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Results (10,000+)
Josselyn Jorge Tenant contesting security deposit 9 months later
18 April 2024 | 10 replies
Find out how long they have to contest it and at the same time tell the PM that is it their job to manage the place, so they are the ones who decided how much of the deposit to keep and should have included an itemized bill in the letter they sent.
Jordan Blanton Valuing Equity over Cash Flow
17 April 2024 | 21 replies
As long as you are fiscally secure enough to make that higher payment no matter what, when a 15 is paid off, a 30 still has like 70% left to go. 
Hanah Choi Who are the best in Newark?
17 April 2024 | 2 replies
I am seeking a contractor who can work together in a long-term partnership.
Mike Parker Self-managing in New Jersey
17 April 2024 | 2 replies
@Mike Parker Ive typically put down my local handyman, as long as they are aware.
Kunal Lakhwani Theft in vacant property
17 April 2024 | 2 replies
How long has it been vacant? 
William Coet Multifamily Prices so High that Only Cash Makes Sense, But Why Not Put Cash in CDs?
21 April 2024 | 47 replies
Good location, appreciation not guaranteed for the next several years.  895k asking price. 101k gross annual incomeExpenses: Insurance: $4,898Electric: 2,579Water/Sewer 5,085Fire Alarm Connection 708Property Taxes (if/when assessment is adjusted to sale price)-31,95130 Yr mortgage (20% down at 7.75%) 61,560Maintenance, Long-Term Capx, vacancy- 9,000 (this is probably a bit low)Total annual expenses: $115,781
Robert Woodyard Out of state rental
17 April 2024 | 1 reply
Purchase price: $151,000 Cash invested: $36,000 Out of state triplex buy and holt for long term rental.
Jonathan Small How to account income from multiple properties on a single 1099
17 April 2024 | 6 replies
As long as the total income reported on your tax return matches or exceeds the total income reported on your 1099s, and you have documentation supporting the breakdown of income by property, the risk of audit or inquiry may be relatively low.Pros of the approach:Compliance: Helps ensure compliance with IRS reporting requirements by matching the total 1099 income on the tax return.Risk mitigation: Reduces the risk of IRS flags or inquiries related to unreported income.Cons of the approach:Complexity: Requires additional documentation and statements to reconcile the reported income with the 1099s, potentially adding complexity to the tax return.Time and cost: The additional work required to prepare separate statements for each property may result in higher accounting fees.Ultimately, it's essential to weigh the pros and cons and consider the specific circumstances of your situation.
Angie Castro Staying Creative when investing in Real Estate
17 April 2024 | 2 replies
This is a great cash flow for our local market, and we are using a mix of STR and long-term rental to achieve the best results.
Rojelio Raymond Ayala Introduction to BP community.
16 April 2024 | 7 replies
I just closed (yesterday 4/15) on my first long term investment property.