Kelly Cruz
QuickBooks Questions – How do I do this and that???
Hello – I’m getting started with QuickBooks Pro. Many of my questions I find answered online, but there are some I can’t find answered anywhere. I'd like to open a discussion about some of the questions I have and h...
Brian Wobbe
Opinions on splitting rent with a partner
I have a friend that mentioned buying a house (duplex) to rent. I have the money, he has the time. He seems to be good with handling the tenant end of it if I provided the financial end. The recently renovated house i...
Peter F.
Property Manager Under Broker - Commission
Hello BiggerPockets!I have learned so much from the forums and apologize upfront for not being a greater contributor. Would you mind sharing any advice or experience that you have with paying Property Managers a commi...
Ryan Mortimer
Partnering with a Realtor
What is a good way of splitting profits for flips if I partner with a realtor?I ask because I recently had a realtor reach out to me that I've worked with in the past who wants to partner with me on a flip. He is seas...
Philip Kickert
Need help with percentage split with no or little money for deal.
I am new to investing and my wife and I were getting ready to buy our first investment this year. Unfortunately I lost my job last mont before we could get started. Plans had to change but I am still pursuing investme...
Michael Jones
Partnership and taxes
So my friend and I plan on embarking into the world of rental properties and signing a general partnership agreement. My question is if one of us purchases the property and the partnership agreement splits all income ...
Christopher Schmidt
Separating Water Meter - Rochester
I have two duplexes in Rochester NY each with only a single meter for water. Combined it's about 225/3 months I have to take in the costs for, I was wondering if anyone has been successful (or if its possible) in ...
Jonathan Smith
Tax question regarding hard money loan
A friend and I both provided half of the capital for a hard money loan used to flip a house. He is a real estate agent and got to list the property as part of the deal. In addition to the interest income I received ...
Christopher Nerio
How to best handle boarder income?
Hi, I rented the rooms out in my basement this past year and collected $16,200 in income. How can I best handle this income, come tax time? It's obviously a good chunk of money that will be added to my income but have...
Christopher Albritton
What kind of return is typically promised to investors of rental properties?
Say I've a quad that I have no money to put into, but I have an investor who does have the cash. What is a typical arrangement between the investor and I? Once I buy the property we split half of the monthly income...