Angelo Llamas
Tax breaks for a rental breaking even
I’m a little confused on what happens when your rental breaks even and you do tax breaks or write offs for maintenance , travel, etc. Does nothing happen or you don’t get anything since the property is not generating ...
Matt Sora
Real estate tax deductions
I was wondering if anyone knew more about the tax deductions that come with your properties. I know of the certain ones that you can write off but I was wondering if there is a certain amount you are only able to writ...
Christopher Fougere
SW Florida - Tampa, St Pete's, Largo, Seminole
I'm an investor from VT, but have been investing out of state (mainly in MO, most recently in OH) the past few years. We've grown our portfolio (my wife and I) much faster than we originally planned - seems that is n...
John Lee
Deducting utilities that are under the tenant's name?
I pay for internet, gas and electricity each month but the bills are under the tenant's name. He reimburses me for them but I'm the one making the payments. I'm adding his reimbursements as income but can I deduct the...
Ariel G.
Trusting an unknown Team. How?
Hi.I was wondering, how do people trust others with their money without knowing them?Investing out of state without knowing the people seems threatening.I wonder how people build local teams without traveling there? ...
Adam Sankowski
Any REI tax pro or genius recommendations for Boston Somerville
Hey, trying to get my head around the new REI tax laws and I've got a bunch of questions. I've looked into hiring a firm to help but they are thousands and thousands and I don't even know what I need until I get some...
Simcha Davidman
Partnering up / Entity structure
I am looking to partner with someone out of state from me. I am bringing the (majority of?) capital and he will be boots on the ground/management. Additionally, I see this as having potential to be a larger relation...
John Paziouros
Searching for experienced arbitrage (MTR) investors
Hello BP community, I am searching for experienced arbitrage (mid term rental) investors to partner with. I manage a couple of studio apartments in Southern California that would serve as ideal mid term rentals. B...
Piper D.
landlord property entry
As a landlord myself (albeit not of many properties and none of them STR) I am curious what you would all do to handle this situation if you or a loved one were in it:My sister is a traveling surgical tech on a contra...
Wayne Lester
Material participation tests activities
What activities qualify for the material participation tests for making your short term (<7 day on avg stay) active instead of passive income/loss? I'm taking the "I contributed 100 hours and nobody contributed mor...