Brandon Krasner
STR Partnership LLC Tax
30 September 2024 | 11 replies
Many colleagues I've spoken to start at $1,200+ and I've learned the hard way, you get what you paid for.Unless you have a tax background I would not recommend tackling these returns yourself given all you're doing and if you plan to add more partnerships in the future it's even more important you work with a tax professional you know, like, and trust.I've seen people in the same situation to save ~$3,000 in prep fees, did the return themselves, then received a $120k IRS notice of change to their return.
Alex Silang
LLC registered in STR state or home state?
27 September 2024 | 13 replies
You technically need to be registered in the state where you will be utilizing the legal system.
Kelly Rao
Anyone have experience with Nomad?
2 October 2024 | 17 replies
I tried to find a qualified tenant around May for about a month, I had everything in place (application, rental criteria, lease agreement, background check co., tours, etc) however, many applicants had evictions and poor credit history (low credit score doesn't bother me, but when you have 7-10 credit card and personal loans in default, it's a serious red flag.)
Sigmund VanDamme
Whats everyone using for Mid-Term Rental Software
24 September 2024 | 5 replies
I heard this directly from their team, it's an issue with the site and it doesn't have the technical capability until they make some significant changes.
Shane Baganz
Top (and inexpensive way) to collect rent and screen tenants
27 September 2024 | 2 replies
They used to have a list on their site of states they don't cover for background for about 24 states but they removed it and told me I need to call.
Don Konipol
Some Advise From a Very Experienced Investor
29 September 2024 | 17 replies
With my Controller/CFO background looked at our annual spending.
Larry S Cleveland Jr
New To Bigger Pockets
27 September 2024 | 2 replies
A link to FilePlace is at the bottom of every page, so it is easy to find.If you have technical issues, send an email to [email protected] and someone will help you.
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HOMEVESTORS What do you know?
30 September 2024 | 26 replies
I know someone doing very well with the franchise so I think it might have to do with the personal background of the investor getting in to the deal.
Jason Turgeon
Real Estate Accounting Winner: REIHub
29 September 2024 | 13 replies
For instance, my 8 units plus real estate sales accounting (technically a 9th "unit") costs me $25/month through REIHub, but to get the same service resold to me by TurboTenant would cost $55/month.
Alex Boulger
Selling Rental with 2 Out of 5 Year Rule
25 September 2024 | 14 replies
Our primary address according to our 2021 tax return is the property in question (even though we technically moved in September 2021).