Your debt service will also be lower which helps avoid getting pinched by unexpected expenses and being forced to sell.

Please read the article on chapter 13...https://www.uscourts.gov/services-forms/bankruptcy/bankruptc... 

Hi Caleb Rehg,If you have employees you will have to pay quarterly PAYROLL taxes, but these can be taken care of by a payroll servicer such as Gusto or ADP.Otherwise, if you expect to have a substantial net income from the rental property at the end of the year, you may opt to make quarterly estimated tax payments so that you that you don't get surprised by a tax amount owed with your tax return.

Like any service based business, you're going to encounter a variety of types of fee structures.

Two things keep tenants long term - (1) great customer service, and (2) competitive rents.It sounds like you do a great job of taking care of your properties and the needs of your tenants, so as long as you’re not noticeably higher in rent to your competition you should always be pursuing rent increases.

You can find services that charge $50 per year for this.

Not sure if this is the correct Building Department, but it does say you can pull as a homeowner: https://www.phila.gov/services/permits-violations-licenses/a...

Hey @Tom Sehon, Given we are accountants, we cannot promote our services on BP as its against the rules.To help in your search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.

The best accountants and CPAs will be able to offer you a secure document transfer system in order to keep your sensitive information safe, and also be able to conduct their bookkeeping and tax return services electronically as well, saving both time and money.In my personal ventures into real estate, I have started several LLCs and would be happy to share my real estate experiences with you.

I was shocked to learn in many cases the students are taught to associate with other GP's and provide services such as capital raising, dilligence etc.