Janine Sharma
1099 or W2 for onsite MHP property manager?
12 January 2025 | 7 replies
Does anyone know if this individual needs to be a W2 or can I hire on a 1099?
Cameron Marmon
Did I mess up when establishing this LLC for my wife and I?
31 January 2025 | 12 replies
I was thinking Form 8832 is the one, but I am confused when I get to question #3 since this entity is technically owned by more than one individual.
Ed Long
How Do You Decide If a Borrower Is a Good Fit?
23 January 2025 | 9 replies
For instance, in my private lending, I dont really give a numerical credit score much weight, but I absolutely look at the composition and history of the individual tradelines on a report if the borrower is a smaller outfit, such as a single member LLC or similar solopreneur-type operator.
Emeka Okeke
Ready to get to it
23 January 2025 | 7 replies
Though I would caution you on hard money lending until you understand the industry a bit better, that can be very rewarding but you have to be able to do your due diligence on deals because you're turning over your hard-earned money to an individuals project, often a flip.
Chris Magistrado
Digging Into the Justice Department’s Lawsuit Against Major Landlords
12 January 2025 | 8 replies
When an individual landlord prices their rental, they do based on what the other ones in the neighborhood have rented for.
Daniel Medellin
Buying 1 acre and dividing it into multiple lots for long term rentals
4 January 2025 | 4 replies
I’m waiting to hear back from a city representative to see if it’s possible to divide the lot into multiple lots and put a mobile home on each lot.Once the land is paid off and divided, is it possible to use each lot as collateral for its individual mobile home?
Josh Buchanan
Any reviews of RentRedi?
19 January 2025 | 51 replies
The tenants enjoy using the interface, it is simple to communicate with them as a whole or individually, collect rent payments and see when they are in transit, offer CC payment options at tenants expense, track maintenance request, share documents, and lease the property.Short comings are their financial portion.
Account Closed
L.A. Wildfires and Their Tax Implications for Affected Residents
9 January 2025 | 0 replies
Understanding the IRS disaster relief provisions is crucial for residents seeking financial recovery.Under IRS guidelines, individuals and businesses in areas designated as federally declared disaster zones by FEMA may qualify for special tax relief.
Anca R.
Is a 1031 Exchange allowed in this case, and if so, is it worth the hassle?
22 January 2025 | 22 replies
So the question becomes based on their individual and personal tax situation what is the estimated tax burden they'd save?
Jonathan B.
STR Depreciation/Bonus Depreciation Question
24 January 2025 | 11 replies
Cost segregation and advancing depreciation has its pros and cons depending on what the individual investor's goal is.