Roger Pearce
Accelerated bonus depreciation for short term rental then switch to long term rental
I'm looking for some expertise from STR landlords or accountants. I came into an extra $200K this year! The problem is it's going to be taxed as W-2 earnings. I only have long-term rentals and a full-time job so I co...
Gary F.
Lease Options (as a seller) in todays (softening?) CA market?
I'm thinking of selling my San Jose SFR and looking at options. A Lease with Option to Buy is another method I am considering. It seems here in the Bay Area, it is starting to soften, DOM increasing, some sellers havi...
Mike Dawson
Considering SDIRAs for a specific situation, and moving forward afterward.
The more I look, the more questions I seem to have. I'll try to keep it concise. Thank you for any help you can offer!Quit my job last year. I have a TSP still in place which I would like to rollover to a SDIRA(pos...
Aaron Bashore
Rent to Own question
Hello Everyone,I own five single family homes in Toledo, OH. I just bought one house (3601 Dean) and the new tenant really wants to do a rent to own deal. I am interested in this idea because I think it could cut down...
Evan Boychan
First Purchase, Personal Credit or LLC
Hello! I am a new investor looking for my first deal in the Ann Arbor area. I'm primarily looking at single family homes, condos, and off market opportunities. I'm curious what metrics people use to decide whether to ...
Christine Edwards
Labor vs Material cost
I had a contractor give me an estimate for some work that needs to be done on my house.Material cost $15,345From what I have read online, it says that labor should be roughly around 40 - 50% of the total project cost...
Antonio Bodley
Is Jack Bosch just another phony?
Has any one of you heard of Jack's Hidden Tax Sale Cash program? He explains the tax deed loophole where you can buy properties for $100 and make big profits doing nothing but collecting overages from the county after...
Alex Martin
Writing off a firearm?
This may be a wacky question, especially considering I couldn't find any search results pertaining to this, but can you write off the cost of a pistol as a business expense? I own almost a dozen rentals in the Tri cit...
Chintak D.
Transferring Rental Property to LLC & Exiting Partnership
Hi All!So I have a complex (at least I think so), situation I need help with. There are multiple items at "play" so I may need to provide more detail to fully resolve the issue.Quick Background:Bought a rental proper...
Joe Martella
Note Analysis
good morning all:So I found a note that I decided to do some research on, but don't know if I am considering everything, so I come to you to get your opinions to see if I am on the right track. The property is in Mem...