So long story short, myself and another person co-own a property 50/50. We hold the property in our individual names. We have one property and after getting a rather large CPA bill ($1600+) for the 1065 Partnership ...
Does anyone have experience managing a short term rental long distance? My family and I are considering using our primary Florida residence as a STR while we live in another state for a season. I researched our area u...
I've been considering hiring an accountant to handle the accounting for my short-term rental properties. For those of you that have hired an accountant, was it worth it? Also when looking for someone to handle my book...
Revisiting the subject of financing for vacation home/vacation rentals/STR's. 10% down is still an option without having to pay points. There are lenders doing loans outside of Fannie and Freddie. Significance ther...
Can anyone tell me what qualifies as a legal bedroom in WA state?
Hello, I am in the process of launching a company that handles the student housing for a small university within my city. There are under 100 students and they all know each other at some level. So more than likely th...
I was not sure where to post this. Is anyone investing in Opportunity Zones either directly or through a platform? If so, what strategies are people working on, and if you are using a platform, which platform is loo...
Hello fellow investors. I'm working on my first BRRRR property. I purchased a duplex in Ohio from a wholesaler for $60k and I'm putting about $23k into the rehab. We expect the property to appraise around $110k. I...
This is my first post on BP! Great forums! Here's the story, I will make a long story short... was the highest bidder on a single family foreclosure the end of July. Closing was scheduled within 30 days, didn't hap...
Hi All! Hoping someone can help me with this question. For the last couple years I have had losses on my tax returns from passive rental real estate activity. I am not considered a "real estate professional" by the IR...