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Results (10,000+)
Michael Rutkowski What are people paying in fees for a 1031 exchange?
26 October 2021 | 9 replies
If I own both 100%, and both are on my personal tax returns, then it seems I can get away with it.I may just file a quit claim, as this seems to be confusing everyone including myself.
Robert Calabrese Bookkeeping - One Quickbooks File & Multiple Properties?
25 October 2021 | 3 replies
I've always had separate quickbooks files for each rental property I have.
Andrew Curro Time Commitment to Manage a Duplex-Fourplex
22 October 2021 | 5 replies
Once you buy one, you'll probably buy more.Some suggestions:1) Us Quickbooks and set up Classes for each property and subclasses for each unit. 2) Scan EVERYTHING to either Google Drive or Dropbox. 3) Create a consistent folder-tree convention, example:   Main_123 (property address with street name first)   -General Property Info   --Insurance   --Property Taxes   --Title Docs   --LLC DOcs   --Purchase Docs   --Loan Docs-Utilities-Maintenance-Leases   --Folder (LastName_FirstInitial)-Advertising-Rental License-InspectionsAppliances & Mechanicals (pics, model tags, warranties, etc)4) Create list of consistent naming conventions for files so you don't have to open themExample: yyyy-mm-dd Main_123 Water Bill mm-dd to mm-dd $xx.xx               Lease Main_W_123_#unit (LastName_1stInitial) $RentAmount EXP yyyy-mm-dd5) Create a great lease by reviewing several from online, then have attorney review for compliance with state & local laws.
John Thedford Problems With conventus LLC and shellpoint --I need a lawyer
22 October 2021 | 1 reply
Preferably in SW Florida.The property is in Florida so I believe I can have the case filed here?
Paul Vail When HOAs attack -- changing rules and owning rental properties
22 October 2021 | 1 reply
They may also be able to get together and file a lawsuit blocking the action.
Doug Hardy Can you Cash out Refi after using a HELOC to Rehab a property?
25 October 2021 | 3 replies
The second refinance is generally easier because you already have all of your documents and personal information on file and credit reports are good for (90) days to avoid multiple pulls.
William Hutchinson Is one rental worth it?
7 November 2021 | 23 replies
Just principal reduction alone will generate an 8%-9% return on your money the first few years.
Hemal Patel Inconsistency in sq ft area b/w county tax and appraisal records
24 October 2021 | 1 reply
This is common and fairly frequent.One thought on the discrepancies is builder filed plans to build one floorplan with the city and built a different one, but who knows where it went different.While lots of people try to calculate prices/sqft and maybe even rent/sqft, I don't think that is always fair and accurate as locations are different, lot sizes different, and every house is unique in some way.   
Evan Swanson Barriers to Entry Increasing for Rookie Real Estate Investors?
3 November 2021 | 21 replies
You can borrow a lot more principal with much less interest.
Enis Shehu Fix Flip Project / Deal Overview / Sudbury MA
6 December 2021 | 11 replies
Once we got the above plans then we filed for a permit with the Sudbury building department as a general contractor.