25 October 2018 | 3 replies
Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.
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14 October 2018 | 6 replies
All of the other fields (criteria) that a service like listsource offers are abstracted (manually entered by a person looking at the document).
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14 October 2018 | 2 replies
You should be able to turn the free cash and deferred tax into $60 - $80K net of all expenses annually without banking on the back end and still getting depreciation the rest of the way. 3.
13 October 2018 | 0 replies
I need a rmlo for SC asap and a licensed loan servicing company.
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20 October 2018 | 5 replies
What happens is that if the rental property's value exceeds $60k then the tax return 706 NA must be filled and the exemption would be any amount between $13k and $46.8k depending on the proportion of assets located in the US compared to those located in the rest of the world.
13 October 2018 | 1 reply
The free service, for landlords with two or less properties, tracks expenses, profit/loss, etc. of your rental properties ($50 fee if greater than two) but it requires linking accounts in order to automatically track and categorize expenses for you.I’m always uneasy when a website requires linking bank accounts.
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14 October 2018 | 14 replies
The other option is to do a non agency product, such 12 months average bank deposits or asset depletion or DSC (debt service concerage) where 90% of the rent covers your total monthly payment
14 October 2018 | 9 replies
Sell it and 1031 exchange it into another rental property(ies) closer to home.Sell it, pay capital gains, and use the rest to fund another BRRRR rental.Do something else that you suggest that we haven't thought of.Our first inclination was to sell because it is a bit of a worry being so far away, even though it is under a property management company, and we could use the money to get out of a bit of debt and to hopefully use it to fund another rental around here.
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14 October 2018 | 9 replies
(opinion bonus) Is it worth the extra $2,000-2500 to hire two attorneys in two states to set up these LLCs/OAs versus utilizing some services I see where it can be set up for about $200 each if you add in EIN/OA work and maybe $125/year for registered agent in that state?