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We have the opportunity to buy 12 single family units that are already rented through a portfolio with seller financing. We are still in the early stages of setting terms and we are out of state so haven't seen the p...
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If you was going to hire someone to work in your real estate business what would the job description be? Also would you get an physical office to ensure that your employee is putting in quality time? A little clarific...
In 2014 I hired a few local guys that worked for me as an independent contractor. They made over $600.00 for the year. I had them fill out a W-9 as well as a independent contractor agreement. Now that this is January ...
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Hello, I am new to the rental property arena. Currently have one duplex with aspirations to buy more in the near future. To minimize expenses I am doing light jobs at the property. Snow removal, mowing, painting, e...
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Hi All (it's my first post),
I'm looking for some ideas on how to improve my situation with my only rental home so I can be in a better position to pick up some more properties.
A few years ago we took out a HELOC...
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Did you know there are multiple career and finance tax deductions that you may be overlooking? Here’s a list of some great tax deductions to tax advantage of!
Lifetime learning credit - This credit allows you to ta...
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I have a really good tenant, the AC in her unit broke; water leaked and caused some minor warping of the hardwood near the register.My question is, she reported it when she said she noticed the flooring was warped. S...
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We are adding a coin op laundry room to a 4 unit MF and would appreciate any information and suggestions on appliances. Any recommendations on brands of washer and dryer? Front load washer or top load? Thanks for y...
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HVAC seems to me as the most expensive component to date. I am trying to find out what all do I need to do to reduce costs. Today I am handling problems one at a time.
Here is what I have heard so far but I am looki...
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I'd like to start a discussion about writing off business expenses and what can or cannot be written off. Currently I have a corporation (although I haven't done anything with it) and I would like to know if I can pur...