Michael Zagorsky
Schdule E: Converting long term rental to personal not count?
From the instructions for Schedule E, was confused about this line:Do not count as personal use:• Any day you spent working substantially full time repairing and maintaining the unit, even if family membersused it for...
Kevin Fletcher
Problems with Having RE Agent license and Being An Appraiser
Hello. For control of my deals and investing purposes I was planning to get my RE agent license. Also I was thinking that another way to make a little money and hone my skills at valuating properties would be to be...
Matt B.
Is There a Way to Put a Carriage House in an LLC?
We are going to buy a home that has a carriage house (on the parcel) and I was curious how I could firewall the liability if something were to happen in the onsite rental .... I would assume I cannot place the buildin...
Luisa Lopez
Deed restrictions, guidance
Hello all, I'm currently looking to buy land in the Adirondack Mountains in Indian Lake, NY, Hamilton county, and build a modern cabin on it for STR and also for some relaxing weekends for myself. Looking to meet indi...
Josh Mac
Which business entity?
Hello all,I'm wondering what's better for tax benefits and over all for RE investors, LLC or S-CORP?Thanks!
Bruce D. Kowal
Now is a good time to start keeping daily logs
For tax purposes, both material participation and use of your automobile for business purposes, you really should have a daily log. Today marks tax filing day for 2021 tax returns. Buy a notebook and start keeping tr...
Jimmy Hong
Do you recommend credit union or local community banks in Orange County
Hello all,
I want to transfer out from Wells Fargo to a community bank. The purpose is to establish a relationship with a local or regional lender for future financing purposes. Does anyone in Orange County...
Tyler Lucas
From contractor to investor
I’ve spent the last 15 years as a carpenter in central Florida, the last 5 as a Investor focused rehabber running my own business helping others make massive gains and generational wealth, a few months back I decided ...
Clay Manship
Complex 1031 Exchange Question--Please Help!
Hi to all you tax know-it-alls and 1031 exchange folks. With anyone who has experience in the field, I am really in need of your detailed advice concerning this deal I have going on. Please see below:In September of 2...
Jennifer S.
Multifamily Mastermind Group
I'm looking to connect with people who are interested in multifamily 30 units+ to create a mastermind. The purpose of the group is to connect with like-minded individuals who can help move each other forward faster. H...