I have done tax prep for 7 years and the rentals are always a low value, high input tax return. The client thinks bringing in a wad of receipts is legit and you're stuck categorizing everything in excel while thinking...
Hi! My husband and I are preparing to establish an LLC for our buy-and-hold rental properties. Does anyone know how Virginia taxes LLCs comprised of a husband and wife? (e.g. sole proprietorship, partnership). Thanks ...
I have been investing in real estate for 11 years now and have 11 rental properties. I didn't listen to the advice in rich dad poor dad to hire a book keeper early when things are small. Now I am paying the price. Tax...
Hi everyone,
It's tax time - and it's giving me a headache! I know there are so many other/bigger issues happening right now, but unfortunately taxes are one of them for me.
My situation: Have a Real Estate Invest...
Hey BP, I could definitely use some help with what I'm trying to do. I have a rent-to-own website that brings in organic leads on a weekly-basis. I would love to touch base with someone on strategies on how to monetiz...
Hi I placed a renter using a property management company and now I need to renew their lease. Does anyone know where I can get a good template? :) Thank u
Ok I have set up my LLC- I have my Tax ID # and my "Articles of Organization"....is that all that's needed? Is the Article of Organization the bylaws or is that a different form? Sorry if this is a dumb question..Txs
How do I keep all invoices and bills organized on my first big development project? Any suggestions on apps or tips that will help.
Before I jump in to this investment property journey, I’m curious to learn how you set up business expenses, rent collection, update costs, etc organized so it’s easy for tax time and analysis.are there programs or sy...
Hi Folks,How much did YOU pay your CPA for tax preparation and filing 2016 taxes?I just got my bill from my CPA for preparing my 2016 taxes - $4,200. Feels steep to me. I am filing in California and I bought one n...