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7 May 2024 | 5 replies
Security deposit amountYou can find plenty of examples by searching for "tenant estoppel certificate doc" or exchanging "doc" with "pdf" for more options.Here is an example and explanation: Sample EstoppelSome have a lot of legal jargon but this document does not need to be so detailed.
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7 May 2024 | 16 replies
Bookkeepers who serve REIs have to have a good amount of U.S. tax code knowledge or at least have to know where to find the info.You're not going to get this for $4/hr.I think outsourcing other activities to other countries to take advantage of exchange rates can be effective but do yourself a favor and don't do this with your bookkeeping/accounting/tax advisory/tax filing/etc (anything financial).Just like Kristen Ambrose, we see really screwed-up bookkeeping records from these types of situations all the time.
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6 May 2024 | 11 replies
I do have one question, you mentioned getting your "first property" via a 1031 exchange.
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7 May 2024 | 14 replies
I'm located in NYC as well, and would love to connect and exchange thoughts!
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7 May 2024 | 21 replies
Some syndications offered a fixed pref in exchange for a equity bump, which basically raised you up in the stack for payment, the bank, or major lender is usually number 1 in distributions since they hold most of the equity of course.
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7 May 2024 | 56 replies
Greetings BP'ers...As part of a 1031 exchange, I have purchased a handful of short term rental properties in the last few mos.
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9 May 2024 | 65 replies
They became my mentors in exchange for good deals
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6 May 2024 | 7 replies
Or if you want to get rid of it maybe hold it for one more year so you are eligible for a 1031 exchange.
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5 May 2024 | 1 reply
It's disheartening to see the exchange of knowledge become a transaction rather than a gesture of goodwill.But why do I choose to share information for free?
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5 May 2024 | 9 replies
Albert, We are a fee only advisor that specialize in passive investment solutions for 1031 exchange clients.