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11 February 2025 | 4 replies
I assumed he would fix it, so I didn't follow up until I received a violation notice from the city for the furnace.
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13 February 2025 | 2 replies
The benefit to the seller is that they don't receive all of their capital gains in the first year, but they will pay as they receive their money.
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18 February 2025 | 35 replies
So i received a voicemail this AM from a member of their team regarding my posts here on BP.
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18 February 2025 | 7 replies
Tenants must receive; signed Certificate of Rental Suitability no more than 60 days before move-in, Partners in Good Housing Pamphlet, Lead Free/Safe Cert (if built before 1978), smoking policy for multi-unit properties, Bed Bug notice as you describe above.For Pennsylvania: It's also best practice for property owners to include a lease provision that waives the Notice to Quit requirement of the PA Landlord Tenant Act.
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6 February 2025 | 10 replies
@Nadir M. you would show 100% of whatever you collected on behalf of an owner.Of course, if tenant pays via credit card, you would NOT include the credit card fees, because you did not receive them.From the funds in your OPERATING account, you would pay any expenses on behalf of the owner, including your management fees - which you woul transfer to your PMC account.Owner will be paid from Operating account.Your vendors (office expenses, auto, etc) would be paid from your PMC account.Year end, you are require by IRS to send a 1099 with GROSS amount collected on behalf of owner.
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17 February 2025 | 17 replies
As the largest investor in each loan, we do receive the points at closings.
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17 February 2025 | 10 replies
It seems like the real support you would receive from Pad split is them helping find the occupants/tenants And them processing the rent.
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17 February 2025 | 8 replies
I just received this message from VRBO.
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17 February 2025 | 4 replies
I've received quotes for professionally installed water softeners around $3,000.
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18 February 2025 | 11 replies
Additionally, wages sent directly to a church are not considered charitable contributions—to qualify for a deduction, the employee must receive the income first, pay taxes on it, and then donate to a qualified 501(c)(3) organization while itemizing deductions.The IRS closely scrutinizes arrangements that appear to shift tax liability, and if deemed an attempt to avoid taxation, both the employer and worker could face serious legal consequences.