i am working on my taxes And this is the first year I will get to claim rental expenses. So I am just wondering what items you all are able to claim
Hi everyone, I have a rental property under a single member LLC, so I filled schedule E this year. Hoping to get more clarification/ideas how this travel expense might be deductible:Meeting with a CPA in another state...
I am new to real estate so please fill me in as much as possible..
First off can I write off meals if I am talking about Real Estate? Pf so is it only my meal or if there are two of us can I write of both of them?
W...
Hello,
I’m currently in the drafting phase of building an ADU on my property in Normal Heights, San Diego (A/B neighborhood). The first drawing has it at 374 sqft with the option of making it as big as 450 sqft. Th...
Hello BP community, I am looking for advice confirming what I think I know about tax advantages with rental income and help filling the gaps on some of the tax advantages/strategies that I may be missing.
To begin, I...
This is a partial FAQ for a very complex topic that has a lot of possible twists and complications. Maybe it will trigger a discussion leading to a more complete FAQ.Here is a scenario. Harry goes on a weeklong trip f...
Hello everyone, I know that there is a rental application to be filled by each person 18+ and a fee to go with that as well as a background check that must be done. How or where do I get the application for the potent...
My favorite tacos are ones that I eat with my family! My wife and I own a few Longterm rentals, a few Airbnb glamping sites, a property management company and we enjoy feeding our cows and being outdoors.
MERRY CHRISTMAS!!
Christmas is a time for family, love, and creating memories that last a lifetime. Whether it's gathering around the tree, sharing laughter over a meal, or watching the magic in your loved ones’ eyes...
I am interested in finding out more about Senior Citizens group homes. Not assisting living or nursing home but homes for elderly who just can't keep up with their property and want an apartment and maybe someone ther...