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So recently, I was going to use a CPA for a corporate tax return. He outlined that book keeping was $45/hr and corporate tax would be $500, and any additional costs to file to USA would be determined later. I told him...
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Need some advice. I have a tenant who moved in last week. We did a walk through with a checklist and she kept saying how everything was great. House is new construction, less than a year old, and she wants me to take ...
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We all know change is a MUST for any type of success. Change is usually painful, but as the old refrain goes NO PAIN ! NO GAIN. What is something you have had to change to get from Point A to Point B. What do you t...
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So say you've been depreciating a property for 10 years. Year 11 rolls around and you completely replace the roof. Does that just increase the remaining depreciable balance (basis) for 17.5 years? Or do you deprec...
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Hi all,I'm new at this landlord gig and I have a bit of a dilemma. A tenant asked if they could adopt a pet; when I replied with the information regarding deposit and pet rent, I never heard back until I followed up t...
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Think of a book youve read in the last 3 months that you gleaned the most knowledge from. Share with the group the title and author and one reason why it was so great!
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All:I've recently spoken to a few REIA groups in my area about my business and I thought it would be a good idea to share this info in the forums.I've been investing in college student rentals for 12 years and current...
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Hey guys,This post is mainly just to share where I'm at with this process, provide opportunities for myself to network with others in the area, and so I can periodically update. I have connected with several members ...
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I wanted to ask all of the landlords that own more than 10 rentals.
Do you manage them all yourself and if so how much time do you spend a week doing it? Do any of you have a property manager and if so how involved a...
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Hello, everyone I am a new landlord and encountering my first issue. Soon I'll be moving out of the first house I purchased and I'm converting it to a rental property. I signed a lease with a tenant and they will mo...