I have been doing a lot of research lately on accounting. I plan to open a separate set of bank accounts for my investment properties (I currently have none): one checking for operational expenses, one savings for ten...

Hi all,I want to manage my investment property myself and wanted to know how to handle taxes. In the past, I have the used a property manager, and gotten a W9, but how should i do it myself ? Do i need to use some sof...

I inherited two homes, both were paid off one was livable, and I now live in it, the other was a rental in TERRIBLE condition. When I spoke with a real estate professional, she said the home would probably sell for ar...

Hi BP community, I'm a RE Developer and Property Manager in Nashville, working primarily out in Nolensville (single family homes, commercial centers). Since the bulk of my business is building single family homes, I'm...

Is there any tax benefits to listing your LLC as property management company for your own rental properties?...

Is using a property manager something that can be written off at tax time?

Hi All,My CPA is questioning whether a Management Fee that I am claiming deduction on is appropriate if I am not acquiring these services from someone else.  IE, I'm setting aside 10% of total rent as a management fee...

Why do many investors say that you should keep your property management business in a separate LLC for tax benefits? What exactly are the tax benefits?

I do so the logistical benefit - if you have many proper...

I have a property manager. The property manager will handle repairs automatically that cost less than $250. He nets these repairs out of the rent I receive. he provides a statement that shows the rent received, the...

Hello all,I am trying to establish my property management experience by offering my services to my landlady where I already live.  The building is a three unit townhouse in which the landlady also lives.  I already do...