Lilian Le
What Real Estate (RE) license benefits a RE investor?
20 April 2024 | 10 replies
For example, some brokers are as high as $26,000.Are they charging you for E & O insurance, Skyslope, a CRM?
Sam Kahl
Checklist for Buying Tenant Occupied Properties
20 April 2024 | 6 replies
I also like to make it a condition that the seller deliver a couple of days before closing an Estoppel Certificate from the tenant where the tenant confirms: (a) true and accurate copy of the lease and all amendments thereto; (b) address/unit they are occupying; (c) statement that Landlord is not in default under the Lease: (d) statement that Tenant is not in default under the Lease; and (e) statement of monthly rent and remaining term.This protects the buyer in the event there has been a subsequent written or verbal amendment of the lease (that the seller does not disclose) and prevents the tenant from making statements to the buyer/new landlord that are different from the terms of the lease that was provided to the buyer from the seller.Vivian
Cameron Woodward
How do I find tenants for a house hack?
21 April 2024 | 14 replies
I would recommend deciding based on these criteria:Will you get along with them and if they are a good fit for the house.Do they have the basic credit, income, and eviction history that you require.Getting Leases and admin stuff set upUse e-sign technology to get leases signed.
Lane Mcdonald
Necessary to have someone else do the accounting?
19 April 2024 | 8 replies
How disciplined are you to put the time into learning Schedule E and depreciation forms?
James Wise
NAR Lawsuit Settled! Offering Buyer Agent Commissions in the MLS now Illegal!!!
25 April 2024 | 209 replies
@James Wise my knee-jerk reaction when I read the e-mail this morning was "Huh, so your telling me it's about to get a whole lot easier to negotiate for seller contributions".
Montana E Manship
Excited to learn!
19 April 2024 | 5 replies
Quote from @Montana E Manship: hello I'm new to real Estate and investing in general, here for all the knowledge I can acquire.
Mariangela Ciciarelli
Str Clearwater Florida
19 April 2024 | 14 replies
Make sure you RSVP because we only have 6 out of 100 spots left.https://www.eventbrite.com/e/momentum-makers-investor-meetup...
Jason Turgeon
Real Estate Software Roundup (long)
20 April 2024 | 33 replies
It doesn't appear to offer any kind of leasing or e-signature options.
Yue Tian
AirBnb Expense Writeoff
18 April 2024 | 3 replies
These expenses would be reported on Schedule E (Supplemental Income and Loss) of your tax return.Since you incurred these expenses before you started renting out your property, you can typically depreciate the cost of the furnishings and any improvements made to the property over their useful life.
Jonathan Small
How to account income from multiple properties on a single 1099
17 April 2024 | 6 replies
How should the tax return capture each property separately as well as the 1099.1099 Total (example): 36,000k totalproperty 1: 10k total rentproperty 2: 20k total rentproperty3: 6k total rentThis is what we are doing and just curios as pros and cons: We report a schedule E for each property.