Hi Everyone! This is a tax/legal mix question. I'm curious as to what type of corporate structure(s) BP members are using when working with Private Investors of short term (Less than six months) residential home fli...
I am looking National Association of Residential Property Managers (NARPM®) to find rental property manager. What I need to look for finding a great property manager in this site? Any other suggestions/thoughts to fin...
Hi All,I know that when you receive a prepaid rent, you treat that as an income on the year that you receive it. However, what if you use the property manager, and they are the ones that receive the prepaid rent and ...
Hello BP! I'm seeking input from a CPA or tax professional that might be able to help me regarding claiming expenses on an investment property. I'd like to know how much I can expect to receive back from taxes after c...
I have rented my condo in august 2013 using property management service.
Tenant paid whole year in advance ( lump sum/single payment ) .
I have received sum of 9000$ from property management and that is aft...
I am a real estate agent, I flip some properties in 2010. One of the property I bought , after the fixup I sold it as seller finance deal in 90 days. I need advice on if I may claim as a real estate professional or a...
Hi,I'm receiving a small money gift form my family abroad and since I'm an property investor I was thinking of using that money towards another investment property. Is there any problems that I will run into with the ...
I am wanting to get my realtor license soon and this company seems great for what they offer. What else besides getting my license will I need to have access to the mls. I have found that I move too fast for realtors ...
Hi Columbus investors. Anyone in the group running their properties as fully furnished mid-term rentals (outside of traveling nurse programs)? I recently received an inquiry about one of my properties from summer inte...
Is there a way to structure a scenario where a long term tenant of a single family home can receive homestead exemption? Is there a way to do that?Thank You.