Josh Buchanan
Any reviews of RentRedi?
19 January 2025 | 51 replies
They get an ACH from my tenant in their account same day, but won't do the same into my account.
Brandon Morgan
is an LLC necessary?
27 January 2025 | 33 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.
John Friendas
15 vs 30 Year Mortgage for Investor
23 January 2025 | 3 replies
A home (whether primary or investment) in my eyes is considered as a savings account once you own it - a store of wealth.
Brendan M Hornung
Sub-To Tax Advice Needed
4 February 2025 | 9 replies
There are dozens of check boxes, some of them matter, and Balance Sheet and capital accounts are now required.
Andrew Katz
What year do I count income for?
15 January 2025 | 9 replies
this is where the gray area comes in with accounting.
Carl Rowles
Rehab Financing Strategy Help
19 January 2025 | 10 replies
Make sure that your tax accountant understands this.
Scott Stamps
BetterLife Tribe program - Brandon Turner - looking for reviews and feedback
20 January 2025 | 8 replies
It may be hard to find unbiased advice on account of that.To me, it seems that his/their core competency is promotion and fund raising.
Tom Rairdon
Tax considerations when selling a short term rental
12 January 2025 | 8 replies
If you did a cost segregation study on the property in the past, you may have to recapture the depreciation taken in the past.capital gain tax rates are 0, 15 or 20%There is also a potential 3.8% Net Investment Income Tax.Also, don't forget state income taxes depending on what state the property is located or your state of residency.Best of luck!
Alexander Roussakov
Financing for non-us citizens / overseas investors
31 January 2025 | 6 replies
You will also need a US bank account.
Drake Backman
Newbie trying to learn the ropes
5 February 2025 | 4 replies
You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.