Angela Li
Details you need in case of eviction/collection/legal issues
HI BP,
I've been thinking about what to ask from tenants in case of issues...besides a copy of their gov't ID (Drivers or passport), credit report stating full name, address and birthday, what else do you all typic...
Tessa Tsui
Renal App for Landlord
Can you share what apps do you recommend / their fees for the following please? don't have to have all the functions just wanted to know what will be recommended. thank you 1. rent collections; 2. late fee handling;...
Ben Sturgill
Financial tracking software or spreadsheet
We do fix and flips with 7-10 projects going at anytime. All our deals are financed by a lender at 75% of ARV. They pay for the house then. We front the cash to start the reno then they reimburse us for the work compl...
Peter Schuyler
Solo 401K qualification if Im a Property Manager for my rentals
Fellow BP expertsWould my LLC which has buy and hold rental income only at this point, qualify me for a Solo 401K, if I have the LLC pay me as the Property Manager?Would that self employment income be enough to make t...
Emily N.
ESA (Emotional Support Animal) Attacks Neighbor's Kid
Hi All!
As the title states, we manage an apartment complex with a strict no pets policy and were forced to accept a resident's dog when they submitted an ESA letter. Yesterday we received notice that the ESA (a pitb...
Jordan Becker
Need advice on tracking income/expenses from RE for taxes, etc.
Hi all, I could use some advice on how best to track my income/expenses from RE investments in a way that will facilitate tax return prep by my CPA, but which is not unduly time-consuming or tedious. I'm still a novi...
Bill Dickson
Why is a LLC is important for your business?
Where do you go in your county to apply for a LLC.?A LLC has so many tax advantages for your business. So why doesn't everyone? Even as a wholesaler you need advantages.
Bill Briscoe
Do you issue 1099s?
I read that landlords are exempted from issuing 1099s to contractors and laborers. Does that apply to buy and hold rehabbers as well?
Frank B.
QuickBooks set up for Rentals, separated and consolidated?
I have done lots of reading around here about folks using QuickBooks for their rentals. I am interested in doing something similar, but I’m not sure I understand the capabilities of the different versions and how thin...
Mike Hartzog
High Quality Title Reports
I am finding that my current supplier of title reports is not doing a good. I am finding that a significant percentage of reports have discrepancies between the summary information provided and the actual documents r...