Bruce D. Kowal
🌟 1031 Exchange QI Selection: Relationship & Reputation Deep Dive (Part 3/3
16 January 2025 | 0 replies
By and large, QI's have very high ethical standards, and are sometimes overlooked as the engines of this tax saving tactic.]REPUTATION MARKERS 📊INDUSTRY STANDINGMembership in professional organizationsLeadership roles in FEAEducational contributions to the industryRelationships with major title companiesCLIENT RELATIONSHIPS 👥Testimonials from CPAs and attorneysReferences from title companiesLong-term client relationshipsTransparent fee structuresRELATIONSHIP RED FLAGS 🚩Overly familiar with your realtor/brokerKickback arrangements (illegal!)
Nadine Wallace
Advice on temporary security cameras during rent-ready repairs on long-term rentals
16 January 2025 | 7 replies
There is a ring camera system that has a job site security package as well some of my investors use for their projects do not have internet it works off cellular connection.
Victor Yang
Taking a small loss to save on taxes?
19 January 2025 | 7 replies
@Victor Yang To use the rental losses to offset any active income (W2), you'd have meet Real Estate Professional status (which would be difficult to do with a W2 job because you'd have to work more on real estate than any other job to qualify) OR have an AGI of $150K or less.
Jonathan Small
DIY or hire help for taxes?
23 January 2025 | 7 replies
If your friends have a rental they should hire a tax professional.
Pat O'Connor
San Diego Property Managers
22 January 2025 | 3 replies
These are professionals with additional training and a stricter code of ethics.
Eli Jerman
Taxes for 2024 - First rental property purchases in August 2024
23 January 2025 | 6 replies
@Eli JermanYes, you should hire a tax professional.
Account Closed
PM needs ss#
22 January 2025 | 14 replies
Unfortunately, there are so many concerns regarding internet safety issues.
Cathy Svercl
Rent credits for cleaning & painting by future Tenant
15 January 2025 | 8 replies
I've painted more walls, ceilings and trim work than I could ever count in my lifetime and *I* suck compared to professional painters, and most of my paint jobs could pass for lower-end professional jobs.
Ronit Lodd
Best Property Management Software to Scale to 10+ STR Listings? + Direct Bookings
21 January 2025 | 9 replies
(Like I think Craigslist is still one of the best websites on the internet, but for some people it's a total turn-off because it still looks like 1995).Capterra.com is a great site for research in this category (and business software in general).
Jason Edwards
First Flip Insights: 1272 Lakins Rd, Etna
20 January 2025 | 0 replies
One key takeaway for future projects is the value of hiring professional painters.