I'm trying to expense an appraisal inspection cost for a deal that fell through at the closing table on my 2016 tax return. all my research are pointing my to the expense portion on my Sch C. I'm trying to see if I'm ...
I had an accountant prepare my taxes a few years ago and she depreciated some water heaters using a 15 year schedule. I followed suit and did the same thing when I did my taxes last year. Now I'm using TurboTax and it...
I am hiring a contractor for my first rehab and flip project and I already have the scope of work on a typical contractor invoice.My question is, do I need to have something drawn up in a draw schedule format before w...
What is the best way to create a draw schedule? I've seen some people list 4 or 5 Milestones and give a percentage for each milestone and I've seen others create a milestone and pay the specific dollar amount for each...
My father in law owns a 176 unit building in Los Angeles. It was built in 1991 meaning the depreciation schedule is beginning to expire. He is worried about losing the tax benefits. How big of a concern is this? W...
Hey everyone,I know the dates are October 6-8. What is the actual schedule of BPCON 2024, specifically the opening and closing? I want to arrive early enough to not miss out anything and leave after the closing ceremo...
Does anyone have a Rental Maintenance Schedule they would be willing to share? (i.e. quarterly furnace filters, smoke detector batteries, light bulbs, etc.)
Thanks!
Hello All, Just had a quick question about the average contractor work schedule. Do most GC's agree to work 7 days a week until the job is complete, or is it common place to have the weekends off where no work is bein...
Hey folks, just curious if there are any meetups scheduled in Tulsa. I've got a primary and a couple rentals, I'd like to see what some other investors are doing around town in the realm of real estate (preferably wh...
I am approaching my first full year of using direct mail as a marketing tool. Last holiday season I did not mail from Thanksgiving until after New Years. I market to absentee owner, probate, inherited and will start...