Katherine Bernas
How much should I pay a renter's realtor?
Hi all,I have a potential renter who is using a realtor. I'm managing my rental house on my own, from listing, to showing, to background checks, and contract signing. My question is, what is a fair commission to the ...
Abou C.
Type of legal entity?
Plan on acquiring a 2-4 unit in RI/MA next year with my business partner, I believe getting a LLC is the cheapest form there is compared to others options. But I have some questions I want to ask experienced investors...
Jessica Zolotorofe
Seller/Owner Financing-Northern NJ
Anyone interested in owner financing a property in the northern NJ area? I have a client interested in purchasing a fixer but has too much credit out to qualify for a conventional loan.
As far as structure, I sugges...
Nicholas Libertin
Help....accountant recommendations for real estate professional
Looking for accountant recommendations. I have a high W2 income and my wife will be a real estate professional this year. Looking for an accountant who has intimate knowledge of:1.how to best offset my W2 income2.ho...
Andy Rivera
First property under contract... Now what?
Im from New Jersey, partnered up with a local real estate agent who had a client from PA who is currently living out of state. Long story short prop. under contract but now I have no idea what to do next. This is my f...
Mark Beekman
Would this be a Long Term Capital Gain, or Ordinary Income?
I purchased a vacant plot of land over a year ago. My original intention was to flip it, but now I'm thinking of placing a mobile home on it and selling it. Would the proceeds of this sale be considered long term capi...
Bruce D. Kowal
Be a Pal! Send someone a 1099 to keep them honest
If you paid anyone for services in 2021, more than $600, then you should send them a Form 1099-NEC. It's not a favor, it's actually required by IRS. If it's late, there is a penalty. Less than $300. You might get ...
Roland Wiederaenders
New Regulation D Rule 504 Securities Exemption
Raise $5 Million From Non-Accredited Investors Under Amended Rule 504On October 26, 2016, the SEC adopted final rules amending Rule 504 of Regulation D under the Securities Act of 1933, as amended (the “Act”). This am...
Larry Towner
Tips for Hiring a Handyman
Hey Y'all,
I work as a professional handyman and have several rentals in the Northern Suburbs of Atlanta. I see many posts on hiring handymen and contractors. This is an area that is difficult; good contractors (a...
Adam Craig
When do I have leverage on Property Manager
I have 4 single family homes and just closed on number 5 - I plan to keep going. When do you think I have enough to negotiate rate/fee reduction with my property manager?