Martin Tippet
Maryland Rental Tax Accountant
25 July 2017 | 4 replies
Assuming you have been doing your tax returns correctly for the two rentals you already have (perhpas using a tax preparation software package), acquisition of a third rental property does not change the way you prepare your next tax return.If there is some other complexity that is the reason for your question, other than an accounting issue, maybe an attorney rather than a CPA is better suited to addressing your concerns.
Randy Smith
Why I Switched To Passive Investing Versus Active Investing
30 January 2023 | 22 replies
I had to have regular phone meetings with my property managers, I ended up flying to Atlanta multiple times to meet with contractors, realtors and property managers, and the amount of time that was spent looking for new deals was exhausting.
Didi Siani
TITLE SEARCH MACHINE anyone??
10 November 2014 | 14 replies
With a tax lien I am in first position, other than an IRS lien.
Bryan Greenwood
Construction Rehab Contract Terms and Clauses
26 January 2015 | 6 replies
Certainly don't put that in a contract.If I'm selling the place, I may agree to split a % of the sale price or estimated price, this becomes more of an equity partner than an employment contract.
Devin James
Engagement vs. Down Payment?
29 June 2019 | 93 replies
Personally I would want the security of the well planned house hack investment rather than an expensive ring but I am a practical person.
Ben Vargas
Where are you investing at if you're from NYC?
9 September 2017 | 10 replies
But with smaller chips to play with and less than an hour drive Jersey gets the job done.
Matt Curtis
Newbie looking to get started in Richmond, VA
11 July 2016 | 9 replies
Beyond advising on Immigration issues (pretty significant value added if you're a foreign national), my strongest assets are writing, exhaustively researching a topic (I was published twice in law school), and looking at things from multiple points of view.Thanks in advance, looking forward to working with everybody out there.
Wes Blackwell
Rent Growth in Sacramento is Triple the National Average
25 July 2018 | 17 replies
(You know, all the cool stuff that attracts people like you).Investors start seeing all the money being spent on this sorts of stuff, and decide to come buy up land and create all sorts of new, cool trendy pubs, bars, restaurants, yogurt shops and other stuff you might not expect to find in a city of this size, which attracts even more of your peers.10-20 years from now when 50% of the workforce might work from home, or some high speed rail gets built that connects Sacramento and Stockton to the Bay Area in less than an hour, you'll look back and realize making the move to Sacramento was one of the best decisions you've ever made......And so will every investor who bought property here and the let the appreciation and rent growth boat take their portfolio to new heights.I'm the perfect example... bought a single family home in October 2016 for $260k with only 5% down... remodeled both bathrooms, painted, replaced the AC and pool pump and that's it.
Ron Wayne
First Deal decisions!
29 January 2018 | 6 replies
Additionally, a package of 24 single family properties will more than likely be scattered all over the city and county and the time and effort it takes to manage that portfolio could be extensively more involved than an apartment complex where all 24-units are in one location.
Samuel Carmichael
What does the title look like after a hard money loan?
22 December 2016 | 5 replies
You will be communicating the with closing attorney or title company more closely than an inexperienced homeowner.