Hello,
I currently own 36 rental homes. To add an extra hedge of protection and picked up Worker's Comp.
Couple questions:
If you have a sub do any work should you make sure they show a workers comp insurance pl...
Quick question --
I want to pay a friend to help me with some labor fixing up a house. I'm going to pay her by the hour. I don't want to pay payroll taxes or anything like that - I just want to give her cash for hel...
say you buy a used $150 stove from some random person on craigslist/offerup or hire a handyman for a $200 and they are taking cash only... is a ad hoc bill of sale enough documentation for these expense write offs to ...
I'm a GC looking @ employees vs subs. I'm collecting employee cost based on hiring two to do rehab work @ $30K ea to make the decision. I don't like not having control over my subs, that is why I am looking at emp...
I have a single member LLC that was formed to hold my buy and hold rental. This is my first buy and hold, and we are BRRRR-ing it. My son (14 years old) is legitimately helping me with things like pulling nails out of...
Hello all. I live in Texas and am a newbie in the real estate investment business.
I formed an LLC to put all the investment properties under. I have my first foreclosure under contract and close on it next week.
I ...
I am wondering what advice you can give on an appropriate waterfall payout to investors if I am the manager of the real estate assets, leases, and management. I am planning on owning each property in a separate co...
The 179D Energy Policy Act gives taxpayers a deduction for installing energy efficient assets such as the building envelope, HVAC and lighting. It is for apartment buildings greater than 4 stories and newly constructe...
My lender is requesting a CPA comfort letter. Has any had experience with a lender requesting this type of document from their CPA? Has your CPA been reluctant to provide such a document due to the perceived liabilit...
Essentially I have a contractor who bills me hourly for jobs. I keep him extremely busy with investment properties - whether it be rentals or flips. Great relationship at this point. Currently, he just gives me a week...