John Paul Terragnoli
Should my CPA file and pay taxes on my behalf?
Sorry for the stupid question. We got a notice from my CPA that our taxes are completed and have been filed. He sent an email saying that we owe about $1000 for our federal taxes and $2000 to NY. Question is, would...
Chris Sparrow
Realtor Willing to Run Comps
Hello! Wondering if there is a realtor in Akron who would be willing to run comps for me.Thank you in advance!
Brent Huling
My appraiser gave details to the seller
I am in the middle of purchasing a home as a fix and flip rehab loan. The ARV did not come in at value and the lender is asking for $50k more out of my pocket. I wasn't feeling comfortable with the deal and was deba...
James Heacock
Turnkey Due Diligence
I know this has probably been posted many times but can you guys list the questions I should be asking a turnkey provider such as Memphis Invest when deciding whether to work with them or purchase a property from them...
Mike Dumas
Tax and Wealth Strategy
I'm in the market for someone to assist in overall tax and wealth strategy (not just real estate focussed). I've spoken to three companies so far and am leaning towards Wealthability. Would anyone be willing to share ...
Esther Thomas
Management Company - itemized expenses
Hi there, I use a management company for my rental and they send me a monthly invoice via app folio. I see itemized expenses on there for the gardener or the plumber. Is it customary or normal to also ask for a digita...
Steven Barr
What items to put in contract for contractors?
I am planning to have my attorney draft a contract for my contractors to sign. What specifics should I include in this contract? (Liens, draws based on completed work only, properly insured, etc…)Thanks!
William Walsh
Self-directed IRA distributions
I have a client that owns a condo in her self directed IRA. Can she transfer incremental ownership interests to her own name and report the pro-rata expenses and income on a schedule E? I know she'll have to report th...
Jennifer Ndunda
Purchasing Property w/ Tenant in Place
I’m considering putting an offer in VA with a tenant in place. I believe they are paying market rent and have the option to terminate or extend upon transfer of ownership. I’d like to keep them in place as long as the...
Account Closed
Insufficient Work Documents
Hello Everyone, I recently went through a pre-qualification process with a loan officer. One of the things that stood out to me was the requested documentation. I am in my early twenties and have done freelance work a...