As many of you know the G passed a bill last year that put thousands of dollars to towards auditing an income level that many of us investors are in. I've always had audit-proof books. I even passed an audit 100% i...
My residence is in Indiana and I work and have a rental property in Chicago. However, I spent most of my 2019 working out of state in Kentucky and Texas. While working there, I traveled home on the weekend for the sol...
Hey all! I live in Ohio and own a condo in Destin, Fl that we use as a STR. We are going to visit next week and stay in the property. We have been renting it out since September. There are a few things that I will doi...
Sorry if I post this in the wrong section or if it's been posted about before (I couldn't find much on the topic), but I am wondering how others with rental property keep track of travel expenses related to managing a...
Im reaching out to all the real estate tax attorneys lawyers CPA etc.
I want to start by saying that I have contacted both tax attorneys and CPAs in my local area and have not made much progress after those meetings,...
I am a part-time agent, full time employee not related to RE, and started drive around to check the houses, join the REIA, meet ups. Today's one house checking is 47 miles away with toll payments also. Can I record t...
My last tenant trashed the house and left me with $3000 in damages (after deducting $1000 deposit, I am on hook for $2000). I am running out of ideas to recover this $2000 from hera) Retaining a lawyer starts from $35...
I have a tenant that submitted his 30 day notice to end his lease which put his termination date at March 31. His employer (US Gov) started enforcing a mandatory telework policy and travel restriction. The travel rest...
Hi, I want to understand how is the market for travel nurses/ furnished homes.I am planning to buy a SFR with no hoa in East valley area of Phoenix and give it out to travel nurses.How is the market? vacancy rates for...
So I have Travelers insurance and my rental loss was denied as insurance was under my name while the lease was under LLC. Well my insurance does mention additional interest as LLC. Travelers is just denying claims rig...