Joshua Kohl
what all can i count as deductions?
What all can I deduct as business expenses? I closed on my first rental (a duplex) yesterday and want to make sure I maximize all my deductions. Can i deduct internet, cell phone, office supplies, car insurance (if ...
Matt Sora
Real estate tax deductions
I was wondering if anyone knew more about the tax deductions that come with your properties. I know of the certain ones that you can write off but I was wondering if there is a certain amount you are only able to writ...
Michael Quarles
Season of Giving
Who did some charity work this year and what did ya do?
It seems that this time of year is all about receiving and giving to those we know and love however did anyone think about someone they dont know.
I thought i...
Vincent Ludegna
House hack or, rent and invest?
This is something I can’t seem to wrap my mind around, maybe someone with more experience can share some of their knowledge with me. Say I have $60,000 saved in the bank and I want to buy my first property. My long te...
Robert Gillenwater
Help with Mobile Home Park Analysis/Offer
We just made an offer on a 20 unit MHP. 100% occupied, 10 units are Park Owned. Broker said our offer didn’t have a shot with the owners and wouldn’t present it. We offered 440-460k plus market value of the park ...
Corey Robert Leet
Bed and Breakfast Investment Property
Hey Everyone,
My wife and I are looking at possibly purchasing a currently operating Bed and Breakfast in Minnesota. Anyone have any experience with this type of investment? We have a few questions if anyone is...
Patrick Flanagan
Tax Benifits of a real estate pro
I was told that if you or your spouse is a real estate professional and you own real estate, you benifit from it?? Is this true and what all does it mean. Thank you
Adrian Suarez
Were to go for the best advice for Airbnb
Hey, someone, I'm in the possess of getting my very first property turning it to an Airbnb. but I do not know where to go for the info I would go to youtube but I want to make sure whoever providing me with the info t...
Andrew Alpsteg
Owner Occupied Duplex Insurance
I know this topic has been visited often in the past. I've browsed the forums looking for advice, but every situation is different and I haven't been able to find information that pointed me in the proper direction. I...
John Bernardo
Pass through expenses for STR - active or passive designation?
I'm working with a CPA who is arguing that STR should be considered a passive designation and therefore losses in our holding LLC cannot be applied to my W2 wages (which are > $150k). My spouse and I will be alloca...