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10 December 2024 | 6 replies
Or just have a tenant sign a move in inspection docs that states everything was checked by tenant and is working fine?
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12 December 2024 | 6 replies
This ensures the property performs well even under less-than-ideal circumstances.If a property doesn’t align with your goals, it’s perfectly fine to move on.
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20 December 2024 | 27 replies
Permitting also secures compliance and avoids fines, which can be significant in LA.This post does not create a CPA-Client relationship.
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10 December 2024 | 10 replies
To dissuade folks from crypto mining or growing, uh, plants.It basically says that if the electric bill is twice what the same month's bill from last year was, the overage will be charged as a fine.
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15 December 2024 | 25 replies
Xero works fine.
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16 December 2024 | 35 replies
Microsoft Excel, and most budget or free online bookkeeping isn't going to cut it in this situation.For the rental properties you own directly, I often tell clients and prospects that a P&L in Microsoft Excel is just fine and a balance sheet is not necessary for tax purposes.
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8 December 2024 | 10 replies
Are those terms "fine print" or only the terms that POA did not read?
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9 December 2024 | 7 replies
It takes a certain level of QB knowledge to set it up correctly.My General Recommendation: Spreadsheets are usually fine for your first 1-3 properties. 3+ properties, you should use a software.
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31 December 2024 | 97 replies
I offer to return half because the buyer the one who has wronged me but I dont need to fight over a few grand so half is fine both partys are unhappy but we move on.
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13 December 2024 | 24 replies
If the prices work where you are, I think with your experience, you could go right into a four-plex and do fine, especially if it was light to moderate value-add because of your knowledge and connections.