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13 January 2025 | 7 replies
Whether you need a CPA with just three rentals depends on the complexity of your situation and your comfort level with DIY tax prep.If things are pretty straightforward, you might be fine with tax software for now.
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29 January 2025 | 32 replies
Depends on how much you are raising, but have you been able to consistently earn money in waht it is you are trying to do?
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17 January 2025 | 3 replies
So depending on if you are using it personally and want to have it pay for itself or you just want cash flow will help determine where you should look and what type/size home you want to consider.Please reach out anytime and let me know if I can be of help.
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30 January 2025 | 24 replies
Some good advice above- it really depends on their "need" for the cash.They could always turn it in to an investment property and eventually do a 1031, leaving a legacy for their kids some day.
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16 January 2025 | 4 replies
It depends on the property because each has its own risks.
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22 January 2025 | 10 replies
Depending on your income level, you may be able to take some losses on your return.
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3 January 2025 | 11 replies
In some areas, I find that the information is exaggerated (applicant lied) to make their application look betterHere's how I use them: A lot of times, the applicant will self report information that disqualifies them.
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20 January 2025 | 15 replies
Just depends upon the situation I guess!
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3 January 2025 | 6 replies
I have a rolodex of connections if you would like.Also you can use a combination of the websites belowrentometer.comzillow.com (look for the ones with a lot of applications
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19 January 2025 | 46 replies
The cost of setting up an LLC can be about $500-$800, just depends on the state and what benefits you want for your business.