Hi,I am starting out as out of state REI and am realizing that there is a lot of money that gets spent in doing due diligence on a out of state property. For. example airfare, lodging, property inspection, appraisal e...
Recently, I received a bill for over $2000 worth of work from my property manager. The contract states any work beyond $200 requires notice and approval from the owner. If I wasn't notified of the work and the cost as...
ok so I sent out about 700 yellow letters to absentee owners. The copy said my partner and I would like to buy your house cash. I must have taken like 25-30 calls ( i should have counted better) the letters were bo...
Hey everyone! I'm looking to get my first investment property - so far I sat down with a few credit unions and 1 corporate bank just to see what each one has to offer and just get pre-qualified; based on my 3 credit ...
As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...
Hello everyone! My husband and I are new investors and are currently looking for our first property. I found a triplex that cash flows, however the seller is requiring proof of funds and that an offer be made before t...
Hi All,Is it possible to Rollover a pension payout to a real estate investment account tax-free?Any direction on this would be greatly appreciated!Thanks,Stephen
I remember someone mentioned here that they would never rent to a lawyer for a variety of reasons.I tried to search for that thread but no luck.What about a cop, if you are concerned about a lawyer tenant would you ha...
Hello BP,I am considering withdrawing money from my IRA pursuant to CARES Act. According to the Act, one has to qualify to be eligible. Besides the obvious qualifiers such as being infected by the virus or losing a jo...
Hi everyone my wife and I just bought our first home in South Philly. The home is 13’ wide and 36’ long. It’s very tiny. But in a great location. The house actually was added to in the back near the kitchen about 6’ a...