Caleb Bryant
How do I hire a rockstar?
It occurred to me that I have no idea how to find good people to hire and I figured I'd hop on here and see who has advice! I am a real estate entrepreneur that's been investing since 2015, but until 2018 I wasn't con...
Tricia O'Brien
Any problem if I don't issue 1099 to handyman with job over $2K?
I recently paid a builder about $4,500 total for several projects at my rental home in Indiana. These were: building a new wood deck at back door, building new staircase in basement, installing a new window, repairin...
Davit Gharibyan
Corporation or LLC
Hi, I have an LLC that holds the real estate and the other LLC is handling the management (getting rents, sending payments, etc.). As I was preparing my taxes, my tax professional advised me that management LLC is red...
Drew Kunkel
Rental spreadsheet or templet
Hello
I am looking for a free computer program online or a template to track rental income and expenses on properties. I have a management company managing the properties right now and I am just righting stuff on pape...
Paul C.
Room for Interpretation in Tax Laws ?
I've been doing a lot of research on rental property tax accounting the past few days and am amazed (frustrated) at how many different answers I'm finding. For example:
1. Pre-rental expenses. On the one ha...
Jeff Stein
How do you track rents?
I am sitting here and mentally preparing for next month and entering all the rent checks and direct deposits into my poorly designed Excel spreadsheet. I wanted to ask as there must be a better way to keep track of re...
Jeff Stein
Real estate Bookkeeping
I am About to close on my second property!
I really need a good software program for bookkeepingb and not aure if I should buy quickbooks or a dedicated real estate program.
My business is structured in that I hav...
David Goings
UBIT Self Directed IRA (wholesaling)
greetings. Got a first world problem on my hands here that hopefully others can learn from as well...
I have a SDIRA with equity trust and was told I could cherry pick wholesale deals that I wanted to involve with m...
Corben Briggs
Claiming residency on a 2nd home
Hey guys,I'm currently living in MA and investing in some STR's out of state. Had my eyes set on a NH for a little while now and wanted to see if anyone had any advice/insight on claiming a 2nd home / STR property in ...
Mil Sanghvi
**JUST BOUGHT A 10 UNIT APARTMENT BUILDING NOW WHAT???
Hi BP,I JUST BOUGHT A 10 UNIT APARTMENT BUILDING!! NOW WHAT DO I DO TO TRANSITION??I am closing on my biggest property yet (10 units) on October 15th. I am uncertain as to the exact steps to follow when you transition...