When do you need to issue a 1099 to a vendor?After contacting several tax accountants for an answer to this question, as well as an IRS agent, the answer provided was the same:You must issue a 1099 to all vendors you ...

Hi, I sold a small multifamily in California.  Before listing it, I had lots of expenses, including painting, floor refinishing, plumbing repairs, staging, cleaning, etc.In a 1031 exchange, I purchased two small multi...

I am interested to know if most seasoned rehabbers out there require a Contractor you wish to contract to provide their General Contractor's license information and federal tax ID as part of the contract? The reason ...

New commercial RE investor and need help figuring out how to add buildout costs to the price per square foot rent for the new tenant.

I can't find much discussion of this, which makes me suspect I haven't actually stumbled onto some magical tax loophole. But what discussion I can find seems to indicate it applies to some real estate activities. Hopi...

My husband is a contractor where we live here in Missouri.  We can work on our investments without many restrictions.  We are planning a move and have Pensacola FL first on our list, but the restrictions there make it...

Good Afternoon Everyone,If I have a property management company, do I have to give vendors a 1099 each time they perform work for me? What is your process for hiring out services such as Plumbing, HVAC, General Contra...

I have an opportunity to rent out a property to a corporation to house employees on a temporary basis. This is likely to be an extended term lease (multiple years) and I would like to structure it such that the corpor...

Investment Info:

Single-family residence buy & hold investment in Ocoee.

Purchase price: $175,000

Cash invested: $5,000

Purchased 3/2 SFR for $165k cash in December 2020.
Value add (15k budget):...

I’m currently in a transition period in my career where I am looking for a new opportunity that will generate higher income. I’m also in the process of doing some soul searching and creating some concrete, long term g...