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24 October 2024 | 12 replies
What MAY make sense is to setup a Master LLC that operates like a PMC and collects all your rents, pays all your property-related expenses, etc.
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23 October 2024 | 7 replies
What MAY make sense is to setup a Master LLC that operates like a PMC and collects all your rents, pays all your property-related expenses, etc.The owner of each property (you, LLC, trust, IRA, ect.) would have to execute a management contract with the Master LLC, so the Master LLC could legally act on behalf of the property owner(s).Check with Account Closed read our
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24 October 2024 | 1 reply
Purchase price: $40,000 Cash invested: $16,000 Conveniently out of the flood plains, this welcoming 3-bedroom home is features a huge master bedroom, refinished hardwood floors, spacious living and dining rooms, and a stunning kitchen!
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23 October 2024 | 6 replies
I've been seeing a few properties in my buy box being sold with master lease to corporate tenants and the numbers seem to be too good to be true!
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23 October 2024 | 6 replies
@Shaun Hunt believe what you really want to do is start a "Master LLC" that can function as a PMC.You would then sign management agreements between Master/PMC & property LLC's and have all income & expenses run through Master/PMC LLC, and only have to "settle up" annually with the property LLC(s).Check with a qualified tax professional.
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24 October 2024 | 7 replies
A lot of our bookkeeping Clients currently have a PM software to manage their properties and we use QBO to act as their master accounting software to merge all property-specific transactions with general business transactions.If all of this could be in 1 central software, that would be great.
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24 October 2024 | 14 replies
I would probably reach out to the TV show Treehouse Masters.
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23 October 2024 | 0 replies
If it fails to load within that 1-3 second window You don’t need a master’s degree or a Google certification to understand that this page is bleeding money for its owner.We’ve discussed how 1-3 seconds is the ideal load time, but what happens when it exceeds 3 seconds?
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24 October 2024 | 18 replies
., some of our Clients use Buildium as a PM software but we still use QBO as the master accounting software to merge all property-specific transactions with general business transactions to get an overall financial picture for their business(es).
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22 October 2024 | 2 replies
Currently, I live in Hawaii, house hacking my own property, and am looking to expand into out-of-state long-term rentals.My goals now are to master the art of wholesaling, continue raising private money, and build a strong portfolio of long-term rentals.