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23 February 2024 | 14 replies
I have a portfolio of under 10 properties.In their services performed, my CPA wrote: "Preparation of 2016 federal and state individual income tax returns, including organization and analysis of transactions.
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22 February 2024 | 9 replies
The cost of the materials was $1,500, and including labor I’d estimate this cost me about $3,000.The property manager never ran this by me or gave me an indication these project would be completed.Our service agreement is clear that written consent is needed when costs exceed $1,000 and in this instance these were not repairs and requirements needed to rent the property.
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23 February 2024 | 16 replies
Inflating AUM by including the whole of something your company only has a 10% investment in related to transactional services at the time of formation/acquisition is a material misrepresentation.
23 February 2024 | 65 replies
If you actively participate in the rental real estate and meet certain criteria, you may be able to deduct up to $25,000 of passive losses against non-passive income, subject to income limitations.
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22 February 2024 | 0 replies
Off Market,submitted a non refundable deposit in good faith to entertain the seller that i was a serious buyer 7 that i would close escrow
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21 February 2024 | 7 replies
Account Closed I already ran a cost seg study when I put the property in service four years ago.
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23 February 2024 | 2 replies
They are running you through a DSCR (Debt Service Coverage Ratio) program.
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22 February 2024 | 1 reply
Is there some service other stores which I can use so I have a PO Box but I get the mail forwarded to my home address.
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23 February 2024 | 3 replies
Here's a summary of what they've offered:- Monthly PM Fee: 8%- Markup Fee: 15% on top of bills for services like fridge setup, applicable to any expense over $300.- Late Fees: They retain 8% of any late fees collected.- Initial Setup Fee: $300.- New Lease Fee: $275, but no fees for lease renewals.- Maintenance: They offer minor maintenance in-house, with the markup fee applying to expenses over $300.Do these terms seem reasonable to you?