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Results (246)
Cheyenne Davis Staging??
27 May 2018 | 17 replies

Ive got a few houses that are moving slower than expected and it was suggested that we stage them. I've never staged a house before. They want $1300 up front and $350/mo. to stage the main rooms and master. No smaller...

Leslie Beia Transitioning From Rentals in TN to Flips in TX: LLC/S-corp Q's
16 January 2024 | 6 replies

Hi All! I lived in TN briefly and bought several properties there that I manage as STR's, and have a 3rd in MI. They are all currently in my TN-based LLC. I moved from TN to TX and have started flipping. My plan has b...

Sean Brennan Do any of you active investors do your own taxes?
19 February 2013 | 25 replies

Or do you hire a CPA?

I have always done my own, even since I've been self employed... but I am thinking that if I create an LLC and start doing deals it will probably be a good idea to get a CPA.

What do you think?

Dave D Fischer Home Away/Vrbo Holds funds
23 July 2020 | 23 replies

Have had guest in property now for over 7 days. From VRBO fact that they have not paid for the guest stay to the host is no big deal. It is something they took non chalantly and stated, maybe your get paid this week b...

Joe Ramirez Cook County Tax Exemption treatment on flip
17 July 2019 | 8 replies

Hi all,I recently completed my first flip and had a question about the treatment of tax exemptions on the property.  In the end, I feel like I significantly overpaid.We purchased the property in late September of 2017...

Michael Meegan My CPA is using my Passive Activity Losses to write off my non-passive income????????
31 January 2023 | 6 replies

I don't know if my CPA understands and is preparing my taxes correctly.I love her and want to grow my business with her, but I need some knowledge so I can have a good conversation with her.Here's the scenario:In 2022...

Darrell Boaz Property Value
15 October 2014 | 10 replies

Hello Guys, Today was a wonderful day on my Journey to become a "Real" estate investor. I met with my estate attorney and he has given me and my partner the royal treatment. We have all the contracts we need, we have ...

Thomas Dorwin Sell your house at a loss or make it a rental?
18 May 2015 | 9 replies

I have a young friend, lets call him "Matt" who owns a 4 BR 2.5 BA in a northern VA city just outside Washington, DC.  Matt listed the house with an agent asking $439,000 and hopes to sell it at $430,000.  He is upsid...

Lisa Goodwin short sale scheduled for trustee sale in 5 days
13 September 2012 | 28 replies

Earlier this summer I made an offer on a property in Surprise Az and have been waiting on lender's approval. My agent emailed me this weekend telling me the house is scheduled for trustee sale on Friday and he has a f...

Geri May Our tenant is breaking her lease
12 February 2022 | 14 replies

I have a tenant that is breaking her lease, it has been reported to me by multiple sources, not only does she have a service dog that was approved but she has a second dog. It has been reported by her neighbors that h...