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20 April 2024 | 9 replies
Hello Mandy, I work for a company called Visioneering Studios, we are a design+build firm that focuses on churches!
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17 April 2024 | 3 replies
Though I'm am animal lover, dogs and cats just have the capacity to do too much damage in a short time to this type of rental.
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19 April 2024 | 5 replies
We are looking to expand our real estate portfolio with either a 4 or 6 plex, or a commercial building.
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19 April 2024 | 15 replies
@Hannah Potter Here are the things that many CPAs support their clients with:Understanding tax impact of short-term vs. long-term vs. flip before you buyWhich entity structure is best for goals and investment property typeTax and compliance on LLC or S-CorpHow to transfer property out of personal name into LLC (hard to buy 1st through entity)Ways to optimize taxes throughout the yearHow best to set up accounting to track income and expenses (doing this late is a mess)Feedback on property management systems, accounting systems. systems, etcEstimated payments to avoid penaltiesKnowing when to file and getting things in on timeMaybe a few things I missed, but this is the high-level ….. if you can get answers to the above questions on your own, plan, and file your own taxes then you can avoid the expense of a CPA.
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20 April 2024 | 33 replies
Besides my hatred of quickbooks, another of my motivations for my ill-fated and short-lived switch to Stessa was to get access to their high-interest checking accounts.
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18 April 2024 | 4 replies
I love the keyless entry.What I don't love:1. if you don't have wifi at your property (ie: not a short term or vacation rental) you likely don't have wifi access to control it.2.
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19 April 2024 | 3 replies
We are in a small town, but if we do end up doing a virtual video then I will hundred percent make sure you get it!
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17 April 2024 | 6 replies
How should the tax return capture each property separately as well as the 1099.1099 Total (example): 36,000k totalproperty 1: 10k total rentproperty 2: 20k total rentproperty3: 6k total rentThis is what we are doing and just curios as pros and cons: We report a schedule E for each property.
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18 April 2024 | 13 replies
sorry dont understand what it mean body content too short(minimum 3 characters)
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18 April 2024 | 6 replies
Location (rapidly changing/close to amenities)This will hopefully make it easier to rent and give you options to rent out short term if desired.