Dave Hart
Guidance on rent increases
5 March 2024 | 10 replies
I’m debating if I should implement rent increases for current tenants during lease renewal, even if it’s just $25/month to help keep pace with increasing costs and taxes.
April Smalls
Construction Cost Budget Projection
6 March 2024 | 2 replies
In general the holding cost I estimate are utilities, loan payments, taxes, and up keep costs for example.
Tom Sehon
Looking for a few local CPA's
5 March 2024 | 2 replies
Hello, I am wondering if anyone knows of a few CPA's with lots of rental property experience to help me sort out my first year of taxes and deciding on an LLC in the Denver/Littleton area.
William Kuczmera
Is Cashing out my 401k to buy a duplex a good idea ?
5 March 2024 | 34 replies
But I am not a tax specialist.
William Ryans
Any suggestions for a Real Estate Investor Friendly CPA in Southern California
5 March 2024 | 5 replies
Accountants are in such demand, that the best are not even accepting clients half the time.The other problem I see often with accountants on here is that they specialize in larger investors, and have really high prices when you as a smaller investor do not need all the bells and whistles.Another thing I see is folks thinking they need to have a tax professional in their state.
Christian Riordan
Selling a Primary Residence when your Parent is on Title
5 March 2024 | 3 replies
They are both listed on title of the property and my wife has been using it and paying primary residence taxes on it.
Gary Fox
Ownership by Contributed Capital vs by Tax Capital Accounts in small syndications
4 March 2024 | 34 replies
My lawyer needs advice from someone more versed in the tax law.
Thomas Waymouth
Navigating DTI & Turning our Current House into an STR
6 March 2024 | 8 replies
I made 120k in equity last year with the sale of the houses but because of how stupidly our business was set up, Our tax guy suggested my partners give me most of my equity as a gift because we didn't want to get taxed on it twice.
Logan M.
Pitfalls of CAP Rate and Mobile Home Parks
6 March 2024 | 9 replies
You can try to use their taxes for verification but it is still difficult, CAP rates will not reflect tenants that need to be evicted.Hopefully, this has been helpful in providing some additional aspects that are unique to CAP Rates and Mobile Home Parks.
Christene Martin
No Show Tenant
4 March 2024 | 7 replies
Once the new tenant takes over, apply the deposit towards any unpaid rent or other legal charges, send the original tenant a refund of the remainder, and move on.I also recommend you strengthen your lease.