Hi BP,All the brand name CPAs like Provisions, Mark kohler or evne Clint Coon's firm charges around $8K-$10k for LLC real estate tax filing. Those are famous firms and I know those are also for big busienss people. Fo...
I sold one of my rentals with a mortgage wrap last year. I hold escrow for the buyers. I am certain that I need to provide the owners with an end of year statement showing how much they paid toward the loan amoun...
Hey everyone, trying not to jump in the deep end before I can swim but my personality is to get over excited and ignore the warning signs. Hoping you all can sanity check me. After about 6 months and a few offers on d...
Hey all, currently own four Florida rental properties (one triplex and three SFHs). I created a sole-member LLC to own and manage the triplex, and then created a second LLC to own two of the SFHs. The last SFH deed ...
I've been approached by Prem Singh of Prem Singh & Sons, Inc. of NY about funding my flips. He is offering 100% financing at 6%, but the catch is that I have to pay a loan origination fee up front before I can get...
I'm helping a friend start to get her books in order. I have some experience with Quickbooks Online, but not for RE. Has anyone purchased a course by Gita Faust at FastTrack Consulting called "Flip with Quickbooks O...
Does anyone know if the successful buyer of a tax lien becomes responsible for back lot rent once they obtain the property deed?
I'm a newbie, and need some input (please). I have found a property being sold at auction on Tuesday that I am interested in. I have purchased a title report, and the property shows that there has been one loan taken...
I just closed last week on a duplex in Victoria, TX that came with 3 lots attached. These lots are identical to the one the duplex sits on and is located off of a highway. The oil field rush in Victoria is taking over...
I'm preparing to close on an 18 unit residential building. An attorney quoted $3,000 to represent me a closing. Does this seem around what the fee should be? Thanks!