Newly started LLC for investing in rental properties. What can I expect to write off at the end of the year? Any guidance on what mistakes were made by any of you early on? Should I hold off on buying equipment suck a...
I want to get a better understanding on how mortgage rates are calculated. I currently have two lenders trying to convince me to choose them as my lender with 5% down. One lender is telling me they can give me a 3.5% ...
I recently started the process with Limitless Funding and after doing some due diligence after the initial call decided to not follow through with their service offering. I am going to state my reasons why just in cas...
Hey everyone,I am wondering if there are many people on here that not only own buy and holds or do fix and flips but also have a property management company as another business?? If so, how does that work out for you...
Hi Eveybody,
I have 2 tenants that are late with their rent the third time already.
What whould be the first step that I should take? They ignored the late fee notice that I gave them last month.
This month they ...
I am interested in real estate in many forms, but I'm only on my way into this. I am currently in the middle of my 75 hour course and had a friend just pass the state exams. My friend just contact the sponsoring brok...
I have some work needing done that requires permits and the contractors aren't licensed in the city where the permit is needed. They want me to pay their license fee and a fee for pulling the permits and putting their...
Hi all,
I'm focusing on scaling my property management company's client base and portfolio of assets under management. I've been contemplating the idea of offering a referral fee to any agents or brokers that bring...
If I lend my own money on a note and deed of trust, can I show the interest, points, and fees as investment income on schedule B or do I have to show it as business income on schedule C? I have a brokers license but ...
Hello, this is my first post! I just got my first rental property and inherited a tenant. In setting up my business accounts, I am questioning whether I should use a savings account where I deposit rent payments and p...