Treza Edwards
Cash Flow Corrections
14 January 2025 | 6 replies
How can I correct cashflow issues if I have 3 properties?
William Taylor
[Calc Review] Help me analyze this duplex in Michigan - are these numbers correct?
12 January 2025 | 12 replies
Your specific variable expense assumptions are wrong, BUT you stumbled into them being correct overall.Also, you are approaching this correctly - entering in the numbers to generate a purchase price that meets your metrics:)
Noyessie Hubert
Am I understanding this rent control law correctly
26 December 2024 | 2 replies
Hi @Noyessie Hubert that should be correct.
Joe Pierson
The Correct Funding
24 December 2024 | 6 replies
HI,
Is opening a LOC on my primary a good option to fund flips or is there a better solution to get the funding? There's no charge to me to get these funds except a yearly fee of 200.00.
Thank you
Clifford Pereira
Real Estate Professional (REP) Status guidance
27 January 2025 | 7 replies
California views all rental activities as passive activities, regardless of whether you qualify for Real Estate Professional Status (REPS) under the federal tax code.You are correct in that the minimum hours required for REPS are 750 hours.
Kevin Brown
Best Accounting Software
27 January 2025 | 6 replies
Transcribing transactions from bank statements, posting transactions to the correct accounts, and then manually creating an income statement, statement of owner's equity and a balance sheet is a fairly time consuming process and I have not been able to keep up with the book keeping between my regular work responsibilities.What accounting software do people recommend?
Tony C.
Filing a 1065 Partnership return Husband/Wife vs Schedule E
19 January 2025 | 42 replies
Correct.
Garrett Brown
What is your biggest struggle in the STR world right now?
26 January 2025 | 48 replies
It took a few months to correct it but they finally did.
Nicolas Tow
Re Zoning Property from RS-3 to RT3.5 or RT 4
23 January 2025 | 9 replies
Quote from @Samuel Pavlovcik: @Nicolas Tow Your Architect is correct that it sounds like the only option for you would be to obtain a Zoning Map Amendment to change to RT3.5 or higher.
John Friendas
Rooming House Passing Conventional Appraisal as Single Family
22 January 2025 | 4 replies
If you are trying to get a cash out refi, I would think the bank would want to see the correct type of insurance for the business you are running.