Christian Solis
Choosing my business entity
2 February 2025 | 7 replies
Maintain detailed records to substantiate deductions for materials, labor, and expenses, which can significantly reduce taxable income.While an S-Corp provides tax savings, it also requires payroll management and compliance with formalities, making it essential to stay organized or consult a tax professional for ongoing compliance.This post does not create a CPA-Client relationship.
Devin James
New Home Buyers are Strapped for Cash
24 January 2025 | 3 replies
We've sold 65+ homes and the biggest request we get from our Buyers is help with closing costs.Most of our deals we're providing anywhere between $5K-$10K to help Buyers offset the cash requirement to purchase a home.Even in today’s "high" interest rate environment, many Buyers prioritize closing cost assistance over an interest rate buydown.
Renee Tan
How can I learn Yardi?
16 January 2025 | 9 replies
In my search, I've noticed that many positions require proficiency in Yardi.I've been actively looking for effective ways to learn Yardi, but it seems challenging to find suitable training or courses online.
Joshua Tucker
Tax breaks on tribal land
27 January 2025 | 4 replies
@Joshua Tucker Building real estate on tribal land offers unique tax benefits, but it requires careful planning and collaboration with tribal authorities.
Chan Park
Plumbing Issue - Landlord's vs. Tenant's expense
29 January 2025 | 14 replies
You should always require them to add you to their policy as "additional insured" or "additional interest" and you will be notified if they cancel or change their policy.
Andrew Self
Mortgage Lenders for LLC
18 January 2025 | 11 replies
Most DSCR lenders will require a credit score of 620 or better.
Ashley Shearer
Property Mgmt - First Right of Refusal Program for Maintenance?
17 January 2025 | 3 replies
2) Their contractor must be properly licensed and insured and we require copies of all this.
Grant Shipman
5 Reasons Co-Living is King for Real Estate Investors
29 January 2025 | 0 replies
Lower Start-Up CostsTraditional real estate investing requires 20%-25% down, making it difficult for many to scale quickly.
Marcos Carbi
Advice Needed: Long-Term Tenants Behind on Rent – How to Handle?
18 January 2025 | 8 replies
Send it by US Mail with proof of delivery required and/or place it in an envelope with their name on it and post it on their door.
Leeling Chew
Best Course of Actions To Remove a Difficult Tenant
27 January 2025 | 6 replies
For MOST counties the time period is at least 3 days notice required (for your tenant to comply).