Bruce D. Kowal
What REALLY Triggers IRS Attention in Real Estate Partnerships - From An Onlooker
29 January 2025 | 6 replies
As long as you file it, you have protection from the charge of fraud.Tip: if you file Form 8082 to protect yourself, send your tax return in by mail.
Tyler Sweet
Cryptocurrency and Real Estate
16 January 2025 | 6 replies
Why, because of the main stable coins, it is the only one on of the largest exchanges, Binance, will NOT do a 1:1.So, you're best bets would be those like USDC, TUSD, GUSD, BUSD.
Tannia Castro
New to Rental Property Investing
16 January 2025 | 9 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!
Ethan Gallant
Beginner looking to BRRRR in Canada
24 January 2025 | 5 replies
Hiring someone to do the work will likely cost too much (I would charge a small fortune, it's an incredible amount of work) and doing things as cheaply as possible will bite you in the *** later when you start having issues with your own shoddy work and/or materials.
Account Closed
"Additional Insured" clause in PM contract
17 January 2025 | 7 replies
Account Closed a PMC has two options to get liability insurance (tenant slip & fall) protection:1) Get added to owner's policy as Additionally Insured (NOT named insured).2) Setup a master commercial policy and add every property they manage to it and then charge those owners the cost of the policy.Otherwise, a PMC CANNOT get liability coverage on a property they have no ownership interest in.So, nothing wrong with their request.
Joshua Kaufman
Commercial Late Fee calculations
5 January 2025 | 3 replies
The first few times, I didn't charge a late fee.
Briar Blake
Property Managers Violated Contract
25 January 2025 | 13 replies
I just acquired one from a PM where they were charging a tenant a resident benefit package and a building protection plan.
Blair Ross Jr
How to separate utilities?
22 January 2025 | 10 replies
The power company supplied and installed the new meters (at no charge, at least not yet) and verified all the work around the 4 gang meter pan was done up to their standards.
Elizabeth Orth-He
How do you handle STR laundry for larger properties?
26 December 2024 | 9 replies
Honestly, upgrading to a commercial-grade stackable setup like Speed Queen or Maytag might be your best bet.