I'd then likely have you prep your own returns and then review them at my hourly rate to ensure compliance prior to you e-filing through TurboTax.

Anything not listed you should have to go through the principal broker or designated BIC ( broker in charge) to see if it is an allowed activity.Principal brokers only get what is required of them for E & O insurance.

Here's the rough numbers on my current deal I should close in about 2 weeks in E Oakland: $390K Purchase price. $100K Downpayment $30-40K in rehab $420-$430K total cost $130-140K total investment ~ 7GRM & 8-9% cap rate on out-of-pocket investment 10-12% CF return on investment before principal paydown, appreciation, and laundry income. ~$60-100K projected built-in equity if all goes well.

We unfortunately never got to the point of writing up a contract just exchanging e-mails for scope of work agreed upon ace verbal agreement on price.

Sure, stocks and bonds could generate higher returns cash on cash, but not in a mutual fund and not by an amateur just picking something off of e-trade.

@Polina Goncharova - as an accountant, you should know about Schedule E - look there and make sure you have allocated for all allowed deductible expenses; they're deductible because they will be incurred in the course of doing business as a landlord.

I got a promotional code #BuildiumRP02 that is good for 2 free months for every 1 year you pay in advance.  

Unless the check happened in a different period and you've already submitted financials to a 3rd party, I'd skip the J/E and just go back to the check and change the account to an expense as Account Closed said.

Sincerely,E.

They will then notify you, you will make payment, then the process begins.The Tax Collector will then:Pay those other outstanding certificate holders their face value and accrued interest; and, order from the approved title company an Owners and Encumbrance Report; and, surrender to the Registry of the Clerk of Circuit Courts or Comptroller those statutory costs associated with the auction; and, order from the approved vendor an advertisement to run for four consecutive weeks in a newspaper of general circulation in the county; and, remit for recording to the County Clerk's office the statement of service and party accuracy, once the title report has been examined; and, send out letters of public notification to all parties named on the O&E report; and, examine documentation found in the Property Appraisers records to verify legal descriptions, plat maps, etc etc.