Joe Tran
House Hacking Tax Tips & Reporting Income
I've been house hacking for over six years-- it's been a great source of side income for me and I've hit a wall when it comes to increasing my loan pool due to my debt to income. My loan officer says I need to report...
Brandon Heimsoth
How do I report year end expenses?
I'm new to the whole management thing. As for year end expenses, which year do I report them for? For instance, if I pay for maintenance by credit card in 2020 but don't pay the credit card until 2021, do I report t...
J B.
New Reporting Rule 1099-k for 2022
Today I received a message from Apartments.com requesting tax id information. Stated that starting in 2022 amounts more than $600.00 will be reported with 1099-k and failure to provide the tax id will suspend any futu...
Nicholas Glatter
Taxes & Rental Income what to report?
Hey everyone.I’ve been reporting my rental income for the past year now so no issue there.But, my mortgage is 2700 and the rent charged to the tenant is 3250. Do I report the entire amount $3250 as income or just the ...
Giovanni Martinez
Noob Question: Reporting rental income from Zelle
Context: I am currently house hacking a duplex, renting out the second unit for 1k /month while living in the other.How would I report rental income that I receive through Zelle?I will hire a notary to help with doing...
Jeff Garzik
Download PDF for calc reports not working?
Is anybody else seeing this problem?Creating a Rental Property report succeeds. Choosing the final "Download PDF" causes an error 500.
Charles W Appich IV
Tenant Reporting to City Because of Heat
Hey guys. So I've been house hacking a 100yo quad in Richmond, VA since last February. I have one unit that's given me more trouble than the others. Not sure if its the tenant or just bad luck with the systems in the ...
Mike D.
Techniques to report Capital Improvements as Repairs
I will be closing on a 4 plex apartment building this month. Each unit in the building needs new windows and could use some updates to the kitchen and needs new carpet. IRS rules require that repairs, when done as par...
Mike Griffin
Share my Credit Report for Seller Financing?
Hello-I'm in initial talks with a seller about seller financing. Their agent has asked for my credit report, not because they've requested it, but she thinks it'll be good for the sale. I agree showing my excellent cr...
Account Closed
Introducing Myself as New Landlord / Conditions Report
First, the question then a little background.
-Do you sit down with existing tenants after acquiring a property or just send them a letter introducing yourself? If you send a letter how do you perform a mutua...