I had to transfer monies into my rental SP LLC to replace a roof. In my accounting book, I labeled it "Investment by Owner (roof replacement)". Now, each time I can withdraw from this rental surpluses, I generally la...
Just curious if any other mom and pop investors lost rental income due to the eviction moratorium. I only own two units and one tenant didn’t pay for 10 months because of the moratorium. I was eventually able to get...
How can I account for a reimbursement for a non employee who is a subcontractor, can he be reimbursed in the first place? And is that reimbursement tax exempt for the subcontractor and tax deductible for the owner.
Can I use my personal credit cards for business expenses and somehow expense it to my LLC bank account? I really like the points benefit I get from those credit cards (i.e. Chase Sapphire Reserve, AMEX Platinum, etc...
I started an LLC and when I close my first deal, I want to pay myself back for all the expenses that came up when starting the business.
If I needed to hire an independent contractor for a few things, is this also s...
Tomorrow I close on a house using a conventional homestyle loan. It’s about 4 weeks later than my original close date. My lender said I should expect to hear from Land Gorilla about getting my renovation funds within ...
Good afternoon BP people!Does Re/Max offer ANY eduaction assistance with Pro Schools specifically? I can't get a clear answer.Thanks!
I had my house under contract in TX but the buyer backed out during signing. I have spent around $6k to fix few things that the buyer wanted. The buyer is willing to reimburse the expenses so that I dont take him to t...
My elderly, long term tenant died. His only relation doesn't want his things, and apartment is in bad shape. Can't rent until I get rid of his stuff. How can I get money from his estate to recoup my expenses?.
Can tenants be forced to pay back the credit they received off of their PGE electric bill because of the solar panels on the property?