what should i consider as an expense while doing a deal?
So i'm writing up a contract to buy a rental property. I was wondering what others do with the closing cost portion. What closing cost should buyers and sellers cover? I would like to cover the cost but I didn't reali...
Are
all closing cost which includes Realtor's commission, title company
closing cost, city tax and hos for condo fees all deductible?
This was not a rental and pls be detailed in answer. Thank you.
Currently I have a holding llc and a management llc. I own both. I was doing my taxes and my and my accountant suggested not to use a separate llc for my pm company. He explained that it is unnecessary and generates e...
Hi all,I'm trying to purchase an investment property in Baltimore Maryland for a price of $72,000 in Baltimore Highlands. When I was playing with some of the numbers my impression was that with a down payment of 20% ...
The formula for calculating guest fees on both of these platforms is far from transparent. Have any of you worked this out? Which platform offers the lowest guest fees?
I have an LLC in Indiana for my investment properties. It was set up in the last quarter of 2015. The physical address is in Indiana, but the mailing address is in my local area. Can someone with experience and/or kno...
Howdy friends! in 2008 I purchased my first three properties -- boo yah!For accounting, I have quickbooks self-employed (I was already using this for my FT freelance biz). I am trying to be very on top of my trans...
I think I have a simple enough situation that I won't require advice from a asset protection lawyer, I'm hoping some of you are in a similar situation and can pass on what you have done.My wife and I live in Californi...