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12 February 2025 | 7 replies
Start with maintenance notes that you may regularly reference, such as air filter size, water shut-off location, etc.
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5 February 2025 | 9 replies
It's mostly a joke.I think it did good - the influencer who opines regularly on cap rates, interest rates, the Fed, inflation, and is generally an economist, or even a bit of a philosopher, probably does alright!
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3 February 2025 | 6 replies
As a hard money lender looking to fund $10MM+ in deals in 2025, our hope is to connect with similar sized hard money lenders, ideally in different geographic area, that are looking to create a small network to bounce ideas off of, learn from, and engage with regularly.
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16 February 2025 | 2 replies
Commissioner, 73 T.C. 766 (1980), specifically confirmed that rental management activities can qualify for the home office deduction, regardless of passive income classification.Key Considerations: 🔑The space must be used ONLY for rental managementNo personal activities or other business uses allowedMust maintain solid documentationActivities should be regular and substantialPro Tips: 💪Consider the simplified method ($5/sq ft, max 300 sq ft)[Rev.
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11 February 2025 | 0 replies
They are regular towns and ordinary people can participate in how they evolve.
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3 February 2025 | 8 replies
Transcribing transactions from bank statements, posting transactions to the correct accounts, and then manually creating an income statement, statement of owner's equity and a balance sheet is a fairly time consuming process and I have not been able to keep up with the book keeping between my regular work responsibilities.What accounting software do people recommend?
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7 February 2025 | 2 replies
No matter what way you choose to get started, if you are consistent and dedicate time regularly, you will be set up for success for years to come.
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4 February 2025 | 7 replies
They should pay just like someone on a regular lease pays - cash or equivalent into your bank account.
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9 February 2025 | 12 replies
Just curious if you find it makes a difference updating your photos on a somewhat regular basis or tend to leave the STR photos the same once you have somewhat found a sweet spot?
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16 February 2025 | 14 replies
Hey @Stephanie Medina, this comes up fairly regularly and is really an individual situation.