When a tenant does work for you but still owes rent, do you pay them for the work or deduct from rent? What works out better in landlord favor (note: tenant typically late on rent but always pays).
I have been an landlord for 6 years and own 6 properties. All of my tenants are long term tenants and my property is managed by a property management company. So all the rental income is passive for tax purposes. I al...
hi,I opened a business in the USA in 2017 to sell fishing trips to the Brazilian Amazon intermediating the best outfitters. With company's profit invest in real estate in the USA.We were starting to move on when the w...
Hello BP, I just closed on my first small apartment complex (15 units) about 20 mins from where I live. I listen to a lot of podcast by @Gino Barbaro who emphasizes a lot about "managing right", which I agree (and as ...
I have a duplex I am considering putting an offer on. The only problem is we want to do an FHA loan with owner occupy. There are currently tenants in both units and the their leases expire in July. They are long te...
When entering information on my Turbo Tax Premiere software I see a screen that asks the following: If this business shares common ownership and operates co-operatively with another business, you may want to report t...
What is everyone's thought on the initial expendature of funds on propfessional services such as financial planners, attorneys, CPAs, etc. Do you foot the bill upfront, or go at it alone and hope you don't make a mist...
Has anyone had any experience with this company? Curious to know how it's going and if it's a good alternative to selling my properties or trying to do a 1031 down the road.