I went to an investor meet up and we met with a lawyer who was telling us that regular Insurence is not enough.  He said that you want to have an LLC to protect your assets in case something was to happen related or n...

I need to issue a 1099 for property management; puzzled on how to file it. On the 1099 misc box 1, do we put the net rent paid or gross rent collected? Thank you

I evicted my tenants last week for non-payment of rent. They were out at 5pm Monday night. My Realtor went by the house yesterday while FaceTiming me, and they trashed the place. Literal garbage everywhere, carpet I r...

Any ideas on how to make money off of land without putting too much money into it?
ideas i was thinking about are: horse stall rentals on property 
semi truck / trailer space rentals.
any other ideas ?? 

Last few years have been making $250k as a Realtor. I fired my last accountant as he made some errors as well as gave poor advice. I hired a new CPA and he told me to create an LLC as my name, open business checking a...

I live in Woodstock, Ga which is a suburb of Atlanta.  I am a very active real estate agent and am ready to turn some of my commission checks into some investment properties.I started listening to a couple of the newe...

I now have 2 contracts on some property and they both have a proof of funds letter I really don’t want to send the proof of funds to BOA because that will see how much the buyers is buying the property for and they ...

What is the best software for accounting purposes? Also, do they allow you to receive payments?

Tenant coming out of State, mom and childShe told me on the phone that she had bad credit which is usually no problem to me since she was Section 8.She filled in the application and it came out she not only has bad cr...

A family member wants me to manage their properties for them that they hold in a corporation, but legally, I don't think I can do that because I'm not a real estate broker. So, after some brainstorming, it occurred t...