Jonathan Greene
Why You Should Stop Talking About Quitting Your Job Before You Have Your 1st Property
26 November 2024 | 46 replies
They don't build a proper reserve, failing to account for turnover costs, vacancies, capex, etc.
Tzvi Keisar
Recommendation for tax strategist pro
19 November 2024 | 5 replies
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.
Saad D.
What parts of your processes and tasks are automated?
20 November 2024 | 18 replies
It offers features like Automated rent collection (Tenants can set up auto-pay) and you can receive payments directly into your account without any manual tracking.
Jessica Howell
Funding LLC's, deposits and draws
19 November 2024 | 12 replies
Always keep personal and business accounts separate, document all transactions, and consult a CPA or attorney to ensure compliance and maintain liability protection.This post does not create a CPA-Client relationship.
Julio Gonzalez
11 ways to lower taxes when selling your property
17 November 2024 | 1 reply
Purchase Another Investment Property and Utilize a Cost Segregation Study:When you reinvest in a new investment property, you can perform a cost segregation study to accelerate depreciation.
Benjamin Latusek
Adding Investment to Profile: 13 units in Des Moines
21 November 2024 | 1 reply
Always account for the costs of upcoming capital expenditure items in your purchase price.
SK Yuthas
Note Investing Finding Buyers and sellers using BP?
20 November 2024 | 6 replies
They also memorialized my account when I protested them not memorializing my mother's or my uncle's who have both passed away.
Jeremy Hartwig
Need help with property value
15 November 2024 | 13 replies
At $600k, you'd be at a 8.36% CAP RATE this wouldn't be taking into account any other income from the property..
Sharad Bagri
Real estate partnership, need to register in multiple states
20 November 2024 | 4 replies
It's important to consult an attorney and an accountant eventually, but your first step should be to discuss your plans with your lender.
Sandra Ho
Better to have no tenant or a tenant with history of multiple late payments
18 November 2024 | 11 replies
I recommend you really study your market to determine the appropriate rent rate, then market yours 5-10% below the competition for a six-month lease.