Hi All,
I own an updated 4 bedroom, 3 bathroom ranch-style home in the Quail Creek neighborhood of Austin. I'm evaluating a conversion of my home into a short rental property and would love to connect with anyone who...
Hey all!!
I've been trying to investigate MTRs vs. STR vs LTR. Just curious has anyone found a way to analyze revenue from MTR vs STR? And things such as the difference in taxes, insurance, cost of start up, cost o...
Husband and I formed a LLC for our rental properties. We will have property managers and the houses will have debt on them. I just registered with Tenessee dept of revenue to pay excise tax. Do I need to register f...
Looking for feedback on my first real estate deal. I am planning to build an 800 sqft. loft apartment over my free-standing garage (at my primary residence) and turn it into a short-term rental marketed through AirBn...
I had a great conversation with @Kay Kay Singh today about the depreciation of gas stations, and thought I would share some relevant information regarding the tax laws for the general benefit of the BP community.Gas S...
Hello everyone. I am getting back into RE investing and took the first big steps at the end of 2016. I’m curious about my tax strategy for the 2016 tax return in progress and also interested in a referral to a very ...
For all the flippers out there or tax pros.... What are the income tax considerations related to house flipping ? Specifically how is the gain or loss on the ultimate sale calculated is it ( my purchase price plus r...
I recently purchased a 9 unit residential apartment building, the city sent out a third party assessor to evaluate the property for property tax purposes. I owned the property since July, 2018, on the assessors report...
So this would be my first deal and I would like some honest feedback. I need to know if I'm biting off more than I should chew.
Triplex asking $220K
2B/2Ba each unit
Good neighborhood and schools
Rents 1x$600 2x$650 ...