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27 September 2024 | 2 replies
California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.
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27 September 2024 | 15 replies
You should only consider switching when your current software has a significant flaw or lacks features that force you to spend excessive time on workarounds.
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27 September 2024 | 13 replies
When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or refund the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account designated explicitly for future investments.
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25 September 2024 | 9 replies
Also anyone have insight on excess taxable income regarding the above and private lenders?
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26 September 2024 | 14 replies
I am in a pickle and wondering if any of my Chicago peeps have been in this situation and how they got out of it.My clients bought a 2 flat with a coach house in 2018 and were issued a 3 DU cert.
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25 September 2024 | 1 reply
YoY is up 3.5%.Rentals - Availability by MonthThe number of homes for rent remained flat MoM.Rentals - Median Time to RentMedian time to rent continued to increase MoM but still at a very reasonable 22 days.
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25 September 2024 | 4 replies
I reviewed Form 8824 and after much research I generally feel comfortable completing the form as well as how to depreciate the carryover basis and additional (or excess) basis using either of the two allowable methods (general and simplified methods).
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26 September 2024 | 2 replies
I have seen a Heloc lower an investors scores due to excessive tradelines and due to the balance to credit limit percentage.
25 September 2024 | 8 replies
However, if guests want to bring 1-2 additional people beyond that limit, you can apply a flat fee or per-night charge.
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26 September 2024 | 17 replies
Currently, the CBC mandates a percentage of new dwelling units to be ADA compliant, but I wonder if these units are quickly filled or if there is excess in certain regions.