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8 January 2023 | 11 replies
Even if you did, The money won’t be in your account until sometime in January and you certainly aren’t recording the money until it’s cleared the bank.Further info on prepaid rents, though Oregon was cloudy on just about everything other than monthly balances being reported to the tenant and 2x being owed by landlord if not returned within 31 days other states as noted vary significantly Prepaid rent and security deposit rules: Each state has rules regarding security deposits, and some states may only allow a landlord to collect first and last month’s rent plus a security deposit — and nothing else.
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9 January 2019 | 2 replies
I realize the salary, maintenance, and seasonal expenses all vary depending on location, class, and number of units.
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13 June 2019 | 18 replies
All ours are direct deposit so they vary but nothing consistent or intentional & if they are late they also pay the late fee.
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20 February 2015 | 24 replies
Tenants are often not the best money managers and allowing such a fundamental expense as rent to be paid on credit stands to increase their liabilities to an unmanageable degree.
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14 February 2015 | 20 replies
I'm 25, with a bachelors degree, working in consulting, making 65k with 18k in student loans, renting, no car payment.
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18 September 2014 | 0 replies
These vary from a inheritance, money found, emailing you about something you have for sale, or a add you placed online etc.
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19 March 2016 | 4 replies
Keep in mind taxes vary by county.
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16 April 2017 | 24 replies
The OP needs to get with a knowledgable accountant/CPA.I think you will find that CPAs give varying advice on this with some advocating a very strict interpretation of Single Member LLCs always following through to the Schedule C while others interpret it as rentals always following through to the Schedule E.
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8 April 2015 | 10 replies
Degree in finance with a real estate emphasis, taken the courses construction management and landscape construction, trying to get some field experience with Habitat for Humanity, and I'm working for a subcontractor as their construction accountant (so we can check off some of the administrative knowledge).