
27 September 2024 | 15 replies
Hi @Adam HoekerI have my clients all on QuickBooks Online.We sync in their accounts to reduce human error in entries, and track each property's expenses and transactions to prepare for Tax time, this helps us to be prepared for 1099s as well, track Asset Basis and Depreciation, Mortgage Balances, and any Equity items.Since QBO is very common, it is easy to connect a Tax Accountant to this as well and have them pop in to grab reports they need to file.
27 September 2024 | 1 reply
Concepts I'm looking into are a friendly loan, and/or gift of equity, that still might allow for additional re-financing.

27 September 2024 | 4 replies
My personal investments are split into multiple LLCs, each with their own bank accounts, and it doesn't cause any problems.

26 September 2024 | 21 replies
Headed into a new market and loving learning the way things go.

27 September 2024 | 18 replies
I would look into if it would be possible for you to qualify as a nonresident alien for tax purposes.

26 September 2024 | 7 replies
Could be attempting to stack credit cards for a business, maybe they just want to have them for an emergency, maybe they know that applying for one is the same as applying for multiple if it’s within a certain time frame so they went ahead and applied to not ding their credit as much, etc etc The other thing about the job is something to look into though.

26 September 2024 | 7 replies
The approvals are always subject to change at any point, but at least you would know what you're getting yourself into ahead of time.

22 September 2024 | 6 replies
And that's including some very lucky breaks where we bought properties with sub 3% lending before the pricing jumps in 2021 and 2022.

29 September 2024 | 13 replies
They have a mortgage amortization feature that actually works so you can split your monthly PITI payment into interest, equity, and escrow payments and generate accurate P&L statements.

26 September 2024 | 9 replies
In the interest of time I limited my search to Montgomery County MD and Loudoun County VA homes that were sold in 2017 and sold again in 2022.Methodology: I pulled all the homes that fell into the scope defined above from Bright MLS.