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18 February 2025 | 148 replies
What is the selection criteria for investors to which you will pitch these investments?
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15 February 2025 | 77 replies
That’s the whole point and you seem to be an excellent candidate for this system.
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21 January 2025 | 10 replies
Educating yourself about common property maintenance processes doesn’t mean you have to become an expert, but even a basic understanding of repairs like plumbing or lead testing can go a long way in helping you make more informed decisions.It’s also worth discussing with your property manager how they select and negotiate with contractors.
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11 January 2025 | 9 replies
Also I have done it in the past whenever I had a change in plans and they never had the opportunity to actually be selected.
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14 January 2025 | 21 replies
Bigger Pockets is a great place to find a real estate tax accountant.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
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19 January 2025 | 42 replies
Dave NA ,Non LLC and non corporation husband-wife holders of rental properties do not have to file a partnership return; They can file Schedule E.The problems comes if it is held by an LLC(Two-member) in a non-community property state.For the management activities I would still recommend using an S-election or C-corp if applicable.
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14 January 2025 | 8 replies
., unfortunately, to add to the frustration, Buildium's journal entries do not allow you to enter a vendor for the expense, you can only select which GL Account to debit and which payable to credit, so I'd still be stuck not able to track vendors for 1099's, see below.
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13 January 2025 | 11 replies
Most long-term lenders will use an AMC to select the appraiser.
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29 January 2025 | 32 replies
And be more selective who you let invest with you.
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10 January 2025 | 11 replies
@Fareen E.Great question, and it’s excellent that you’re thinking ahead about this scenario.