Brandon Morgan
mistake in lease! what to do?
11 January 2025 | 5 replies
Just ensure any updates comply with Pennsylvania laws and are handled transparently.
Andy S.
Landlord as Additional Insured vs Additional Interest On Renter Insurance in New Jers
3 January 2025 | 3 replies
It can strengthen your relationship with your property manager and demonstrate that you value their contributions to your business.It helps ensure compliance with lease agreements.Many lease agreements require landlords to name their property managers as additional insured parties on their insurance policies.
Julie Muse
Highway 64 Transformation: From Fixer-Upper to $200K Success!
6 January 2025 | 0 replies
By providing the necessary funding and covering renovation expenses, we ensured the project stayed on track and within budget, leading to a profitable outcome.
Nicholas Dillon
Taking additional cash from a 1031 exhange
7 January 2025 | 3 replies
It’s a good idea to work with a qualified intermediary and a tax advisor to ensure everything is structured properly and you’re clear on any tax implications.
Bailey Rentz
Done with Stessa. Where should I go?
13 January 2025 | 10 replies
Since you mentioned REI Hub, I worked with REI Hub in the past and they had the same connection issues but their CEO is usually good about making quick updates to create a better user experience.That being said, there is no perfect solution out there regarding bank feed connections so I'd go with one you know and ensure the accounts are linked on a weekly basis to be confident every transaction is flowing through without interruptions.
Chris Shon
Do I need a Real Estate Tax Accountant?
10 January 2025 | 16 replies
While their services may seem expensive, they can save you money by maximizing deductions and ensuring compliance with tax laws.
Angus Brooks
Tax Implications for Refinancing a Property in an LLC and Distributing Funds
16 January 2025 | 12 replies
When filing the LLC return, it is important to ensure that these liabilities are accurately reflected on the balance sheet.However, it's essential to note that distributing the refinance proceeds among LLC members could potentially be viewed as a taxable event if there is no intent to repay these amounts to the LLC.
Alan Mills
Sewer clean outs required?
4 January 2025 | 9 replies
Quote from @Alan Mills: Got an inspection objection back with something I’ve not seen on my other rehab’s (this is a Colorado property):“The seller agrees to have a licensed plumber install external sewer cleanouts per city code and scope the sewer line ensuring its integrity.”This was a full interior/gut rehab and almost everything is brand new.
John Gillick
1031 leverage question on partial sale
15 January 2025 | 11 replies
Since the original mortgage stays in place, you only need to ensure the reinvestment equals or exceeds the proceeds.
Sebastian Nadal
Screening for a roommate for the first time
7 January 2025 | 6 replies
Ensuring you choose the right roommate is so important.