16 October 2024 | 11 replies
If it looks to be a solid deal then use your knowledge of which expenses should exist and if utilities are in question you can always call the provider.

15 October 2024 | 8 replies
Most of my utility consumption is gas.

16 October 2024 | 14 replies
Since you mentioned investing out of state, I'm assuming you're asking about getting a partner online, or at least not a friend/acquaintance.

17 October 2024 | 7 replies
People will hear podcasts online about how a 25 year old investor bought 65 billion properties in one week and think that they have to do the same thing.

16 October 2024 | 11 replies
Do you believe online accounting services like 1800 Accountant are good for the owner of a Real Estate LLC?

15 October 2024 | 4 replies
I use Quickbooks online for the formal accounting so it's easy for my tax guy to get in there and do his piece every year, since I have an LLC per building.

15 October 2024 | 8 replies
ONLINE PRIVATE LISTINGSIf homeowners are looking to sell without a real estate agent, they’re likely on social media.

15 October 2024 | 2 replies
The way to handle it is to allocate expenses based on the percentage of the home’s square footage used for rental purposes.Here’s how it works:Calculate Rental Percentage: Add up the square footage of both the in-law suite and the rented room, then divide by the total square footage of the house.Apply This Percentage: Use this rental percentage to deduct a proportionate share of expenses like repairs, utilities, and mortgage interest.This post does not create a CPA-Client relationship.

16 October 2024 | 5 replies
Can you bill back utilities to the residents?

24 October 2024 | 139 replies
A professional contractor is not going to work with you buying parts that don't fit online or at Home Depot.Who pays for delays?