I am analyzing small multi-family properties and I feel that there are some costs that I am not taking into account. Any advice would be appreciated!
Hi,
I'm a software engineer from Amsterdam, I've rented a couple flats and rooms and (seemingly) landlords spend a lot of time with things that could be done more easily, like scheduling maintenance, upstream billing...
Can I "pay myself" to manage my rentals 20.5 k on a sched C and write off the fee. I would pay the same income tax and add fica on the sched C. Goal is to fund a roth solo 401.
I am looking into buying my first MFR and wondering if I should eventually change the tittle to a LLC for liability issues. I am not sure if the bank will have a problem with that or if that is something easy to do. W...
Looking for some feedback for what I consider a pretty bigh bill for apartment turnover: $2400 for a 800sqft 3bed 1 bath apartment. It has a small living room. The apartment is in Springfield Massachusetts area. Lower...
Hey All . . . I've got a friend who is looking for recommendations for a good virtual assistant company.
Does anyone have a company or person they'd want to share?
Thanks,
Josh
First time poster here, please bear with my inexperience. I am in my mid-forties and live in the San Gabriel Valley area. Currently, I own two rental houses with no mortgage in Southern California. The first one is in...
We rented out our house for three years, using the services of a local property manager. It wasn't disclosed to us until near the end of the lease that the tenant was late 25 times, and no late fee was ever collec...
What other accounting programs can I use instead of QB online?
So I currently have one rental property. It is under my name and not an LLC, but I plan to create an LLC and quit-claim it very soon (any advise on this would be greatly appreciated).I have been using my personal che...