Chris Kittle
Wyoming LLC Set-Up and Recommendations
29 January 2025 | 12 replies
You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.
Joshua Houchins
Accounting Software?
9 January 2025 | 16 replies
@Julie Doke: Industry specific software speaks to you and you can easily relate it to your day to day process.
David Woodside
500 hour rule - material participation
15 January 2025 | 12 replies
CPAs often advise against pursuing this designation unless the time commitment and documentation are robust, as failing to qualify can result in IRS audits or penalties.The 500-hour rule pertains to material participation in specific real estate activities or businesses.
Ben Hofstra
Best Bank Account for my Situation
9 January 2025 | 9 replies
I also use their virtual credit cards which enables me to assign a card to a specific person, like the cleaner for my STR for example, so when she runs a charge, it automatically drops into the right account in terms of categorizing my expenses.
Tim Johnson
Is Real Estate the best way to reduce your taxes?
18 January 2025 | 5 replies
Taxpayers should be aware of the criteria for this specific scenario.
Tom Ochieng
Inherited tenants questions
15 January 2025 | 3 replies
@Tom OchiengI would reach out to a real estate attorney for specific advice on this situation since you already have one tenant who is being difficult.On a side note, when I have inherited tenants, I have been most successful when I have provided longer non-renewal notices, like 60-90 days, and offered to assist with moving costs.
Derek C. Thompson
ATM Investments fund
28 December 2024 | 13 replies
@Brandon Shapiro what specifically do people say about these groups?
Bill Goodland
Favorite Tools for Building Distressed Owners Lists
15 January 2025 | 13 replies
The platform's main focus is processing mortgage documents in their raw form to extract specific financing terms for all properties in the city.
Mitchell Rosenberg
Tips for Finding Affordable Properties with High Rent Potential?
9 January 2025 | 8 replies
Investing in AZ, NV, ID, where you have family or friends that is a day away and you can start to build a network and team to help manage a property.
Samuel Coronado
Looking at another park
13 January 2025 | 8 replies
Let me know if you’d like help running specific numbers or refining your negotiation strategy.AI answers can be helpful sometimes, but they miss some really important concepts.