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6 March 2024 | 8 replies
Please read the article on chapter 13...https://www.uscourts.gov/services-forms/bankruptcy/bankruptc...
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5 March 2024 | 2 replies
Hi Caleb Rehg,If you have employees you will have to pay quarterly PAYROLL taxes, but these can be taken care of by a payroll servicer such as Gusto or ADP.Otherwise, if you expect to have a substantial net income from the rental property at the end of the year, you may opt to make quarterly estimated tax payments so that you that you don't get surprised by a tax amount owed with your tax return.
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6 March 2024 | 18 replies
While property management has its place, it is very expensive for the services provided, and the job is really easy to do… so we do it ourselves (for 37 units).
5 March 2024 | 3 replies
You can find services that charge $50 per year for this.
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6 March 2024 | 0 replies
Listings allow you to advertise your property for sale, and it is typically the first impression a potential buyer has when discovering your property.
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5 March 2024 | 4 replies
I think developers do well when they sell, but in my opinion is more risky than a typical flip due to the time that it takes.
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6 March 2024 | 12 replies
Typically rates are better and you can go up to 90% LTV from your primary house.
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5 March 2024 | 2 replies
Hey @Tom Sehon, Given we are accountants, we cannot promote our services on BP as its against the rules.To help in your search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.
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5 March 2024 | 5 replies
The best accountants and CPAs will be able to offer you a secure document transfer system in order to keep your sensitive information safe, and also be able to conduct their bookkeeping and tax return services electronically as well, saving both time and money.In my personal ventures into real estate, I have started several LLCs and would be happy to share my real estate experiences with you.
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6 March 2024 | 22 replies
That's a great creative idea to propose it as a long-term rental, as opposed to the typical arbitrage terms.