![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1406973/small_1705681203-avatar-rays106.jpg?twic=v1/output=image&v=2)
17 February 2024 | 2 replies
for example if I have a property rented for $2000 a month and I charge 1 month rent as a turnover commission and 10% of each monthly rentals as a management fee I would send my owner a 1099 for the full $24,000 and they would just line items the turnover commission and monthly management fee as an expense on their schedule E , correct?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2927943/small_1706028160-avatar-shak_.jpg?twic=v1/output=image&v=2)
17 February 2024 | 40 replies
Which newbie's also often only look at the rate when structure of the loan like fees besides points, pre-payment penalties are often much more important then the "rate".
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/634902/small_1694662431-avatar-patricial13.jpg?twic=v1/output=image&v=2)
17 February 2024 | 25 replies
He also pays a pool care fee every month and $50 for water, as he could not get the account in his name when he first moved in.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2417984/small_1737154068-avatar-ringoy.jpg?twic=v1/output=image&v=2)
17 February 2024 | 11 replies
Factoring in rehab cost, we're still staying below 80% ARV, refinancing and getting our cash back.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/48144/small_1621409440-avatar-pbferrigan.jpg?twic=v1/output=image&v=2)
16 February 2024 | 9 replies
I think the increase in E&O insurance for adding property management services is a key factor.Example Split Structures:1) Split 50/50 the monthly management fee.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2907980/small_1706752561-avatar-laceya12.jpg?twic=v1/output=image&v=2)
17 February 2024 | 5 replies
I think I spent like 400 setting mine up on Legal Zoom and then I pay a yearly registered agent fee of like 150/200 and then I pay a yearly fee to the state of like 100 bucks.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2917455/small_1721656082-avatar-danielm1557.jpg?twic=v1/output=image&v=2)
16 February 2024 | 2 replies
Some advocate for factoring in debt services, while others argue for excluding them from the calculation.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2189999/small_1696339599-avatar-dsm2.jpg?twic=v1/output=image&v=2)
17 February 2024 | 3 replies
But I use to be able to link the property management portal to my bank account in case I need to contribute fund to the property management company's account.My accountant is willing to charge a small fees and handle the above payment for me, however I might have a bigger amount due to IRS after completing the 2023 TR (for capital gain tax), so I am not sure if I am comfortable to send my accountant a large amount and she then pay IRS.Also would anyone recommend any good / reliable accountant for my TR 2022 and 2023, who is also familiar with FIRPTA withholding?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2478610/small_1738198308-avatar-maxd101.jpg?twic=v1/output=image&v=2)
17 February 2024 | 9 replies
Be aware of the regulations surrounding rent stabilization and factor this into your investment strategy.Considering Out-of-State Investments:Diversification: Investing outside of your state might provide you access to possibly more inexpensive markets as well as diversification.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/728435/small_1621496229-avatar-rafals1.jpg?twic=v1/output=image&v=2)
16 February 2024 | 22 replies
Weigh all the factors of out of state.