Eamonn McElroy
IS your rental a trade or business (IRC Sec 199A/QBID/20% Deduct)
BP Community,247 pages of final IRC Sec 199A regulations, 39 pages of new proposed IRC Sec 199A regulations, a new Revenue Procedure related to W-2 wage calculation for 199A purposes, and a proposed Revenue Procedure ...
Chris A.
Business Process Help
Haven't been on BP in a while, but thought this would be a good way to refocus. Would anyone be wiling to share resources, templates, examples that could be used to help develop a business process manual?I'd like to c...
Luke Hoffman
Standard operating procedures
Hello!My wife has requested that we have standard operating procedures. I am currently writing them out. I have tenant move in/move out, maintenance, tenant screening, rent collection, turning over a rental, tax time....
Andresa Guidelli
Standard Operating procedures
Hi folks,For those of you who already implemented SOPs in your business and for those who are in the middle of the process...What tools, books apps or methodologies did you use that made a difference in regards to gat...
Nathan Gesner
Operations Manual for PM company
Does anyone have a sample Policies and Procedures I can use as a starting point for my PM company? NAR has a sample manual for real estate, but I can't find anything for PM except for a very nice one that sells for $...
Travis Hargreaves
Creating a Business Plan
Quick question. After much reading and listening to podcasts real-estate will soon be apart of my life. As with the E-Myth I would like to devise a business plan with policy and procedure in which to not only show my ...
Chris Sanchez
Breaking a Lease in California
What is your policy (and/or procedure) when your tenant breaks their residentail lease?P.S. Hey Friends, this is my first forum post. Looking forward to learning from you all!
Jared Pinkus
From Hobby to Business
I'm new to investing, closed my first deal just a few months back. I've made what seems to be a common mistake by treating this as a hobby rather than a business. I'm taking some time before finding my next deal to fo...
Edwin Lastra
Looking for my first flipping
Good day to everyone of you.
I reside in the DC area, and I'm looking to start investing in VA or MD area. Currently searching, primarily for areas within the Tristate Area. My aim for the upcoming year is to buy my...
Christopher Griffin
Forming out of State LLC
I have a basic question of forming an LLC out of state for rental properties. I will eventually be utilizing the guidance of an attorney to cover all my bases, but I'm looking for some initial insight. If I am going...