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9 October 2024 | 312 replies
Syndications seem to me to be low control, low liquidity...Obviously others have different goals and priorities and so syndications will be a better fit for them.
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5 October 2024 | 15 replies
Quote from @Andrew Steffens: At 65 doors it is quality control and managing guest expectations.Yesterday someone threw a fit we do not provide snacks as they checked in at 4am and were hungry...
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5 October 2024 | 15 replies
However if the host elects to pay the entire fee then that would make the host fee 15%, which would need to be subtracted instead of 3%.On that screen there is a button to export the report via Excel.
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7 October 2024 | 7 replies
Let’s break it down to see if this property is a good fit for your goals.A Few Key Points:Purchase Price and Rental Income:Your purchase price is $325,000, and your rental income estimate is $5,250 per month.
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5 October 2024 | 1 reply
Real estate is an excellent way to leverage deductions and reduce taxable income.
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7 October 2024 | 9 replies
@Samuel M.I have an excel spreadsheet that you can plug in principal payments and see how much interest you can save.
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5 October 2024 | 14 replies
As others have mentioned you start on Form 4562, but in my opinion you should have a simple google sheet or excel to track all of this for your properties.
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7 October 2024 | 24 replies
And after moving from excel, I also used rentredi, quickbook, avail, zillow rental manager, and a few others i cant remember.
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5 October 2024 | 17 replies
So this is a tricky thing.Accountant's / CPA / Professionals who get paid based on their knowledge and time normally do provide a 'free consulting' call to have a chat with them.However, please be mindful that the 'free consulting' most firms offer is very high level and moreso to see if you both would be a good fit for eachother.Sometimes, these calls are done by the owner(if its a smaller firm) or business development professionals if the firm is larger.1800-Accountants is a large firm so you are likely first vetted by a non accountant whose main job is to get the sale.Best of luck.
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6 October 2024 | 12 replies
It's not a one size fits all situation.