Nick Am
Setting up a management S-corp for managing rental property owned by an LLC
18 January 2025 | 2 replies
For this I plan on charging 10% of rental income as management fees to LLC-A.Some of the benefits of this vertical integration brought by LLC-B is: (a) Ability to contribute to retirement plans (solo 401K, etc)(b) home office deduction(c) health insurance plan premium, among others.
Ogonna Odo
Paying Contractors with a Credit Card
17 January 2025 | 7 replies
I have done it with some contractors taking Paypal where you can use a credit card on that site with a fee, or QuickBooks is another one too.
Steven Rosenfeld
What do you think of syndicate sponsor Goodegg Investments?
11 January 2025 | 50 replies
A fee well spent for some types of investors.
Christopher Alley
private money
3 January 2025 | 8 replies
@Christopher Alley we use a lot of private money in the rehab business, and I have never paid any up front fees.
Briar Blake
Property Managers Violated Contract
7 January 2025 | 11 replies
PM's will keep all late fees, they hold the security deposits so they collect all the interest on security deposits.
Ryan Daulton
Benefits of self-directed IRAs
14 January 2025 | 18 replies
Tax free appreciation and rents significantly trump the loss of depreciation and custodial fees.
Adam M.
Cost for a Tax Specialist
13 January 2025 | 7 replies
I think my fees are high until I shop around and then I am thankful.
Michelle Baldwin
PMS Software to Link 2 Separate VRBO Accounts
18 January 2025 | 6 replies
We successfully set up the co-hosting on Airbnb where I receive the agreed upon 18% + the cleaning fee.
Julio Gonzalez
Is my property a good candidate for cost segregation?
17 January 2025 | 2 replies
A common misconception is that real estate properties under $1M have a smaller tax basis and therefore do not benefit from a cost segregation study due to the associated fees.
Henry Clark
LA Fires Taxes and Insurance
14 January 2025 | 1 reply
We got lucky the county picked up the waste dump pickup and dump fees.