Tony Nguyen
Rehabbers - whats on your Daily To Do List?
hey,
what are you guys doing to stay busy? The busiest time of my work is when we have projects that we're working on, but even then it's not THAT busy. I hire the contractors to do all the work and all I do is go pi...
Susan O.
Tax Writeoffs Out of State Property-
We reside and pay California tax. We have rentals in Ohio, Hawaii and Nevada now. For travel expenses we have racked up a lot of expenses on a property in Hawaii. For the Hawaii duplex. We legitimately have been fl...
David Zipparo
Taking The CCIM Course (Certified Commercial Investment Member)
Background: Capital Markets broker with Avison Young in Raleigh focusing transactions on office and retail. Decided during the pandemic that I was going to use the opportunity to sharpen skills with education. My co...
Collin Hays
STR owners pay sales tax on VRBO's service charge?
We are currently in a sales tax audit with the state of TN. The auditor is stating that it is my responsibility, as STR owner, to pay tax on the service fee that VRBO charges guests. How could that be possible? Thi...
Dave Kennedy
Abandon home- where to get info?
Hi folks,
Theres been a property at the end of my street that has been abandon for close to a year+ now. At no point did a for sale sign go up but I haven't seen anyone living in it at all. The family just kind of pi...
Alan K Auman
Getting licensed in Indiana?
Just as the title says I'm considering getting my license. I mainly want it to make investing easier (having access to MLS, not having to wait on agents to view properties, etc..) but I am also interested in actually ...
Saji Ijiyemi
Contractor doesn't want Payment Reported to IRS. Will I be able to take deductions?
Hello -- I need to do a major rehab on a rental property that will cost about $50k-60k but the contractor does not want 1099 and wants nothing to be reported to the IRS. I want to be able to claim deductions. For tax ...
Jeffrey Haapapuro
Tax advice on property exchange
I had gotten into real estate with the intent of acquiring rental properties and didn't have intentions of flipping. As it turns out, last year I sold a rental property that I had owned for about 10 months and the mo...
John Doyle
I have one property (duplex) - do I need accounting software?
We have had our duplex for one year now, and aren't looking to acquire any more properties.Maybe this is a dumb question, but do I need accounting software (Quickbooks, etc.) or can I just do our taxes with Turbo Tax ...
Christy Glenn
Public Records
Hello,
I am fairly new to BP. The main question I have is about searching public records before getting too invested in a property such as a Foreclosure. I have read a lot of information on why we should util...