Danny N.
Need Feedback on Single Family Home Rental Performance in Bay Area
Hi everyone
I have an investment property in the Bay area (South San Francisco specifically) which I'm currently renting out to long-term tenants. It is a 3 bed/1 bath single family home and has a sizable backyard.
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Nick Acquilano
Finding financing problem
Like to reach out and get some opinions. I have two multi family cash flowing rentals in Syracuse NY. I have always had trouble getting financed due to my job. I bartend and don’t show much income. I do however make g...
Brian Scott
CPA help: Report Rental Loss on 1040
2021 is my first year as a landlord and to save money I'm doing taxes myself for the first couple of years. To avoid doing anything wrong I wanted to double check a few things. Can any CPA's answer the below? I've sco...
Jacob Wiltshire
S Corp Salaries? Do you have to?
Hello, I recently purchased a mixed use property for $390K. Gross income of about $76,800 right now.Income: $76,800Taxes: $9,344.68 (from which one tenant pays back $2251)Insurance: $5,108.00 (from which one tenant pa...
Brooke Sprowl
Creative Financing Options
Hi Guys!I bought my first condo 2 years ago and it has appreciated quite a lot since. I am just getting my feet wet in terms of understanding investment property and I'm here to learn more but am rapidly beginning to ...
Andrew S.
PMs and CPAs - do you report gross or net rents on 1099misc?
There was a thread on the board by @Nancy Neville on the general topic of 1099misc. Apparently it got zapped somehow by the moderators as I can't now find it anymore. I do have a side-question related to that topic ...
Katie Bustos
House hacking taxes?
We are buying our primary residence and it will have a 1 bedroom garage apartment in the back. We will start by renting this out to my father in law. Is this considered a rental property? Is there anything we need to ...
Ernie Espinoza
Renting my Owner occupied home while i live in the In-Law
I just purchased my first single family 3 bedroom house that came with a non-permitted detached in-law unit in the back, typical for Oakland Ca. I am planning on living in the in-law unit since I got an owner occupie...
Erik Sherburne
Paying myself as a property manager
I have been managing my own properties, can I pay myself as a property manager? Set up a different business? Pay my wife?
Tim Marion
Real Estate Investment question
Hi,
In the last year here in AZ my in-laws have bought 3 SFR for cash. They are retired and do not have any expenses other than health insurance, food, fuel, etc... They are in the hunt for another property. Quest...