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Results (10,000+)
Emily Mohr Best all-in-one property management and accounting software
31 October 2024 | 7 replies
Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.
David Cheng What do you qualify as a proof of funds?
4 November 2024 | 34 replies
There’s also the added pressure of not wanting to lose out on a property, which makes it harder to justify putting up serious money before going under contract.On the other hand, if such a system were standard, it might push sellers to be more transparent from the start, so buyers know exactly what they’re walking into.
Melanie Baldridge Understanding the IRS Section 179 Election
1 November 2024 | 0 replies
Examples of qualified improvement property include improvements made to the interior of nonresidential real property, such as HVAC systems or alarm and security systems.We refrain from making direct recommendations on Section 179 because we believe this decision is best made by the CPA, who completely understands the client’s overall tax situation.The decision to elect Section 179 is deeply tied to broader tax implications, including other deductions, income limitations, and future business planning.Your CPA has a holistic view of your finances and can help you make the right choice.TLDR:* Section 179 is a powerful tool for business owners and real estate investors, allowing immediate expensing of qualifying assets in the year they are placed in service.* Annual limits apply to how much can be expensed, with the 2024 cap set at $1,220,000, and investment limits that start to phase out when more than $3,050,000 of property is placed in service.* Not all property qualifies for Section 179.
Anoop Kartha Multi-unit Investments in Worcester, MA
30 October 2024 | 4 replies

Need some feedback and /or contacts who can help me with investments in / around Worcester Polytechnic (WPI) ... 

Glenn N. Lend to a LLC on a commercial mortgage
2 November 2024 | 2 replies
For a multi member LLC regarded as a partnership, it’s also a pass thru entity.  
Brian Dolbeare New member - getting back to investing
31 October 2024 | 12 replies
Just last week, I closed on my first multi-family property, and I’m scheduled to close on my second next week.
Mark Kelley How to warn future landlords / LPs about a tenant / GP
1 November 2024 | 18 replies
It was easy to file a small claims suit against the person using the online tools available from the court system.
Julio Gonzalez The Short- Term Rental Loophole Explained
31 October 2024 | 11 replies
There are loopholes in tax laws but the entire system isn't a loophole.Again, here is the definition - Loophole- A way of avoiding or escaping a cost or legal burden that would otherwise apply by means of an omission or ambiguity in the wording of a contract or law.
Marc Shin Streaming Live TV services for STR
1 November 2024 | 6 replies
If you have a large (i.e. a lot of multi-generational family members) and/or luxury unit I think you should definitely do it!
George Bell How to structure LLCs for rental portfolio
5 November 2024 | 28 replies
I don't have any LLCs and I have 4 properties (3 SFH, 1 Multi-family).