Xavier A. Malave
What state has less requirements for starting a property management company?
17 February 2024 | 3 replies
Me and my girlfriend (real estate agent) are looking to start our own Property Management Company but it looks like most places require either a Brokerage licence or have a Brokerage in charge.
Ray Slack
1099 Rental payments from management company
17 February 2024 | 2 replies
for example if I have a property rented for $2000 a month and I charge 1 month rent as a turnover commission and 10% of each monthly rentals as a management fee I would send my owner a 1099 for the full $24,000 and they would just line items the turnover commission and monthly management fee as an expense on their schedule E , correct?
Richard Tyler
changing title from my personal name into my single-member LLC
15 February 2024 | 2 replies
Now, I would like to change the title on this property from my personal name into a single-member LLC which I own 100%.
Jack Seiden
Gaithersburg new ADU laws
17 February 2024 | 7 replies
On the positive, 15 units built on a small lot can be built at a much lower unit cost than adding a single small unit to a single family home.
Josh Casari
How to Finance Two Separate Houses One Deed?
17 February 2024 | 6 replies
.- Property receives one set of taxes- Both houses are approximately the same sq ft. (1300)- Two single-family homes, not attached (two different addresses)- Property size 0.45 Acres- Township won't allow subdivision unless each house sits on 0.5 acre lots- Will reside in one house upon purchase, and will rent out the second house- One house currently rented out for $1,400 a month with a one-year lease- Purchase price $260,000Looking for ideas or best ways to finance this type of property!
Jennifer Holdsworth
New to Investing in Real Estate
17 February 2024 | 4 replies
Utah is a hard market for long term single family rentals to cash flow, so it's been difficult so far.🏠 I got interested this last year after my parents had to move again from their rental, as the owners decided to sell.
Mike Morehead
STR in Cape Coral
17 February 2024 | 4 replies
There is a Big build going on with the "Seven Islands" and when its complete it will increase the growth and appreciation in and around Cape Coral over the next 3-5 years.If you are up in Minnesota you can always use the Vacation Home loan to only have to put 10% on any single family.
DS MokNgo
Accountant advise for foreign investor
17 February 2024 | 3 replies
But I use to be able to link the property management portal to my bank account in case I need to contribute fund to the property management company's account.My accountant is willing to charge a small fees and handle the above payment for me, however I might have a bigger amount due to IRS after completing the 2023 TR (for capital gain tax), so I am not sure if I am comfortable to send my accountant a large amount and she then pay IRS.Also would anyone recommend any good / reliable accountant for my TR 2022 and 2023, who is also familiar with FIRPTA withholding?
Alice Chen
Sending tenants to collections
17 February 2024 | 4 replies
Those with reviews likely accept single claims.SSN & birthday can be found by the collection agency.
Alex Booth
How To Sell A Portfolio of Single Family
15 February 2024 | 10 replies
To me this is the hardest thing with a single family portfolio is liquidating can be hard.