The IRS has placed a temporary moratorium on the Employee Retention Tax Credits (ERTC) until 12/31/23 at a minimum. Hopefully this article answers some of the questions you may have.
Why did the IRS implement this pa...
Hi, The PM company we signed on has a clause to add them as 'additional insured'. Is this something OK to do? Any risks? Any insights please? Thanks in advance.
I recently had a water damage in my property. The Insurance company sent in a check for the Actual Cash Value. I hired a private adjuster as the initial claim came very low. I got additional funds however, I negotiate...
A friend who is an extremely successful RE investor tells us that umbrella policies aren't necessary, based on his experience. Advises if you want more liability coverage, just add it to the LL insurance policy. A mi...
If you're a real estate investor looking to maximize your tax savings and boost cash flow, cost segregation might be your secret weapon. Here's a case study on a 6-unit apartment building that shows just how much you ...
I was under contract on a duplex in Missouri and the financing fell through.
Its within the 45 day Loan Termination Deadline period, and the sellers agent was made aware.
Long story short - the seller got mad and i...
In California. I am in process on a refi of a 4-plex rental property via Finance of America Commerical. We've already completed appraisal. FoA is requiring they be listed as "additional insured," which my insurance po...
Hello BP World,I have been selling properties on land contracts to other investors who rehab them and need a little guidance on what needs to be in my contract in terms of types of coverage. 1. I originally thought ...
Hello all, I have yet to speak to an accountant (looking a new one) or a lawyer (had one and was not reliable) about this but I wanted to ask. I have a few rental properties that I own. I have LLC's for each one, but ...
Sorry if this has been asked before...maybe I'm not using the correct keywords.I am confused about the mortgage interest tax deduction. I understand that it allows the interest on a mortgage loan to be deducted, but h...