We purchased a house last week that we intend to rehab and then rent. However, if someone wants to buy it before we get it rented, we are not averse to making a quick chunk of cash. So what are the tax consequences...
The IRS has placed a temporary moratorium on the Employee Retention Tax Credits (ERTC) until 12/31/23 at a minimum. Hopefully this article answers some of the questions you may have.
Why did the IRS implement this pa...
I ran across modular homes discussion at the most recent episode of the Real Estate Guys Radio Show and thought I share a few thoughts, hoping to attract like minded perpectives.
In my opinion, this is definitely an...
I am in the process of buying a $170K house. I plan to own it in an LLC. I am quoting insurance companies and for liability coverage, I was wondering if the liability coverage should be approximately the same value of...
Hello everyone, I wanted to know if $30/hour in North Jersey is a reasonable or too high to pay a contractor for labor. He is someone I know that is very good. He just started to be self employed and has no real exp...
Hi all,While in college I worked fulled time at a fortune 500 company. I was able to put away a good amount in my 401k in the two years I have been at the company. I am now leaving the company and am going to roll my ...
Hey guys, has anyone here worked with and bought property from Marshall Reddick found here........ https://www.marshallreddick.com/
If you have, how is their service and property management? They seem legit...... but...
A lot of my landlord friends want my help in finding and screening applicants for them, but they want to manage their own properties. Am I aloud to help them find tenants without a brokers license in California?
Hello! I'm searching for an insurance professional to discuss the concept of negotiating group purchasing property insurance for a discount (similar to what is done through health care via employers).Are there regulat...
I am writing about this on BP because I just found out about it and there are bound to be some tax wizards on here that know about about the game theory needed to navigate our ridiculous tax code. I stumbled upon thi...