Azita S.
Do I Need to Issue MISC-1099s?
As an individual owner, do I have to send 1099 to individuals I hired to work on my rental properties? I know as a Corp or LLC, I do, but no sure as an individual owner if I'm supposed to send them 1099s.Thanks,Azita
Sharon D.
Converting personal residence to rental--tax questions
We bought a home in 2016. Moved out in July of 2021 and started a very drawn out rehab project. Finally got the place listed as an STR in December of 2022 and have been booked solid ever since.At what point do I sta...
Cody Cavenaugh
questioning getting license, 20 year old real estate investor
Hi, I'm a 20 year old real estate investor. I have purchased my first property last year and plan on purchasing my second later this year. I'm considering getting my real estate license in order to get 3% off purchase...
Ken Mackey
I want a coach, any suggestions?
I’ve read 100 books, listen to 100 podcasts, joind Reia’s, been to seminars, talked to people from all areas of the business. I’m ready to jump and need a jump coach. experienced in multifamily and rehab. DM me for pr...
Jason Powell
Ever Done Cost Segregation?
Has anyone ever done a cost segregation without the use of a firm that charges a lot for it? I have a buddy that's doing it himself and providing an excel sheet to a legitimate accountant. Any pros and cons to this?My...
Jalen Wilson
Is it possible to get a mortgage with no W2 history
I want to use the brrrr strategy to buy my first property, but I don’t have a w2 history. The work I do is for a waterslide company and they don’t report anything, and I cut grass as well while being a full time colle...
Margo Sultenfuss
Transitioning from STR to Midterm
Hi all - due to some changes in my HOA, I need to switch my Airbnb STR over to mid term, specifically month-to-month or anything over that. I am looking to do this by December as I’m planning on keeping my existing re...
Jacob P.
Why has David Greene moved on from BRRRRing?
I've been investing for 8+ years now. Just read David Greene's BRRRR book. It really has me sold on a shift in mindset (to date I have been saving up, putting down 25% to buy properties at retail. It's been a slow pro...
Mark Forest
LLC controversy
The company entity issue continues to come up on this board as well as my landlord’s association. Here is a site that recommends against an LLC or corp.: http://www.johntreed.com/entity.html
...
Julie Marquez
Would you purchase a house where a murder occurred?
Before my life of BP, I found a great deal through the MLS on a house in an older A/B+ neighborhood. It was vacant, so we wander the property for a long while checking it out. I then went home and checked country reco...