James Anderson
How Do Investors and Agents Build Off-Market Deal Partnerships?
6 January 2025 | 2 replies
@James Anderson, as a licensed real estate agent, it's pretty straightforward, and I assume my take will be similar to that of other agents.
Wiley Hood
Are DIY cost segregations a good idea?
12 January 2025 | 28 replies
It looks fairly simple.
Adam M.
Cost for a Tax Specialist
13 January 2025 | 7 replies
Whether you need a CPA with just three rentals depends on the complexity of your situation and your comfort level with DIY tax prep.If things are pretty straightforward, you might be fine with tax software for now.
Venka Pulla
How to deal with Bad property manager
11 January 2025 | 7 replies
@Venka Pulla It’s frustrating when a property manager isn’t meeting expectations, but transitioning to a new property manager is typically straightforward if you follow a few steps:Review the Management Agreement: Carefully read your current Property Management Agreement (PMA) to understand the termination process, including any required notice period.
Luke H.
Owner Financing Empty Lots
13 January 2025 | 17 replies
You have the means to purchase and intend to offer owner financing (you) to the buyers of your lots.That sounds pretty straight forward as long as you are able to carry the loans and deal with any defaults.I don't have a background in raw land deals, so that's all I got.Thanks for the feedback and I will keep these things in mind as I move forward.
Pamela Rivas
Can foreigners buy Real Estate in Mexico? Legal process explained!
16 January 2025 | 4 replies
These straightforward requirements make the process accessible and convenient for buyers.The initial setup costs typically range between $500 and $1,200 USD, while annual maintenance fees are generally between $500 and $700 USD.
Chris Shon
Do I need a Real Estate Tax Accountant?
10 January 2025 | 16 replies
Which is very complex and costly and likely warrants professional help.Now, if it's just you and your spouse, then your 2024 tax preparation is likely relatively straightforward:- you will create a Schedule C on your personal tax return- you will NOT report any costs of purchasing the property or its rehab, not in 2024- you will report your business overhead expenses such as marketing, driving, technology etc- you will end up with a business schedule showing zero income and some expenses - not breaking the rules but potentially raising an audit flagCan you do it yourself?
Max Bellino
Online Cost Seg studies Vs Site Visits
30 December 2024 | 5 replies
@Max Bellino For smaller properties like your 2–4 unit multifamily buildings, an online cost segregation study is a quicker and more cost-effective option, providing sufficient accuracy for straightforward properties.
Johann Jells
Need someone to keep a rowhouse frontage free of ice and snow, what's a fair price?
7 January 2025 | 2 replies
I have a city rowhouse with a 20' sidewalk and 5' wide steps with 9 treads and two 7'x7' landings. It's a 4 family, I just don't want that kind of transactional relationship with any tenants. At another property with ...
Tom Gorrell
Fair Price for CPA to do taxes
19 December 2024 | 25 replies
I love my CPA just wondering about what a fair price is for a CPA to do our taxes.