I was given information on a product called Low-E Therma barrier that can be applied to the sheathing and then I’m considering the shingles by GAF or Malarkey with “cooling” granules?

Schedule C vs E.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $42,000

Cash invested: $42,000

In November 2019, we purchased a distressed 2 bed / 1 bath home in Indianapolis for ...

@James E. 

One of the guys from Triple Dip Flip, the A&E show, in a recent video says they lost over $500,000 with the properties the were working with. 

Section 1.469-1T(e)(3)(ii)(A)" -- yes, the actual tax code -- just isn't as sexy or well-known as the "STR loophole."

For a CPA who specializes in short-term rentals (STRs) and does more than just file your taxes, meaning they help you with strategy, planning, tax filing, and tracking your participation, a yearly fee of $3,500–$5,000 is typical and fair, especially for one property.That price should include:- Helping you qualify for the STR loophole, so you can deduct losses against your W-2 income- Tracking material participation hours (like the 100-hour or 500-hour rules)- Advising on bonus depreciation and cost segregation to maximize deductions- Choosing the right tax classification (Schedule E vs.

Document Management & E-SignaturesYou can upload your own lease or use one of TurboTenant’s state-specific templates.

And to make matters worse, the EA did not provide documentation for Schedule E expenses, despite the fact they they were available.  

It brings online rent payments, e‑sign leases, document storage, accounting, maintenance tracking, and reporting into one cohesive platform.I’m here not to advertise, but to learn from this community and share real‑world experiences.