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29 January 2018 | 1 reply
If they are disregarded, and the properties are filed on Schedule E of your personal tax return - then you can combine 1099s, using your SSN (not recommended) or your EIN.
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30 March 2018 | 10 replies
Just to be safe on your end as well you can insert a clause into the initial contract agreement stating that anything that goes past the agreed schedule scope of work (time wise) can be an additional amount per day.
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24 October 2018 | 7 replies
@Mark S.In my 20+ years of working exclusively with investors and representing clients before the IRS, I have never seen the IRS raising an issue about 1099s for Schedule E landlords - despite the fact that the form itself has a specific checkbox.Also, there were proposed rules a few years ago that specifically required 1099s from landlords - which sort of hints that the IRS did not consider them mandatory without the new rules.
18 January 2018 | 21 replies
Account Closed I use Merry Maids for cleaning and they have everything already dialed in from an invoicing and scheduling perspective.
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11 March 2022 | 12 replies
In the residential space there are few, if any, 'A' list lenders (schedule 1 banks, major credit unions), doing portfolio loans these days.
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13 July 2016 | 3 replies
It would serve you better to ask for prior years Schedule E to get a good idea of what the past has done and you create your own pro forma based upon your numbers of what improvements, cap ex, and raise in rent could do for the property.
19 April 2022 | 9 replies
Have an attorney at ready in case she refuses to leave on the scheduled day.
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4 December 2022 | 11 replies
You can appeal the rent schedule with rental comps, but it is tough as some appraisers do not like change their report no matter the evidence.
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21 April 2022 | 2 replies
While occupancy last month was at 70% when we closed yesterday occupancy was up to 93%, with several more move-ins scheduled for the new owner.
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19 July 2022 | 5 replies
I’m scheduled to close tomorrow on a 2ba/1ba house in Big Bear City.