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9 June 2018 | 9 replies
I had a contract and brought an accountant in to audit the books for my account because the expenses for repairs and turns were so high.
8 June 2018 | 16 replies
Account Closed if you are self managing id recommend setting up a phone number thay tenants call with issues.
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8 June 2018 | 1 reply
I am building up my saving accounts to begin to do my first buy and flip.
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13 June 2018 | 20 replies
Unless you misunderstood your accountant, you need to fire him/her and get a new one that knows what they are talking about in real estate.
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8 June 2018 | 5 replies
Any way to reduce the distribution amount to account for repairs and property taxes over the years?
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9 June 2018 | 7 replies
. $200/month cash flow after accounting for vacancies, maintenance, management, EVERYTHING.Let the cash flow build up in a liquid checking account.
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12 June 2018 | 8 replies
The boot would be offset by the 121 eligibility and your accountant would settle it all up at tax time.Your case is slightly different.
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11 June 2018 | 3 replies
Regarding reinvestment requirements I'd defer to your accountant.
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12 June 2018 | 7 replies
Thank you all for your insights.Originally posted by Account Closed:Don’t kill the deal based solely off that.