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Hi, i'm new to forum and searched this topic to no avail
I am completing my first kids FAFSA for college student Aid. They allow asset exclusion for farms and small businesses. They say if you have rental property...
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Hi BP Members,I currently own a multi-family and I am claiming my direct expenses using the Schedule E for repairs, depreciation, etc. However, I need to keep my expense low on the Schedule E for bank purposes; I am h...
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What method do you all use for depreciation purposes to separate the cost of your land and house for SFH?
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Aloha everyone! I hope all are doing well during these unprecedented times. I'm looking for quick tax advice on how to file my couple flips and really appreciate your time and knowledge!
General info: I purchased t...
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Hi all. I love love being an agent and Property Manager but some days I feel like it consumes me. While I am not feeling burned out, I could see that if I do not make some realistic schedules, I soon will be. So her...
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I perform real estate sales and property management services in and around Tulsa Oklahoma. Today one of my property management clients asked about selling their SFR subject to an existing lease and while responding I...
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Hey all,I need to vent this story. I feel so burned by REI right now I just can't wait for this fiasco to be over with. This is what's going on:April 2017I was living with my ex-boyfriend in Queens, NY and looking for...
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I have one condo in VA that I am managing myself locally (Month to Month lease with 60 days notice) and I also have a SF in Florida that's being managed by a property management firm (1 year lease).
I am pla...
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Hello BP Team,I'm in the process of selling my 1st flip via my LLC. I do maintain records and receipts of all of my investment activity for this flip via excel. Trying to understand the Accounting/Book Keeping work n...
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Im a newer agent and I have like 4 deals in the works 2 listings and 2 buyers but I have trouble filling my days with productive work. Any help?