Orlando Layugan
Introduction to BiggerPockets
Hello BiggerPockets Community,
I am Orlando Layugan, a new real estate investor located in Hawaii. Currently reading and communicating with others while creating a plan to go into the BRRRR strategy.
1) H...
Account Closed
Eligibility/ Clarification 199A and Self Directed 401k
Me and my partner set up an LLC in CA (taxed as a partnership) in 2019. We are the only individuals in the company and performed over 1000hrs each this year and will continually maintain those hours developing our lar...
Pixel Rogue
Unique damages from exiting tenant…
Hello everyone,Have a long-term tenant who recently exited. We have been fortunate to rarely hold any security funds from former tenants. In this situation we have a former-tenant hyper sensitive to return of full se...
Susan O.
Writing off Out of State Travel?
I ave a triplex in Texas I fly out to 4 times a year. I was wondering if it's OK to write off all of flight. I go mainly to meet with managers and do improvements.Would it be OK to writeoff the Plane tickets? I was...
Andrew Postell
Yay! Tax Season! What you need to know on claiming deductions!
It’s tax season! Yay! Can we detect sarcasm when it’s typed out? Since April is fast approaching that means many of us will need to file our Federal Tax Returns. Even if you are filing an extension I have tried to...
Austin Spitzenberger
STR Insurance Set Up
I just acquired my first STR and am working on getting the proper insurance in place. I used a secondary home loan so the property is in my name and not an LLC. I am wondering what kind of coverage I need and how to s...
Steve LeBlanc
Portfolio Loan interest....is it deductible?
I'm in the process of combining 5 of my investment properties (currently individually mortgaged) into a portfolio loan. Is the interest paid on this new portfolio loan deductible just the same as the mortgage interes...
Clyde Stackhouse
My home is a FHA , NIFA and i'm not suppose to rent? what to do.
SOOO. long story short my wife and I bought our first home almost 2 years ago with a FHA / NIFA Nebraska INvestment Finance Authority. We didn't know we would want to rent this home out at the time but we are now movi...
Alex Romero
Tax Deductions for House Hacking a Single Family Home By The Room
Hi all, I have read several articles and watched a couple of videos regarding house hacking and tax deductions with an eye focused on how to properly determine what percentage should be used for tax deductions, and it...
David Nacco
Tax Deductible Home Office
Could someone who is tax savvy help me out here? I am considering building a home office, and by building a home office I mean actually building a completely separate structure from the living area behind my house. Wo...