Jon Zhou
Ashcroft capital: Additional 20% capital call
9 October 2024 | 312 replies
Feedback taken and internalized.
Allen Wu
Ownwell- protest property tax. Is this company legit?
25 September 2024 | 10 replies
If they aren't able to reduce your taxes then they don't get paid.I assume they are selective about which appeals they will take on since there is no benefit to them or the homeowner to not be able to win an appeal, but I have no knowledge of their internal business logic.
Matthew Samson
Different CPAs for investments in different states?
25 September 2024 | 11 replies
I do have a handful of clients that have ended up using multiple CPAs just due to who their partners were on different deals, and even in those cases they almost always end up consolidating to a single CPA - taxes are enough of a headache without dealing with 3 different professionals who each only have a slice of the whole picture.If you are going to regularly be investing across the country, it doesn't hurt to work with a firm that has State and Local Tax (often referred to as "SALT") internal resources, though typically this does come from larger firms with larger fees.
Carson Vanderhoff
No Cash, No assets, No experience. and in need of Experience and Knowledge
25 September 2024 | 4 replies
Building a credit history...all on point.Things that I would also start looking at: where do you want to invest - locally, nationally, internationally?
Melanie Baldridge
Bonus Depreciation one of the best parts of RE Tax Code
23 September 2024 | 6 replies
In case anyone else is wondering about this, it's my understanding after doing a ton of research (but not having talked to a professional) that bonus depreciation only applies to properties in the US (not international properties).
Geoffrey S.
Best bookkeeping software?
24 September 2024 | 16 replies
We use Quickbooks to manage some of our internal tasks like expense tracking, invoicing, etc. but Use bench to manage all of the more tedious tasks like bank recs. and tax prep.
Gary Dale McKee
Need advice on wether or not to rent to people on disability.
24 September 2024 | 49 replies
I would advise you to approve this applicant unless there is a strong, objective reason not to - such as eviction history, a recent criminal conviction, or their income (including all disability income) is less than whatever standard you have used for all of your past tenants.
Rachael Palmer
STR in Unincorporated Bay Pines (5 min drive to Madeira Beach) or Indian Rocks Beach
24 September 2024 | 8 replies
I speak to the estate planning attorney on Wed (I have another property in Philadelphia in my name that needs to be sorted as I'm currently exposed liability wise and another internationally also in my name that I am about to start STR) so I want to read up before that meeting.Thanks!
Allen Moore
Section 8 - Pros & Cons
23 September 2024 | 33 replies
A lot of them will have criminal backgrounds.
Nir Berko
Renovating a Property for Section 8 Tenancy
23 September 2024 | 10 replies
I did self manage and self lease, so I screened all tenants looking for no evictions, no criminal background, good landlord references, long term tenancy, etc.