Hi, I am seeking a real estate agent that lives in Pinellas County, Florida (St. Petersburg area). I have a list of properties that I need comps done on, and would like to pay the agent an hourly fee to complete the c...
BP Community,I recently did my first private money deal (as a lender). The borrower is someone I know personally, and we intend to do additional deals together in the future. We stumbled through this first one togethe...
So I am trying to get my "team" together as I develop my r/e career so I quit using a vanilla, nonspecialized tax preparer and hired a CPA and spent $500 for a few hours of her time for QB set up assistance. I keyed i...
I get asked a lot about how hard is the State Real Estate Exam. How should one study and prepare for the exam? My advice is always to visit www.nightbeforetheexam.com at least one week before taking the exam. The site...
So my first rental will be the house I have owned for the last few years. When making it a rental, do I need to change anything with insurance? Prefer not to be sold on something else if not needed. Sorry for such a...
Hello,
I recently received news from my property management (PM) company that they have initiated an eviction process against my tenant due to non-payment of rent, despite several attempts to resolve the issue. While...
Hi all, just closed on my first property last month and have been tracking all associates expenses in excel. Have been reading the Tax Strategies for Savvy RE Investor book and they recommend using Quickbooks Pro. Was...
Hi, Can someone please fill me in on the details of how to form an LLC for buying a real estate from filing for to closing? We have studied and decided with a CPA that we will form an LLC, so that`s not a question, bu...
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...
I am trying to figure out this difference between these two pros. I saw a Youtube video about this topic. I am also concerned my CPA may not have enough knowledge how to save me the most in taxes, and or educate me on...