Daniel Vikhtinski
First Time Landlord Finance Questions
7 March 2024 | 18 replies
You would then spend non-reoccuring transactions out of the management account store money and pay auto payments out of the property account.
Kalp Mehta
Buying a Property with Negative Cashflow
15 February 2024 | 14 replies
Do not remove any reoccurring costs.
Jonah Slove
Time to sell?
15 February 2024 | 95 replies
The vast majority of time what one get's is a big reoccurring operational expense to match, negating the whole pipe-dream of that big cash-flow.
Jonathan Rivera
Real estate low risk strategies?
9 February 2024 | 6 replies
What are some of the best real estate low risk strategies investing long distance/ Out of state that can produce reoccurring income?
Nicholas A.
Business Partner Not Abiding By Operating Agreement
2 February 2024 | 2 replies
He's unresponsive, and we have monthly reoccurring expenses as well as one-off expenses that I am getting stuck with.
Marc Dufour
Venmo to collect rent payment?
2 February 2024 | 45 replies
I sent out rent reminders anyways to the students so this is not a big deal for me, now if they only had a reoccurring reminder option to send it out automatically each month.
Andrew Postell
Yay! Tax Season! What you need to know on claiming deductions!
21 January 2024 | 43 replies
And just like with the others above there are some good deductions you should be taking advantage of here as well.S-CorpW2 income – that’s easy, you probably understood that your W2 income can be added BACKK-1 income (box 1 & 2) – also pretty self-explanatory, but just in case, it’s added BACKAmortization/Casualty Loss – Added BACKDepreciation 1120s (line 14 & 15) – Added BackHowever….Mortgage Notes, bonds payable in less than 1 year (Schedule L, line 17)- this is SUBTRACTED from your incomeMeals & Entertainment (Schedule M1, Line 3b) – SUBTRACTED from your incomeNon re-occurring Other Income (1120s line 5) – SUBTRACTED from your incomePartnershipsW2, K1 (box 1,2, & 4), Depreciation, Amortization/Casualty Loss – all added BACKNon re-occurring Other Income, Meals and Entertainment, Mortgage Notes payable in less than 1 year, AND Ordinary income from Other (1065 line 4) – all SUBTRACTED from your income*WHEW* What a lot of information and we could probably spend ENDLESS amounts of time on this subject.
Bobby Vernazza
Direct Mail to Notice of Default Recipients
29 August 2017 | 3 replies
I have been doing the driving for dollars method, sending out letters every week to new and reoccurring properties.
Nicole S.
Help me narrow my strategy in Cleveland Ohio please... :)
30 December 2017 | 22 replies
For example, if you have a duplex and estimate it is going to earn $1,200 a month ( at $600 for each unit) You can never really assume you will make $1,200 a month because the leases will not be synced and you could see a reoccurring vacancy.
John Morgan
Has anyone joined the group "snap-flip"?
25 August 2019 | 44 replies
They provide financial literacy through classes as well as reoccurring support for customers/students.