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4 November 2024 | 8 replies
Account Closed that’s sounds awesome.
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5 November 2024 | 12 replies
@Kevin S.I recommend putting all properties/accounts into a revocable living trust for estate planning.
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11 November 2024 | 22 replies
Maybe $23k was an accounting error and they meant $2,300 lol.
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4 November 2024 | 12 replies
I suspect an accountant or expert can provide more details on my description (I am far from an expert).Good luck
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5 November 2024 | 5 replies
Other things to consider include software and accounting costs.
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4 November 2024 | 9 replies
Here's a record of the non-payments (judge: but there is nothing on this bank statement) exactly...that's my bank account for the rent, and it has not been paid.....so then the judge will turn to the tenant and ask for proof of payment.
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4 November 2024 | 8 replies
This is a tough one since you haven't even accounted for all of the expenses - maintenance, cap ex, vacancy, etc.
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2 November 2024 | 10 replies
The Airbnb account they presented as reference had low customer rating.
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2 November 2024 | 2 replies
@Raphael RamosLending to someone is interest income just like interest income in your checking or savings account - it’s typically taxed at ordinary income ratesI am not sure I understand the question if it’s deductible?
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3 November 2024 | 4 replies
HH properties (and often HH clients) are high resource utilization accounts for a PMC, so many PMCs won't take them on, or will only take them on with the understanding that the property will be converted to a single-lease property (we do still use this approach.)