Anna Batchelor
How is VT STR income tax calculated?
I’m looking for some help understanding how my income from a VT STR is going to be calculated. I’m anticipating a 30k gross and 10k net income after expenses. Does the gross or net income get taxed? Since I’m only MAK...
Charlotte Dunford
Syndicator's acquisition fee tax deductions
Can you deduct operating expenses from acquisition fee received? Let's say you received $30,000 in acquisition fees, the first year operating expenses of the property is $45,000. Can you deduct all of that? Or do you ...
Richard Stephens
comps
Hi Everyone,i have a question on what to offer on a house that the comps fluctuate from $100k and up,no two houses are alike,a rich area like the house im thinking of thie asking $223k needs about $50-75k in repairs a...
Ed Lopez
Need a recommendation for a commercial real estate attorney in CA
Hello all. We've decided to change things up from real estate and invest in a franchise. We have found a location to rent in the city and have a proposed lease from the owners. This has all been through our commerc...
Pablo Flores
Virtual Assistant to Scale Business?
Does anyone have any experience with a virtual assistant helping manage your vacation rental business? I own 4 vacation rentals in the Palm Springs area and manage two others for other clients. And I have 2 more...
James Mann
If you are looking to develop...
If you are a real estate developer who would be interested in developing a property for commercial uses what are things that you would be looking for? Someone in my office just listed a few acres and I am determined t...
Marshall Rousseau
Commercial Tenant Interesting Situation
Hi all. I rented out a tiny commercial space to some ladies that wanted to open a retail clothing store. 10 days after move in they had a falling out and one of them moved her portion of the merchandise out of the sto...
Julio Gonzalez
Increase Cash Flow with Accelerated Depreciation!
Did you know that you can increase your cash flow simply by utilizing accelerated depreciation of your real estate property? By accelerating your depreciation schedules, you reduce your taxable income which in turn in...
Charles Buckley
SIMS Reviews
What has your experience been with SIMS version 1 and version 2 been?
Isaiah Tademy
Real Estate Professional Status & Taking Losses Against Full Time Income
Hello BP Community,I'm a bit stumped. I've talked to several investors and my CPA and am getting different answers. I am a full time insurance agent with a relatively high income, and my wife got her real estate licen...