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18 September 2018 | 18 replies
I would study the Austin MSA's suburbs and identify where the new offices are being built.
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16 September 2018 | 1 reply
If you PM me, I can do an introduction for you to a good accountant Kulin.
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16 September 2018 | 0 replies
My PM has, over the last several months, has stopped depositing the rent money into my bank account, stopped providing monthly statements and generally ignored my emails.Thank you,Jason
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19 September 2018 | 2 replies
Once you account for everything are you still cash flow positive?
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24 September 2018 | 2 replies
Hi,Are there any recommendations for either an accountant/CPA or Real Estate Attorney that has experience with tax incentives for real estate property owners?
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18 September 2018 | 4 replies
Apparently, there was an issue with being logged into the payment portal rather than the backend of your LeadPropeller account and therefore could not access the appropriate menus.
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18 September 2018 | 7 replies
One way to do this, I *think*, if the invstor is interested in having an ongoing stream of income is to have his SDIRA buy anohter property INSIDE of the SDIRA, which can THEN be sold on contract.Say his SDIRA has 100K, he buys a property with the cash in the account in the NAME OF THE ACCOUNT.
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20 September 2018 | 2 replies
I have no accounting skills but I love playing with numbers, and I like strategy.
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17 September 2018 | 8 replies
In my case 1031 exchange failed so the mortgage I was carrying on the relinquished property according to my CPA is causing capital gains tax in 2017 and then remaining profit that came out from the 1031 intermediary account will be taxed in 2018 tax year.
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18 September 2018 | 5 replies
Jose,Here is a list of "hidden costs" that may surprise you if you haven't been through this before:Closing costs when you purchase the propertyTitle Insurance Policies for you (and the lender if there is one)Miscellaneous closing fee's (survey, recording, etc)Loan origination feesHolding costs (during the time that you own the property)Builders risk and Liability insurance policy premiumsProperty taxesHOA feesUtility usage chargesBuilding permit costsDumpster / hauling chargesLoan interestClosing costs when you sell the propertyStaging (if applicable)Realtors feeClosing costs (depending on where the property is, this could be a huge cost) Professional fees for accounting, legal and taxesCapital gains tax on your profitI hope this helps you, and good luck!