Curt Bixel
Professional Tax Preparation or Not
For accounting, I use Rentec Direct, which allows me to keep track of all expenses and then prepare reports for all of my properties.The information the system exports seems like it is most of what is needed to prepar...
Jasmine C.
Looking for a maintenance person in kcmo
Hello. I am looking for any advice or help to find a third party maintenance person. I've had a few turn overs and I feel like my property manager is ripping me off with the "expenses and repairs". I want to find a ma...
Dmitriy Yeshin
Class A, B or C tenants
Hello BP, I am curious about a frequently used term around BP: ''tenant class''. Is there some industry standard or is it open to interpretation. Can someone please share some guidelines on how you define class A vs B...
Jason V.
CPA still has taxes
I brought my taxes to a larger CPA in the Milwaukee area around the beginning of April and they are still not done. I called about two weeks ago and they said that there were three people ahead of me. I called back to...
Nhu Dao
Short term and mid term rental Cleveland
Does anyone have good stories to share about short term rentals and midterm rentals in Cleveland, OH? Anything is helpful, in term of the services you use, your client's avatar, the return/work compared to long term r...
Christian Garcia
Leaseback Deposit !
Hello ! My client closed on his home three weeks ago. The seller had a lease back for two weeks. When they moved out they left furniture and a lot junk all over the home and the backyard. Can my client use some of the...
Stanley Bronstein
Liability For Wrongfully Towing Vehicle
I got an interesting phone call from an elderly client yesterday. 87 year old woman who regularly goes to the hairdresser every 2 weeks.Hairdresser is located in a shopping center that's next door to a Mercedes dealer...
Arthur E.
Prev property mgmt company charging to release prorated rent
To be honest with you I thought I had gotten the prorated amount of rent for August when we closed on 8/14/15, but this wasn't the case. Being that this is my first deal I probably should have paid a little bit close...
Nitish Gupta
Property with Rent paid by the government?
Hello,
I am researching to purchase my first real estate investment property. An agent suggested a property in the 70-80k$ range, currently occupied by tenants. Apparently, the renters are of low-income earners and t...
Dan Cournoyer
CA Nonresident Withholding Waiver Question
Hi everyone,
I have a client that has a duplex rental in California. Her property manager has been submitting nonresident withholding payments to CA as required by law. We just filed her 2018 CA tax return and she re...