I’m working on getting away from spreadsheets and testing stessa. Does anyone have experience in the STR with Stessa that would be willing to give me some pointers? I’m using a property manager so I only see the net ...
Hi all:I was hoping to raise the rent on my income property but I have never done so previously. Tenant has been there almost 2 years. I was wondering what is the maximum I can raise the rent on a month-to-month agr...
I think I am getting the hang of this, but it is still wishy washy in my mind. The on site people at a complex are going to do the day to day work, and the "property management" line on the expense line are the ones ...
Tax Question (two scenarios) - Question builds so please read all three bullet points and provide feedback:
1) Capital Gain – seller purchases a property for 40K. 20 years later property is fully depreciated and se...
when there's a late fee policy of a % of the rent and a partial payment is made. Say rent is $1500 and only $1000 is paid. Is the % on the total rent or just the unpaid amount. Ex: say the fee is 10% Rent is $150...
Hi All. I am looking to get started investing in real estate and not sure exactly where to start. I am in South Brunswick, NJ (Middlesex County). Wholesaling seems like a great place to start but I am not familiar ...
My wife and I live in Livonia, Michigan and are making to push to get out of analysis paralysis and into taking direct action in securing our first investment property. We have been in the education phase for quite s...
I am considering buying a property in the Myrtle beach area since it seems like it’s an affordable are with good cash flowing properties but it seems like the crime rate is above the national average. I noticed that t...
@Linda WeygantI have a couple of questions and know exactly the right person to ask so I've tagged Linda Weygant a CPA that was on podcast #244. Definitely my favorite podcast by far not sure if that is because I'm an...
I purchased a turnkey investment property mid December 2016 and now it's time to file my taxes. In hindsight, I should have probably waited to make the purchase early January to avoid this issue, but I guess you live ...