I purchased and renovated a buy and hold rental property located in NJ in 2015. I did a lot of renovations on the property. The property is held under my own name and I'm trying to get organized before I go to see my ...
I will soon be an Airbnb host and want to get my accounting right from the start. I am buying a house I will live in myself and rent out the different rooms for more than 14 days each year through Airbnb. I am aware o...
I've searched the forum and still have questions so creating a post. I get that the ability to deduct passive losses phases out completely over 150k and that they carry forward. Can someone point to an example when th...
Currently dealing with Colorado Springs insurance companies changing their policies in regards to hail damage. Does anyone use an insurance company in El Paso county/Colorado Springs that has fixed prices for hail da...
Hi All,I am looking over a Statement of Revenues and Expenses for a hotel. I noticed Amortization under Operating Expenses and I was wondering if one would want to include that number in the NOI or not.Thanks
I am closing on a rental SFR and have expenses and closing costs.Will not have any income on this property, for 2020.Will closing costs, repairs, and all other expenses allowed as deductible on my tax return for 2020?
I can imagine a lot of you are successfully leaving your 9-5 job to pursue real estate investing full time. One day soon that is my goal but I wonder- how do you find health insurance for you and your family now that ...
Good Morning All!I now have 3 properties under my belt - all from 2018. I am testin for my Sales Agent License tomorrow and am constantly looking for ways to invest my growing my business. I'd like some simple guidanc...
Hi,I am in the process of converting my primary residence in 78745 into a rental property as I am purchasing a new primary residence. How important is it for me to protect this asset in an LLC? I want to grow this bus...
Do you account for tax when you analyze a deal?