Michael Plaks
EXPLAINED: sending 1099s to contractors and vendors
15 January 2025 | 13 replies
Even if they do not, it’s not your legal responsibility.Long version: It actually depends on your method of payment, and it’s not always clear.Credit card payments: clearly not you problem, no 1099s needed.Zelle payments: you DO need to send 1099s for Zelle payments.PayPal, Venmo and Cash App payments: this is where it gets tricky.
Daniel Chen
Section 179 Question for rental business
4 January 2025 | 11 replies
Yes, you can deduct related expenses including gas, loan interest, insurance, etc. using the actual vehicle expenses method to deduct auto expenses for your rental or other businesses.
Gabe Chase
Best Amenity to Add?
30 December 2024 | 13 replies
I would say high-quality bedding, cozy outdoor spaces with firepits or seating, and thoughtful touches like local coffee bar setups.
Kristi Wolfe
19 years old - getting a loan with roommates
1 January 2025 | 4 replies
I doubt he'll be able to quality for a loan (VA) with just his income.
Jonathan S.
Passive Real Estate Investing
15 January 2025 | 10 replies
For someone that's not as conservative, or a different view on the cycle, they might have a different opinion than me on all of this.2) Sponsor quality check: (takes about 45 minutes per deal)I believe that a great sponsor can take an average looking deal and make it great, and that in mediocre sponsor can take a fantastic looking deal and make it bad (especially if there is a severe recession).
Amol Kulkarni
Amol Kulkarni - I need a PM
5 January 2025 | 4 replies
Are their listings detailed with good-quality photos?
Reeves Bennett
How to Scale Multiple BRRRR Deals in a Year
17 December 2024 | 14 replies
@Reeves Bennett Focus on quality over quantity.
Rob Beardsley
Top 10 Reasons to Invest in Pittsburgh
5 January 2025 | 8 replies
Lots of investment in the region as well so hopefully quality job growth will continue.
Jacklyn Robins
Trouble renting units in Cincinnati
21 January 2025 | 27 replies
Make cosmetic updates if needed, offer free months rent on a longer lease, make sure your units have qualities like laundry and AC.
Robert Zajac
Managing my manager - how to best approach maintenance requests
21 January 2025 | 10 replies
Are their listings detailed with good-quality photos?