Hello Everyone,I have been reading about many topics on setting up S corp for flipping homes. Was wondering what other investors in California have set up for their business.  Are you buying homes under your business ...

I have a quick question. When you are verifying employment by calling and verifying prospective tenants employment, do you ask to speak to someone in hr? Are you asking them how much they make? I am just wondering why...

Hi everyone.  I am in need of a little advice, or at least some options for a more comprehensive software.  This is 100% the area where my skill set is behind the curve.  Let me lay the ground work out.I own 2 separat...

Hello all,I recently lost my day-job due to COVID-19, and I'm considering going full-time investor in. My strategy is to start a house-flipping business in New Jersey to gain capital and once the house market settles ...

Please take a look at the cash flow of these 2 garden style condos. They are less than 2 miles from house and in great neighborhood. 2 pools and fitness/clubhouse. The negatives are that the Ardent line item is a ...

Hi Everyone, I have seen a lot of different posts on this, however, I cannot identify the one that fulfills all of my needs. I am looking for a receipt tracking app (preferably free or limited cost) that has the follo...

Hello!I'm seeking an Accountant with extensive landlord tax experience.I've been doing my taxes myself forever and after some recent conversations with other landlords I'm pretty sure I've been missing some deductions...

When listening to the BP podcasts I often hear about different tax benefits such as:Itemized deductions related to acquiring/managing propertiesHome depreciation tax write offDo these things lower the tax bracket of t...

I am trying to start an S-Corp and have a few questions.

My very first step in the process is to fill out an SS-4

Question 1.

"Legal name of entity (or individual) for whom the EIN is being requested"

For this, sh...

How do you correctly calculate the income growth of a market over 10 years? a) add the percentage change of the personal income for last 10 years divided by 10b) (2016  personal income- 2006 personal income)/ 2006 per...