Hello, My name is Ryan Moore and I have been an accidental real estate investor for the last 5 years. Due to a work relocation I had to rent my first home. I thought I was making a long term move and ended up buying p...
Hi guys, have a couple of questions as a first time landlord.1) Do I need to pay taxes on my rental income? How do I report it? How does the IRS know how much I am renting my property out for?2) Can you rent out your ...
Hi bp, I'm in the process of replacing our PM for our 30 Units Apartment complex. Our current PM is making the Transition very difficult by holding the money in their account. There are 2 issues I'm hoping to resolve...
Well I close in a few weeks on my first rental. It is a duplex with a current tenant and I will occupy the other side (owner occupy). I have tons of books all of which I have read cover to cover, however I would like ...
Does anyone have a sample that they would be willing to share? There are many online but I would like to see one that is geared towards a real estate investor. Thanks!
My accountant has taken the position that health insurance premiums for full-time, self-employed real estate investors are not deductible on Schedule E since real estate is not technically considered a business ...
Hey guys, so we’re starting to market and have got the ball rolling with that. We also started property management for some friends of ours and it’s starting to add up. We’ve got a flip going and our own properties as...
When flipping a house, what are some expenses that can be written off for tax purposes? This home is a few hours away; so what about things like driving miles, anything we purchase for the house, food while working on...
Hello! I recently started renting out my first property in June 2021. Coming up on tax season I would like to start setting myself up for success. Currently I have 1 rental property and 1 property I purchased (finance...
Nancy Pelosi is at it again. She wants to call congress back in session after the elections so she can give away more money that we don't have. Enough already!
http://news.yahoo.com/s/ap/20081008/ap_on_go_co/meltdo...