Drew Eldridge
My 12 year old bought his first house
My 12 year old son closed on his first rental property last month - and now he wants to buy another. I think every parent wants to teach their kids about finance, and my wife and I like others, have struggled with how...
Tylyn Corona
Room Renting in my personal home
I am considering renting out one of my rooms in my house. Do you have to claim this as income? If so, how do I go about that? If not, can I just save the money to buy future investments? I am curious on some pros and ...
Kandice Reed
Getting approved for Financing when showing a loss on rentals.
For the last several years we have been trying to buy real estate deals leveraging with mortgages. We are trying to save the most money on taxes and it looks like we may be claiming a loss this year on our rental pro...
Brian Poirrier
Just Listed Triplex in Heart of Historic Melrose Heights!
Investment Info:
Small multi-family (2-4 units) other investment in Columbia.
Purchase price: $309,000
Exclusive listing opportunity for a large triplex, low price per SF, strong market rental rates, may...
Lynshy Henry
Property Manager
is it worth to use a property manager while working a full time job?The money you pay the property manager can you claim that when you file your taxes?
Jesse Goswick
looking for recommendations for an Accountant
Good morning everyone! Does anyone in the Cape Coral/Fort Myers FL area have an accountant who works with investors that they can recommend? I'm fairly new to the area and looking for some advice as far as where I can...
Lorie Alexandria
Funding Reno's with an LOC
Can I pay for the renovations (using the BRRRR method) using my line of credit or is this something I should save for or finance with the mortgage? THX
Nicholas Farrand
Tax Write-Off: My Hours Spent?
Can I write-off my time at $x/hour?
I found my own tenants, instead of a property management company, and I've been taking care of most maintenance. It seems like my time should cost something too. Is that an option?
Sam Rust
Denver CPA Reference?
I'm looking for a CPA here in the Denver area that is familiar with depreciation, cost segregation, etc. I am planning on doing my own bookkeeping, but would like to connect with someone now to establish a relationshi...
Joanna Lenn
Tax man says "Become an S Corp" - thoughts?
Hey there! I own a triplex and I also work a full time job as a W2 employee. Due to the new tax law, my tax man says I should become an S Corp asap. This is based on my typical deductions every year - regardless of m...