Account Closed
PM needs ss#
22 January 2025 | 14 replies
If you hire someone typically they are the ones providing this information, but if someone is paying you, then yes they need this information for tax purposes.BTW - I would say your SS# has been hacked so many times and is on the black market already this is why we monitor ours through other parties or just lock it down at experian and other agencies if you are concerned about it.
Kobe Carr
DFW Area. Looking for mentor!
19 January 2025 | 8 replies
I do have two really good mentors / coaches I work with that would be able to provide more input but they do charge for their time.
Jake Bute
How to track time in business to accommodate 500+ hours?
9 January 2025 | 7 replies
I will not comment as to the tax laws and underlying rules - that is a discussion you can have with your tax advisor who presumably you are paying to help you.What I will do is provide practical and business guidance on tracking time.Firstly, there are apps available that can assist with time tracking where you can specifically detail your time, who you met with, etc.
Scott K.
STR insurance - Proper alternatives?
8 January 2025 | 13 replies
Many times, hosts think the company or broker provided a STR policy just to find out when a claim is made there was a little sentence in the fine print that stated any STR activities canceled the policy out.
Rafael Ro
Safe and stable investment: Do I buy rental properties or keep money in a HYSA?
11 January 2025 | 67 replies
The more affordable price points, combined with a steady rental market, provide some peace of mind.
Janine Sharma
1099 or W2 for onsite MHP property manager?
12 January 2025 | 7 replies
If you control how they perform tasks, set their hours, or provide tools, they should likely be a W-2 employee, requiring you to withhold taxes and comply with payroll regulations.
Hunter Burnett
Just Starting and Willing to Help to Learn
18 January 2025 | 2 replies
I would particularly love to help someone within the Atlanta area with a fixer-upper by providing some physical labor.
Vanja Dimitrijevic
Cash out refinance primary residence to buy another
8 January 2025 | 8 replies
Buying through an agent may provide more transparency, while sheriff sales and auctions can offer deals but often come with risks, like limited property inspection or legal complications.
Account Closed
Property managers allowed unsupervised showings, resulting in theft
17 January 2025 | 5 replies
After years of self-managing our single-family rentals, we decided to hire a property manager to provide full service management.
Nate McCarthy
Investing in Sacramento - Lots of questions!
20 January 2025 | 4 replies
We're willing to live almost anywhere in the greater Sacramento area based on what we can afford, provided of course that the property is in a decent neighborhood that has a good chance of attracting responsible tenants.As for budget, I believe we could get a conventional loan for properties up to $600k, but my strong preference is to find a distressed property (or seller!)