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Results (10,000+)
Account Closed Do I need a CPA? ANSWER INSIDE
16 February 2024 | 15 replies
Your answer to those questions will be "it depends" - it depends on the state and local jurisdictions that you and your real estate investments (or other business ventures) are subject to. 
Omer Dar Remote roles in property management
16 February 2024 | 4 replies
Remote can be...Marketing, Lease Signing, Lockouts (install coded smart doors), background checks & screening, Virtual Tours, Payments (online or ACH debits)Live In Person (local team)...Showing units, Posting Notices, Evictions, Dealing with Complaints (some need live interaction), Maintenance Calls, Property Condition Tours, Meeting Utility Companies, Meeting Contractors, verifying Contractors work, Live personal touch with residents (can improve tenant relations depending on property), Cleaning, Turns, Police CallsThrough the years, I've learned that there are places to save money and places to invest. 
Matthew Masoud Getting out of Mid-Term Rentals
15 February 2024 | 23 replies
Some of those options depend on the length of the lease agreements for the MTR components. 
Murtuza Bengali Advice on Multi-Family Rehab
16 February 2024 | 1 reply
As far as the permit process works, it’s going to be dependent on whatever township or city controls building codes.
Brett Dudley Short term rental loophole then long term rental in the future
17 February 2024 | 9 replies
Typically, it's applicable to certain types of property, and the rules can change.Regarding short-term rentals and bonus depreciation, the Tax Cuts and Jobs Act (TCJA) introduced favorable changes for businesses, including bonus depreciation for certain qualified property, but the specifics can depend on your situation.Using your property for short-term rentals may affect your ability to qualify for certain tax benefits, and the classification of your property (personal residence, rental property, business property, etc.) can impact the tax treatment.The IRS has guidelines regarding the depreciation of rental property, and bonus depreciation may not always be applicable to residential rental property.Additionally, if you decide to switch the use of your property (from short-term rental to long-term or mid-term rental), there could be implications for tax treatment.Given the complexity of tax laws and the potential impact on your specific situation, it is strongly recommended that you seek advice from a qualified tax professional.
Alon A. How to x3 and x4 the mid term
16 February 2024 | 21 replies
It just depends pending your area and also strategy (whole place vs. bedroom). 
Jennifer Sala Thinking About Becoming a Realtor
16 February 2024 | 6 replies
Ultimately, it depends on how much effort you want to put into it. 3) Thoughts on interest rates/real estate market in 2024?
Mitchell Maginnis Short term rental property manager- need a license?
16 February 2024 | 13 replies
Most of it depends on the way money is handled.
Marcus H. Set up Quickbooks for real estate investing/rentals
17 February 2024 | 27 replies
Whether you use QB online or desktop Pro depends on things such as how knowledgable you are of accounting, who will be doing the bookkeeping entries (local or remote), do you have just one or several entities, and how knowledgable your CPA is of real estate investing. 
Mitchell Hammack What Questions to ask on a Development Proposal?
16 February 2024 | 2 replies
I'm not sure if that is common but it sounds like the developers would not take any profit until the investors hit that mark.I don't delve into ground up in construction, but completing 5 homes within 13-17 weeks sounds quite ambitious, depending on their size.