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Results (10,000+)
William HooFatt Evicting Tenant in Alexandria VA - Should I get an attorney?
5 November 2024 | 22 replies
You can learn a lot about the court systems very quickly!
James Brand Accountant/CPA who is Stessa savvy?!?
31 October 2024 | 10 replies
a platform advertised for on the BP podcast...I have recently adopted it and am aggressively working through prior years' data to get the most out of the system.
Emily Mohr Best all-in-one property management and accounting software
31 October 2024 | 7 replies
Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.
David Cheng What do you qualify as a proof of funds?
4 November 2024 | 34 replies
There’s also the added pressure of not wanting to lose out on a property, which makes it harder to justify putting up serious money before going under contract.On the other hand, if such a system were standard, it might push sellers to be more transparent from the start, so buyers know exactly what they’re walking into.
Melanie Baldridge Understanding the IRS Section 179 Election
1 November 2024 | 0 replies
Examples of qualified improvement property include improvements made to the interior of nonresidential real property, such as HVAC systems or alarm and security systems.We refrain from making direct recommendations on Section 179 because we believe this decision is best made by the CPA, who completely understands the client’s overall tax situation.The decision to elect Section 179 is deeply tied to broader tax implications, including other deductions, income limitations, and future business planning.Your CPA has a holistic view of your finances and can help you make the right choice.TLDR:* Section 179 is a powerful tool for business owners and real estate investors, allowing immediate expensing of qualifying assets in the year they are placed in service.* Annual limits apply to how much can be expensed, with the 2024 cap set at $1,220,000, and investment limits that start to phase out when more than $3,050,000 of property is placed in service.* Not all property qualifies for Section 179.
Mike Lawrence Multifamily Coaching Programs - Are they worth the investment?
4 November 2024 | 26 replies
If you're hoping to be a co-GP and learn to both operate and raise capital then I think investing money in a good education system is probably money well spent.  
Julio Gonzalez The Short- Term Rental Loophole Explained
31 October 2024 | 11 replies
There are loopholes in tax laws but the entire system isn't a loophole.Again, here is the definition - Loophole- A way of avoiding or escaping a cost or legal burden that would otherwise apply by means of an omission or ambiguity in the wording of a contract or law.
Mark Kelley How to warn future landlords / LPs about a tenant / GP
1 November 2024 | 18 replies
It was easy to file a small claims suit against the person using the online tools available from the court system.
Joseph Henry To rent or to sell
31 October 2024 | 8 replies
It would take you approximately 11 years (not factoring in rent appreciation) plus that doesn't factor all the systems you mentioned that need replacement.
Laurieann Frazier-Duarte Landlord responsibilities with rentals
1 November 2024 | 22 replies
I'm probably an  anomaly here, but here's my general system: Tenants pay all utilities.