Aaron S.
Co-Ownership and Taxes: Who gets to claim mortgage interest, depreciation etc?
In 2022 I bought a single family home with a VA loan. I house hacked with my partner paying half of the monthly expenses. We also had 2 roommates and we split the rental income from them every month.After a couple of ...
Mason Haley
Rent to Retirement Pros and Cons
Has anyone used rent to retirement? It seems like a very passive way to get into real estate. However, would love to hear someone's personal experience/opinion of working with them.Thanks!
Immanuel Pierre
House Hacking with Friends and Family
I recently bought my second house hack in October 2022. My roommates/tenants are my mother (recently divorced), my sister (over night nurse, who spends most days at her boyfriends), and a coworker I have known for yea...
Brandon Kingcaid
STR property management
Hello, I recently purchased a triplex next to Woodlawn Lake in San Antonio TX. The property has a separate unit with a lake view that I am planning to renovate and convert to a short or midterm rental. The unit will h...
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...
Young Moon
Tax Question on expensing mileage
Hi everyone - I am in the midst of getting my taxes done and my accountant is telling me that because I do not have a separate legal entity to assign my mileage expenses for looking at new properties that I cannot cla...
Joseph Henry
When would it make sense to upgrade home?
I have an existing home valued at around 800k with 45k left in the mortgage. We have been looking to buy a newer and bigger home for the last year but due to the tight inventory, could not find a home that has everyth...
Ryan Phillips
Wise to invest in community with HOA?
I am looking into investing into a large community with many amenities. There is a $1700 a year HOA for road maintenance, garbage, water, sewer and amenities. I am looking into purchasing it for a short term rental pr...
Brett Russell
Maintenance/CapEx allowances
I have been looking at a number of potential rental properties (single family and small multi family) and trying to do quick analysis with the 50% rule. Many of the properties are lower priced with, therefore, low...
Joshua Boyce
Pre-approval Financing
Hey everyone!Should I try getting pre-approved through a bank for a rental property? I don't have cash on hand, but I do have access to people willing to lend money for a percentage of course. I was thinking I could t...