I have an LLC that I started with my now ex-wife. I got the LLC in the divorce. I plan to use this LLC to hold/manage rental properties long term, and basically take care of all my real estate dealings that are not ...
So, I am considering a long term rental property in Florida. We live in Charleston, SC. In addition to having cash flow, this would be a great vacation spot for us. The question is: What are the tax deductions av...
We just recently purchased a rental property in Utah from out of state. Prior to renting out the home we will have to fly out there to prep the home for rent. Just wondering if we can count expenses incurred for fly...
Hey everyone, looking to network a bit in the PA market, mainly interested in small multi family in the York area. Planning a trip down there in May/June. Any fellow investors, realtors, property managers willing to m...
Hi BP Members. I'm new to BP (but really enjoying it!), and was hoping to see if anyone had any experience with this scenario, and if so, had any suggestions: I'm considering co-owning/purchasing a small vacation home...
My wife and I have a mmllc for a duplex in iowa. Would my planned buisness trip qualify for tax reasons. We are trying to go to hawaii this coming May for a ten day trip. Would my plan qualify a buisness expence regua...
Hi BP, I am curious to know what proof do I need to travel to Utah (from Oregon) to check up on a rental property for the IRS audit of my business trips? I could possibly save down pictures of my texts with the tenant...
SEPTEMBER IS NATIONAL REALTOR SAFETY MONTH! As real estate agents, we embark on numerous journeys to meet clients. It is extremely important that you return home safely each and every night from the field. So how c...
TRIP INSURANCE. You know, that stuff VRBO almost forces you to buy when you make a reservation?So while VRBO is steadfastly denying trip insurance claims for refunds to to CV-19, they are simultaneously doubling down...