Brian H.
How do you all have QuickBooks set up for flipping?
23 November 2018 | 7 replies
It gets a little involved and believe others may do it differently.
Nick E.
Property management recommendations for Charlotte, NC
2 April 2018 | 3 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
Jenny Moore
Property Management vs Managing Ourselves
31 March 2018 | 11 replies
Any thoughts on getting eyes on this property from several contractors without getting PM's involved- or do I just need to get a property manager that is willing to put a lock box on without signing a contract with us.
Anne Cantwell
New couple to invest in buy-hold cash buy SFRs in Rochester, NY
26 April 2018 | 28 replies
Would you suggest any other tactics that involve buying but not completely in cash?
Santiago Lozano
Getting started with a CPA
30 March 2018 | 4 replies
However, you will be required to file a non-resident state tax return in the states that you own the properties.Proximity of your accountant isin't as important as getting the right accountant who understands real estate taxation.
Bernard Chouinard
Suing a seller for violating purchase agreement?
2 April 2018 | 7 replies
You could sue for specific performance if the seller violates the contract, but as @Jay Hinrichs stated, it could be costly to get courts and lawyers involved.
Alexis Renny
Inherited tenants w/ signed termination letter refuse to leave
31 March 2018 | 13 replies
If they do not leave, go to the courthouse and file an eviction action on Monday.
Lauren Keen Aumond
Home Office Deduction??
2 April 2018 | 5 replies
@Lauren KeenTax Strategies for the Savvy Real Estate Investor is good book and does make the investor think about deductions he/she is entitled to.You are entitled to a home office deduction if you had an area in your home that you used for your business(file cabinet to save tenant files, office desk to take and place calls) that was regularly and exclusively used for your business.There is one caveat with the home office deduction.
Jordan Page
3-Way Partnership - Birmingham, AL #newbie
31 March 2018 | 3 replies
Take a look at an operating agreement from an LLC (you can find in the files on here) that spells out these things in detail.
Scott Michael
Can you wholesale deals on the MLS?
2 April 2018 | 8 replies
I've seen some wholesalers say that they are consistently getting deals on the MLS- their method involves making LOTS of lowball offers.