15 March 2024 | 8 replies
(Someone to receive notices on your behalf)Residential income properties need a Transaction Privilege license in most locations (Rental Tax)Property Management is a specialty in the industry and it's very possible your sister has her license with a broker that doesn't allow her to do property management?
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15 March 2024 | 3 replies
I learned that there are great opportunities to purchase low maintenance, fully remodeled homes in places where there are high quality management teams in place that can produce nearly passive income.
15 March 2024 | 3 replies
Kinda fun tbh.I ended up having 2 people just from talking and lifestlye (pets, kids, jobs), I picked one as they have a more consistent income and did a vetting on credit/background for around $40.Within 3 days, the vacancy was filled.RenovationNo property is perfect.
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15 March 2024 | 4 replies
Typical rates are 8-12% of income either monthly or yearly depending on manager.
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15 March 2024 | 4 replies
Nothing wrong with renting out rooms which is called (Boarder income).
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15 March 2024 | 3 replies
Also, setting up one of the units as a medium term or short term rental to increase income.
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15 March 2024 | 167 replies
The east side is mostly industrial and low income housing.
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15 March 2024 | 21 replies
Adding a negligible amount of tax revenue through income?
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14 March 2024 | 11 replies
What investment choices would you recommend to offset W2 income taxes?
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14 March 2024 | 6 replies
The rest of my tax/income situation is very basic.