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27 November 2024 | 10 replies
100% agree.. especially with syndication once your money is in their account you have zero control.. your not on the checking account your relying on either sponsor prepped financial although some are audited which is better of course..
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26 November 2024 | 3 replies
This is from my accountant.
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29 November 2024 | 6 replies
DSCR Loans don't take DTI into account and are aimed at looking primarily at the property so if it cash flows, don't have to worry about personal income!
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26 November 2024 | 13 replies
Here are a few options: max out 401k contributions for you and your spouse, max out HSA contributions, make charitable donations, harvest tax losses, etc.I recommend finding a tax strategist who specializes in real estate taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
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24 November 2024 | 2 replies
Their accounts are always free for landlords.
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26 November 2024 | 7 replies
Unfortunately, you need to account for this as you are living in the biggest unit.
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25 November 2024 | 22 replies
The accounting system allows you to keep track of costs like mortgage payments and amortization with insurance and taxes as well as part of the asset management.
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26 November 2024 | 11 replies
Right now interest is in the 6 figure.I spend a great deal of time on it with the contracts and accounting .
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5 December 2024 | 34 replies
I have never had a Facebook account, but I recently learned about the value of targeted Facebook ads, so I've been considering joining.
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3 December 2024 | 40 replies
Account Closed is extremely knowledgeable in the Rochester market and can provide more insight!