Jose Hammer
Qualified Business Income Deduction for Rental Property
20 March 2024 | 2 replies
*The taxpayer maintains contemporaneous records, including time reports, logs, or similar documents, regarding the following: hours of all services performed; description of all services performed; dates on which such services were performed; and who performed the services.
Tom Pubins
Property marketing manager.
21 March 2024 | 9 replies
Now that my client list is expanding and rentals aren't going as quick I need something to organize better and that goes out to more than 3 sites.I use Follow up boss but I'm trying to keep the rental side separate because I lose track of a lot when combined.Any low cost or free programs that meet my needs?
Lauren Ruppert
Contractor using undocumented workers...damages property...
20 March 2024 | 4 replies
They will make him wish he had never been born :-)https://www.wikihow.com/Report-Employers-Who-Hire-Illegal-Im...
Elijah Tisdale
Hard Money Loan - Underwriting issue!
22 March 2024 | 11 replies
If you need a 2nd or even 3rd opinion on a loan options please feel free to reach out.
Christian Aillon
Refinish enclosed rear porch? Do I need permits for this?
22 March 2024 | 6 replies
@Christian Aillon you got some great advice from @Samuel Pavlovcik for free!
Arwin Nassiri
Investing in Tulum?
22 March 2024 | 132 replies
We looked at their property and it seems like a good deal - $332k for a 2BR penthouse with private pool and ability to lock off, free shuttle to ziggy’s with free beach access too.
Joseph Almeida
LLC bank account while being recognized as a S-Corp
20 March 2024 | 5 replies
Not a CPA or tax professional.I’ve never audited every single line item of my S-Corp tax returns for over 18 years, and I’m truly curious why it really matters in one years instance, what corporate account was used to conduct business, as long as the financial information is accurate and correctly reported from said dedicated business account.This should be a separate issue from proper and legally correct business operations, ie a checking account with correct tax ID, no outside commingling of funds with self or other business entity.
Brendan M.
What are the tax implications of paying myself to property manage?
19 March 2024 | 22 replies
We manage our members property free.
Andriy Chuchman
Multifamily property in Chicago. House hacking.
22 March 2024 | 11 replies
Please feel free to DM me with any questions!
Sharon Witt
New Community Member Interested in JV.
21 March 2024 | 5 replies
Feel free to reach out with any questions!