Dray Moultrie
1099 from Non-profit paying tenant's rent
A church paid my tenant's rent and I received a 1099 for that amount from the church. For all the tax pros out there, what 1099 box should that $1700 be in? My tax advisor stated Box 1 "Rents" and the church tax advis...
Bill Henley
Carry forward of business losses after exiting the business
As of late 2019, I owned four residential rentals. Three were straight rentals, and one 3-unit building I ran as an AirBnB. Between December 2019 and April 2020, I sold all four properties. Now I am filing my 2021 ret...
Wesley Jeanette
Calculating monetary damages from an eviction
I just went through my first eviction and let me just say man was it fun. I hired a lawyer for the eviction but now they want $1750 to file for the monetary damages. Based on everything I have heard I am not expecting...
Tony Ferreira
Late to the Game / 10 year retirement plan
Hey Team,
So as the title states, I am late to the game as I just turned 52. I continue to hear that real estate investing outpaces any other investment account. I am not in need of positive cash flow, although I ...
Jeff N.
10% return non RE investment
Would appreciate some feedback on anyone that has invested or researched lendingclub.com
I have done some preliminary research the past few months on my side and it appears to be creditable.
Another question I have...
Michael Herr
ACH pulls for irregular dollar amounts
Been using ACH pulls for rent payment through eRentPayment.com and love it, but only works if the dollar amount stays the same each payment.Looking for suggestions on controlling ACH payments for reoccurring bills wit...
Sunny D.
Bay Area new member
HiI joined BP recently and wanted to introduce myself.Moved to bay area in 2014 from NYC and bought a home for primary residence . Based on recent sales prices , it appears that our property has appreciated about 250...
Rich Weese
I'm older than most-seen this before!!
I've been off the board for awhile- very busy. BUYING!!! Think about this for a minute. TRILLIONS of dollars are being added to the economy, and no additional products added to absorb the dollars being created. In the...
Ayodeji Kuponiyi
Can Late Fees be Deducted from Security Deposit??
Hi BP Nation! I hope you all are having a great week. I apologize in advance if this question was already asked. My father-in-law recently retired and relocated back to the Caribbean this past February. He rented out ...
Seth M.
New Member from Southern California
My wife and I are new to Bigger Pockets. We are home owners in Southern Cal and are looking into long term rental investments in the greater Oklahoma City area where I was born and raised. We're in the process of le...