whenever it is a prepaid expense, they should be classified as asset account.Closing cost is an asset?

Emails incoming and outgoing can automatically be tracked to the account and accounts can be classified in many ways (Prospect, Customer, etc.)

Classified as B3-2 (NYC) which is a conversion to two family from single family.

I got most of my motivated sellers from online classifieds and online FSBO sites.If you really want to get leads fast run FB ads to your site.

But only you can determine whether this will be a good long-term investment for yourself.4) When it comes to STR performance, I personally don't believe it makes sense to classify the pandemic/post-pandemic as a typical recession and compare it to the recession that everyone's predicting will come in 2023.

Hello all, first post.
Im looking to buy a new primary home while I still have another property on the books and not sure how it will be treated in a mortage.
I will explain the best I can and start with some backgr...

@Jordan Lagrassa      You can classify it as gift for a tax benefit or you can simply change the title to the property with no ramifications.

Fair deal if you can obtain 6% financingGreat deal if you can get to 85% occupancy without lowering rental ratesIs there a solid reason to believe you can obtain a significantly higher occupancy rate than the sellerAlso, you may not want to classify occupants by race, etc. because of Fair Housing Laws

Thanks for the clarification of you being W2 classified.

That's why its so important to have a qualified construction engineer who also knows the tax code looking at assets to classify them properly as @Yonah Weiss pointed out.