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30 October 2019 | 5 replies
@Scott Wolf thanks guys i even forgot about this question here.. im an agent now with Scope RealtyThanks again
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1 November 2018 | 9 replies
Stop issuing 1099-MISC with box 7 "non-employee compensation" instead of box 1 "rent"Stop including refundable deposits in rent incomeProvide annual reports clearly delineated by propertyLearn the difference between maintenance, repairs and improvements and report accordinglyReport insurance reimbursements separatelyProvide supporting documentation: itemized contractor's invoices, insurance adjusters' reports etc
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5 November 2018 | 5 replies
I live in an older condo association and at our annual meeting I learned that one of the owners died January of 2018.
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31 October 2018 | 6 replies
If you are really cash flowing $850 per month (including maintenance and CapEx) then you are making a 3.7% return on equity annually.
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25 October 2018 | 3 replies
If I understand the income after expenses is estimated to be $38071 annual, $3166 monthly.
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26 October 2018 | 5 replies
It basically says that anyone who has a short term rental, needs to live a few minutes away, has to pay $1000 annual permitting fee, get regular inspections, must do it in an area zoned commercial, and any short term rentals must be over 30 days.
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1 November 2018 | 7 replies
Thank you @Mark Creason Currently, we are requesting him to replace "tested annually" with "by the end of 2018" as he orinally proposed, and that we are willing to have financial convenant that requires us to have cash reserve enough for one year payment at all times to protect the bank's interest.We are hoping that he will agree.Also, the property is in CA.
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25 October 2018 | 0 replies
I know this topic has a lot of forum questions dedicated to it already, but my go-to resources direct mail list resources seem to be set-up differently then in the past.I have used Reonomy and List Source previously for direct mail leads with good enough results that I'd use them again, however Reonomy has just recently been forcing an annual contract instead of monthly which is WAY too costly for what I need, and List Source has split up the commercial properties list differently then the last time I used them and almost all of them are listed in "Commercial: miscellaneous" with every other property types, and I have tried filtering differently with no positive results.My goal is to get "true ownership information"(Names, Addresses, Phone Numbers of people who own LLCs & INCs), but for now this is a one time thing, so I don't need an annual contract, and I don't want to pay thousands for Co-Star for an entire year or something.I do have TLO, however pulling multiple owner's information is very time consuming, so I'd like to do this only for a few select properties.Long story short, I'd settle for any ownership information whether it's company data or not, but I'd like to do a one time deal and get 500-1000 leads.
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25 October 2018 | 1 reply
I now use them for my annual filings and agent of process for about $300/yr and had them create my second LLC (and paid them)
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25 October 2018 | 3 replies
The only thing I have to add to @George Skidis is that Wyoming does not have a tax, and the annual fee is usually only $50.