Chris T.
Using a 529 plan disbursement to pay for a rental
26 September 2016 | 15 replies
I obviously will still be paying taxes on the rent as income just like any other property, but will have foregone any capital gains taxes on the earnings of the 529 investments as opposed to if it had been in a taxable account.
Gianni Laverde
Appfolio - ACH transfers to New York not possible?
2 September 2016 | 0 replies
The PM uses Appfolio and when trying to set up the ACH transfer to deposit rents to a bank account in NY, Appfolio (which is based in CA) stated to my PM that they can not do ACH transfers to NY because of 'NY Banking Laws' but they didn't provide to her further information on that.Has this happened to anyone else whose PMs use Appfolio or other similar app to get deposits from Out of State to NY or any other state?
Jared Smith
locating absentee owners at specific addresses
2 September 2016 | 2 replies
Some counties have this info online, and others require you to go to the physical location of the county assessor's office and request the info.
Bill Renner
Getting your license
6 September 2016 | 3 replies
I qualified for my clock hours for the test from Rockwell which was great because it's online and at your pace.
John Holandez
**** New Member from New Jersey ****
3 September 2016 | 7 replies
I am a Junior Accountant in New Jersey, and I became interested because I want to achieve the financial freedom I've always dreamed of for myself and my family.
Blake Catanzano
Here's my backgroun, How should i proceed?
5 September 2016 | 16 replies
Sounds like you have a good tax accountant already and are on your way to a good team.
Dave Blackman
REI CPA recommendations
7 September 2016 | 1 reply
I would check out yelp.com first and foremost, or do a google search, i would think that accountants who are savvy would be up on SEO.
David Cornett
Reasonable terms for seller financing
4 September 2016 | 10 replies
When you account for all the expenses and can still make money then that is what a good deal is.One more bit of feedback, Make sure you have some room by buying for less than its worth. 70% of ARV is most common for cash purchases on buy and hold properties,but you can go a little higher when financing is involved.
Daniel Barroso
How do you transition from Personal to Business Credit
2 September 2016 | 0 replies
I just opened my new Business checking account/ with EIN.
Alexander Barcenas
New Member from Miami, FL
3 September 2016 | 4 replies
What hurts Investors that use this formula is it does not account for Holding Costs, Backend Selling Costs, etc.