
22 March 2024 | 7 replies
I need to prepare for tax filing and potential audits, but I'm unsure if receipts for every expense are necessary.I had an incident where the PM mentioned a referral fee of $350 for a tenant, but the bill showed $400.
22 March 2024 | 28 replies
It includes professional photos, a yard sign, a comparative property analysis (CMA) and a personal home overview to go over what should be done/fixed/updated to maximize our home sale.1 Year ListingA listing on MLSLI.com, HGAR.com, OneKey MLS, Realtor.com, Zillow, Trulia, and other partner and other real estate agent websites36 photos uploaded to the MLSFree changes (price, open house, description, photos)All legal disclosures and paperwork providedFree MLS flyers, open house flyer & sign in sheetsReceive all buyer leadsLocal Broker help by EmailWeekly Listing Stats for your propertyShowing time Scheduling (if wanted)Electronic LockboxPhone call questions and help with anything you need during the selling processThey negotiate your offers for you professionally They verify all buyers pre-approvals and/or proof of fundsThey fill out and send all required paperwork to the attorneys to get contracts goingThey handle all home inspections and potential issuesThey deal with the appraiser and provide comparable sale information so your house appraises for the contract priceThey confirm the commitment of buyers mortgageThey help deal with any legal issues from the town if there are anyThey handle the walk through and any issues that might ariseThey attend the closing (if there is no scheduling conflict)I make the appointments and show your own houseCost: 1/2% with a minimum of $2500

22 March 2024 | 11 replies
How much should I budget for taxes on rental income (For example if mortgage and fees are an even $3000 per month, what should I actually charge to breakeven after taxes, much less cashflow)?

22 March 2024 | 5 replies
Failure to repay the loan according to the plan's requirements could result in penalties and tax consequences.Tax Implications: While 401(k) loans are generally not subject to income tax or early withdrawal penalties, there can be tax implications if the loan is not repaid on time or if your husband defaults on the loan.

22 March 2024 | 12 replies
We are leaving CA for tax reasons and because the distance of maintaining properties was getting to be too much (there were not great property managers or contractors so we were having to travel back for everything).We have made a few offers on 4plexes in Las Vegas but have not found the right property yet.

22 March 2024 | 13 replies
To make the best choice, carefully calculate the financial implications, align with your long-term goals, research the market for larger buildings, and seek advice from a tax professional to navigate potential tax impacts.

22 March 2024 | 5 replies
Accurate books for a seamless transition during tax time. 2.

19 March 2024 | 22 replies
I.e, money you pay your church would not be reported on a Schedule C, it is reported Schedule E decreasing the Tax you pay, not the income reported on the Tax form.

22 March 2024 | 5 replies
You’re up $15k while one of these two lenders pays taxes/insurance and 1st position tries to foreclose.

20 March 2024 | 7 replies
We are an LLC, taxed as S-corp, with K-1s.