4 January 2025 | 5 replies
It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.
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19 January 2025 | 42 replies
Therefore, it sounds as if this also goes hand in hand with creating a new partnership return for every LLC unless they are single member LLCs.
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2 January 2025 | 6 replies
@Michael Plaks comments in this recent post on making sure the person you hire understands real estate sounds really relevant to your situation.
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10 January 2025 | 20 replies
That sounds like a plan in my humble opinion.
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2 January 2025 | 29 replies
:This sounds like a task.
3 January 2025 | 8 replies
It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.
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8 January 2025 | 11 replies
Sounds like you have a great plan.
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4 January 2025 | 11 replies
Ok, if it's still sounding do-able, the next issue is that section 179 can't be used to create a business loss, so it would only reduce your taxes for the year if your rentals are operating as a taxable gain (but rentals are often at a tax loss thanks to depreciation).
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2 January 2025 | 30 replies
It sounds like you are pretty big and you already have your own ecosystem.
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2 January 2025 | 2 replies
Sorry you are dealing with that, it sounds awful.My guess is most attorneys are going to charge hourly on something like this unless you are suing the HOA for damages in which case they may take a contingency fee.