Joshua Schmidt
Can I buy a house that is scheduled for auction, b/f the auction?
I have been watching a property since June of 2020 and it is an auction property. The auction has been postponed about 5 times and I wanted to see what my options are or if anyone here may have any insight. I want thi...
Jerry Poon
As landlords, are we allowed to charge tenants for not letting scheduled techs in?
There is a property I manage with a couple of issues that require fixing. We are scheduling with the tenant on when the technician can go inside. If the tenant and I agree to a schedule, the technician shows up at the...
Alex R.
The importanc of reviewing the Tax Form 1040 schedule E before purchasing a rental property
why is it so important to review this form before buying a rental property and where can I obtain one for the property I am considering to buy
Noopur Bakshi
How best can I use my time as I wait to schedule my CA RE Exam
Hello! I am done with the coursework for the CA RE exam but DRE is behind in processing apps so I have to wait to schedule my exam. In the meantime I was wondering how best to use the time. I have some investing exper...
Mike Landry
Tax question on loss carryforward, sched E vs D
Hey guys. I'm at a slight disagreement with my cpa and wanted to gather opinions. Is Schedule D ever used for passive real estate losses carried forward? Does it have any affect.I'll make up an example.I have $5,000...
Eric P.
Rental Arbitrage - Taxes
For those following a STR rental arbitrage airbnb strategy (or homeaway or vrbo), in which you're airbnb-ing places that you've rented from someone else (with the owner's / landlord's permission, of course): do you re...
Pari Thiagasundaram
My Partial calculator - give me feedback for improving this tool
I spent almost half a day on this excel sheet to play with partials. If i were to sell one, on the "Partials" sheet, i type in the numbers on anything that is highlighted in green (Except the one that says "DO NOT CHA...
Ryan H.
Tax-Deductible Expenses for General REI Activities
Hello,
I own one rental property and report income and expenses related to that property on schedule E. However, I also have other expenses in connection with general real estate investment activities (not connecte...
Account Closed
need help:which form report commercial loan deductible interest?
Hi, My 7 property are under the same LLC (single-member LLC, 100% ownership). Therefore, I will report the LLC under my personal tax return. I have a commerical portfolio loan of 7 rental properties. One single loa...
Paul C.
Interest deduction for line of credit
Wondering if someone knows the answer to these tax questions... perhaps @Steven Hamilton II ?If you use a line of credit to finance the purchase of a rental property (not a HELOC), I know the interest is tax deductibl...