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19 February 2025 | 8 replies
My business partner owns a roofing company but has weak credit and more limited cash flow.An LLC is a common choice for partnerships since it protects personal assets and simplifies tax management.
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22 February 2025 | 0 replies
Saw an ad on Craig's List, I negotiated the deal personally on the first meeting.
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23 February 2025 | 4 replies
@Peter Dukaj personally think the government should make it more expensive to build than renovate.
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26 January 2025 | 13 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
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14 February 2025 | 4 replies
I wouldn't spend 2k on it or anything.Yeah I have one particular house where everyone who books it constantly says how pleasantly surprised they are at how nice it is and that it looks so much nicer in person than the photos.
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14 February 2025 | 5 replies
Used our personal realtor How did you finance this deal?
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25 February 2025 | 22 replies
It's led to incredibly high occupancy rate in the off-season, but I'd rather have a slightly lower occupancy rate in order to reduce wear and tear and leave some weekends open for personal use.I'm at a loss on what to do about this.
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24 February 2025 | 5 replies
would like to get personal message if somone have a recomndation on a PM in cuyahoga county, nime is making some problmes
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20 February 2025 | 8 replies
Intangible assets like goodwill or tangible personal property (e.g., equipment) are excluded from 1031 treatment and are taxed separately—goodwill is typically taxed as a capital gain, while equipment may be subject to depreciation recapture taxed as ordinary income.To minimize taxes on the sale of the business, consider strategies such as Opportunity Zone investments, which defer gains until 2026 if proceeds are reinvested in a Qualified Opportunity Fund (QOF), or structuring the sale as an installment agreement to spread taxable income over multiple years.
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16 February 2025 | 18 replies
Do you think it would be a good idea to start performing discount surgeries for people?"