Amanda C.
First Time Landlord and Final Inspection
Just wanted to some advice on our final inspection and how you would charge. My husband and I are first time landlords so we are learning. Basically, overall we had good tenants up until the last few months. They beca...
Janelle Byrkit
What questions to ask when choosing a Property Management Company
Good morning all!My husband and I are thinking about investing in our 1st multiplex (2-4 plex) rental. We will not be living in any of the units and the property will likely be 2-3 hours away (Sacramento/ Stockton, Ca...
Jonathan Small
$25,000 Special Allowance for Rental Real Estate Activities With Active Participation
I am thankful and looking for feedback from our professional tax preparers. My wife and I don't qualify for real estate professional status. We make over 150k a yr. We have 5 rentals in seperate LLCs that have creat...
Joshua Ostberg
1099 Rents for a Property Management Assistant?
So I use to work for a property management company last year as a part time job in college. I just received a 1099 from them and it says that all of my pay was in rents? I was under the assumption that I would have be...
Enrico Innocenti
Receiving money from Foreign people
Hello,a friend of mine lives abroad, but would like to invest in real estate with me and share in the equity-upside. My CPA is mentioning FIRPTA as a relevant topic.have you ever received money from Foreign people? Wh...
David A.
Maryland Purchase Sales Agreement for Wholesale
Hi BP,
Does any one have a Maryland Purchase Sales Agreement of Residential Real Estate to be used in wholesale and to be assigned that they could offer?
Michael Plaks
EXPLAINED: 1098s and 1099s for private lenders
This is one of those confusing tax issues that does not have a short answer: do I need to send Forms 1099-INT to my private lenders, and do they need to send me Forms 1098?Part 1: Forms 1098 from private lenders to in...
Sean C.
What is your guy's DM response?
For those who has direct mail experience in the Kansas City Market, or St Louis Market.. What is the general response rate in this area?Postcard?Yellow Letter?Branded professional Letter?
Lynzee Lee
First property in military Town
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $225,000
Cash invested: $20,000
3 bed 2 bath
What made you interested in investing in this type of deal?
...
Dan Handford
Depreciation on Multifamily - Offset Ordinary or Capital Gains?
I am curious about what the concensus is when discussing depreciation on a larger 100+ unit multifamily complex with LP investors? If you have a property that is producing $500K in positive cash flow (income after deb...