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10 January 2025 | 22 replies
Take into account your mortgage, a property management company and other expenses and you are lucky if you net $300.
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15 January 2025 | 6 replies
Hello everyone, Looking to get a little insight into what things I should take into account when selling a property.
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16 January 2025 | 12 replies
To put a relatively extreme scenario out there, if you offer 3% more than the next guy in cash (no bank debt) and provided a copy of a brokerage account statement showing the cash was available, I am certain you would get the deal.To echo Joshua's comments: how you are planning on financing the deal is hugely contingent on being awarded deals.
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6 February 2025 | 58 replies
You should have a chat with your accountant, if you had a loan on the property, you may need to buy a property for more than the cash you received to defer 100% of the gain.Best of luck
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22 January 2025 | 14 replies
My building is in a small community and unfortunately the other plow guys I contacted for bids would not agree to take the account away from their peer.
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12 January 2025 | 4 replies
Any other expenses are using up funds that would otherwise be sitting in your checking account to make a mortgage payment with.
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9 January 2025 | 11 replies
Make sure your accountant specializes in real estate taxation.
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10 January 2025 | 4 replies
It may seem easy to jack up rent but there is something to be said about good, on-time paying tenants.As an accountant, I always rely on the numbers.
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19 January 2025 | 47 replies
I still think this is just like factoring accounts receivable .
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10 January 2025 | 12 replies
are you allowed to edit the chart of accounts?