorney and CPA Referral - LLCs for Rental (South Florida)
Hello there -I'n looking for referral of an Attorney and a CPA that have the following experiences :- LLC Creation specifically for Real Estate Rental Investing (to help me with the creation process, article of organi...
Trey Watson
Landlords/Rental Property Owners in Houston
I'm an agent for a wholesale investment brokerage here in Houston. Right now I'm specifically looking to connect with landlords in the area who are interested in single family properties. Most of my clients want to fl...
Greg Baker
Questions about tax write off's with a rental property
We recently closed on our first rental property and I'm trying to keep everything organized for our tax professional next January. Which of the following can be written off? 1. Pre-purchase - Home inspection and app...
Jonathon Young
Keep using Turbo Tax?
Hello everyone, I bought my first rental last year in November (2022) but after rehabbing it myself, I did not have a tenant until January of this year (2023) so I did not make any profit to show on taxes. Would there...
Jake Thompson
Systems/Organizational Tips
Hi folks,I'm just curious if anyone had some tips they'd like to share on their favorite or most useful system or organizational methods they use. I'm currently reading the book on managing rental properties by Mr. Br...