I always tell my tenants never to try to fix anything themselves and to call my full time maintenance person. That's why he's on the payroll and he'll answer his cell phone pretty much any time of the day. He has...

I have a dilemma with my contractor on a duplex flip. The current situation is he is off the job because on a health issue. He called earlier this week asking for more money in order to meet payroll. My fear is he wil...

Looking for some advice on finishing my 2020 tax return.
Here is the situation:
In 2020 I became a realtor and also acquired an investment property. 2 different activities that need to be reflected on my tax retur...

Hi All,

I am in the process of wrapping up my first project. As expected, I had some troubles with the GC on quality of work, what was agreed to VS what was done, etc. I have met a lot of good workers in di...

I am interested in getting into rental investments via house hacking. My eventual goal is to own a portfolio of properties outside of my personal residence, but the first two properties I buy will likely be house hack...

Dear Experts,I had a tenant who was two months behind and under the threat of having an eviction on his record agreed to voluntarily move out and pay the owed amount at a specified later date. I drafted a document usi...

I have watched a youtube video that the CPA talked about forming a S corp and dump real estate agent commission into the S corp and pay less tax etc etc. my Question is, for most real estate agents, they are not the o...

I am sure this is a common problem for self-employed individuals and I am hopeful to get some guidance from the folks on the board who have been where I am right now. I am at a point in my business life were I am ...

What is the best computer software to use when keeping up with rental income, expenses, etc???

Is this strange?
The PM does not have employees, they only have/use independent contractors. So

A) there are no employees so none could be my responsibility? or
B) responsibility could be mine if the independen...