Vilson Nikollaj
What tax documentation needed when paying referral
I closed an out of state wholesale deal and paid a local partner from the profits to handle everything. I plan to deduct that amount from my profit on the deal, but I wasn't sure if I would need to submit some documen...
Westin Hudnall
Renter Property Management For Dummies :
This dummy has not used any application to track rental income/expenses etc. I am thinking about looking Into quickbooks to help track the numbers on my buy and hold portfolio but I don't know much about it.In lamens ...
Vicky Blacknall
Moving paper
I'm loving all the good advise, scenarios and just plain learnin' here. Thanks to all of you experienced people for sharing. Especially, when you come from opposite sides of the track in your thinking. It makes for...
Denis Churchill
Hiring Day Labor Without Soc Sec Number
I was wanting to know, if we hire day labor on a daily basis that they don't have a social security number, how should we be doing this as far as the taxes go ? If they are paid with cash out of an ATM at the end of t...
Keaton Appel
Application Fee Question
Hello everyone! I know this is a very basis question but how do you guys recommend collecting application fees for a beginner? Thank you!
Mark David
5 CA tenant/landlord questions for a pro!
Hello friends! As a renter, I have a few really important questions.....1) Here in Los Angeles, if I paid a $2000 security deposit and my damages upon moving- out were more than $2000, can the landlord invoice me for ...
Katie M Reece
Still waiting for appraisals!
Hello! I'm wondering if anyone else is stuck waiting over a month for an appraisal? We were supposed to close 3/23 but our appraisal didn't get scheduled until 4/8! Sellers are not happy and I'm wondering if there's a...
Jennifer Rysdam
Do you 1099 tenant that gets discounted rent for maintenance work
I have a tenant that gets a $200 discount on his $500 rent for taking care of the lawn and snow. I'm not sure if I should 1099 him for the work ($2400) and still count the whole rent ($6000) amount as rent, or if I sh...
Jared Burns
Philadelphia Contractor Agreement Form
Anyone in or around Philadelphia have a form of contractor agreement they like to use for GC’s in Philadelphia, including indemnity and insurance requirements, and drawdown schedule? Thanks in advance!
Jackie Kwapsiewicz
Funded Deal - 2nd position on an Office Building
Investment Info:
Large multi-family (5+ units) private money loan investment.
Cash invested: $600,000
Funded: $600,000
Terms: 6-monthly interest only bridge
loan wit...