I'd like to know if anyone (especially any EA or CPA) might have experience here. I'm finding that property managers are good about sending invoices detailing expenses and revenue for the property. However, for serv...
Everything when it is time to pay for property tax, my property manager would pay the property tax for me using money from her own account, and then transfer the same amount from the rental property business account t...
could use some assistance
What do your property managers provide to you for your taxes if anything or you you keep your own spread sheet?ThanksCora
Let's say my relationship with my property management company is very poor and will be ending soon. Anyway, they have charged me $75 for "tax processing fee 2023". That is illegal, correct? This is for the original,...
Because I cannot take advantage of active deductions related to my real estate rentals, I am wondering if I can pay myself as the "administrator" or property manager of these properties? The IRS believes you can't ac...
I am looking tonopen a sober house in the Long Island area. I will be opening an LLC to limit liability, knowing full well the tax implications are identical for LLC vs. personal ownership in buy and hold situations.
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I have 3 properties with my family in Brooklyn.In one building we have 2 apartments, we live in them. In the other 2 properties we have 6 apartments in total. All three properties were bought on my uncle's name, as he...
We have rental properties with 3 different property managers around the country and also a couple other properties that we self manage. I am trying to determine a way of keeping track of our return on investment and ...
I have 3 properties with my family in Brooklyn.In one building there is 2 apartments, we live in them. In the other 2 properties we have 6 apartments in total. All three properties were bought on my uncle's name, as ...