George Bell
How to structure LLCs for rental portfolio
5 November 2024 | 28 replies
And they said when they went court , absolutely everything they owned was public and on the table .
Errol Graham
Accounting and Management tools for Landlords
3 November 2024 | 15 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
Kim Hardman
North Texas - Ready to Get Started!!
1 November 2024 | 11 replies
We have a GroupMe in DFW that we exchange ideas and it is an easy way to get direct support from other investors in the area.How to choose the write strategy, you have to educate yourself and create a good team around you that you can trust.Feel free to DM me for access to the groupme.
Philip Weaver
Real Estate Professional Status (REPS)
30 October 2024 | 1 reply
The IRS requires the hours to be specifically in real estate trades or businesses, which typically means activities directly related to owning, developing, operating, or managing real estate properties.IRS Publication 925 outlines what counts as real estate trade or business activities, like development, construction, acquisition, management, leasing, and rental operations.
Emily Mohr
Best all-in-one property management and accounting software
31 October 2024 | 7 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
Beruk Lessanework
New Member Intro
1 November 2024 | 8 replies
Beruk,Congrats on your new journey in real estate, I suggest that you get a mentor that will get you going in the right direction and always invest into education rather it's book, seminars, courses, mentorships etc.
Rene Hosman
I can easily and consistently track my rental property cash flow each month.
5 November 2024 | 29 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
Melanie Baldridge
What is “conservation easement”?
29 October 2024 | 2 replies
There is a unique tax deduction in the US called a “conservation easement.”It was designed by the IRS to encourage real estate owners to make pristine land, that could be enjoyed by the public, a conservation ground, and thus un-developable.In return, the landowner could treat the act of granting a “conservation easement” as tax-deductible.
Dillan Gomez
Advice needed on results of my property inspection
1 November 2024 | 5 replies
So, you can get a mini-education as well. 2.
Amy Falson
Illinois Newbie Introduction
31 October 2024 | 11 replies
My main focus these next 6 months is to educate myself and continue to add to my savings for down payment and reserves.