I’ve had a gentleman working for me the last year as 1099. He’s coming on as W-2 in January. I’m providing a tractor to do snow removal as this year he was using his truck and plow to do my 5 buildings. I’m trying ...
Here's my situation. I've currently only have two SFH, but plan to add a couple more this year. I've essentially only been doing this for a year, and things have been accumulating such as mowers, snowblowers, floori...
Good evening BP. I have a question about property taxes. To my knowledge I thought the amount of property taxes paid each year was based on the value of the property itself, and maybe a few other factors but mainly...
Hey BP,Moving to Philadelphia this summer and planning on trying out a house hack. Girlfriend is going to Drexel University Med School, and we are complete strangers to the area. Hoping to get some insight on some dec...
Hi Everyone,I am about to purchase a car and will be using it for both personal use (e.g., grocery shopping, gym, etc) and definitely for RE business (scouting neighborhoods, seeing listings, visiting properties for m...
Recently, I have had to take over my father small country store due to his health issues. He has owned the business for 37 years and everything is paid for. The business has not changed during this time and the nu...
I'm back again with another tax question for the CPAs here. I'm under contract for a 4 plex for $320K. I don't have the 20% downpayment, so the bank is financing me a $100K commercial line of credit against a rental t...
Quick question for a tax professional, I've read extensively and started to draft a modification for our partnership operating agreement - but want to verify that this method works. Since we use our personal vehicles...
Will some members that have rentals share what vetting service they use when vetting potential renters? Possibly share an application and rental contract?
Good morning,I am fine tuning my strategy for my first mailing campaign. I plan to use list providers to create my lists and one I am working on is homes that are in pre-foreclosure or foreclosure prior to auction. Th...