I am a limited partner in several syndications in Kentucky, Texas and Georgia. I am a Michigan resident. I receive a K-1 for all 3 for my federal taxes. Will I need to file a Georgia and Kentucky state income tax retu...
I recently purchased a new property. One of my tenants wants her $300 depot back, she had this lease agreement with the previous owner 25 years ago. He is in Thailand and she has no idea how to contact him. She also h...
Hey all! After listening to the last episode about bonus depreciation, it left me thinking about my home I recently converted form primary to rental. In the episode it was said that bonus depreciation had to be taken ...
Didn't 1099 any of my contractors so I have no labors receipts now that it's tax time any suggestions
A critical element of RE investing is access to good financing; rapid lender approvals and good terms provide an investor significant advantage in winning deals and generating strong ROI.For first-time investors or th...
My husband and I have an LLC with a 50% split in ownership, taxed as a partnership. We own several rental properties, which we run through this LLC. We have separate business bank accounts and credit cards and run all...
Tenants trashed Rental before they Moved out this past July 1. What should I detail in filing Claim w/ their Renters Insurance company? They trashed the floors (carpet & LVP), damaged the washing machine & d...
How many properties does a person need to hold to justificy 750 hours? For example if you own a two family house and rent both units it would be hard to justify that you worked 750 hours to maintain this. IRS does not...
I don't understand fully how we as investors might be affected if the government gets serious about paying off debt and actually does it.
Let's assume for a second that the government comes up with a plan to pay off...
Cost segregation is the 2022 version of "bro, are you on keto?" If you're not posting about your cost seg results in 2022 - are you even lifting, err, investing?
So let this decidedly uncool boomer spoil this lit pa...