Hello everyone,
With our kids getting older and starting to move out, I am going to be renting out our 3 bedroom walk out basement. It’s already set up as I have rented it out 6 years ago to a family of 5. Since the...
We are an LLC and for tax purposes we are treated as an S-Corp. We flipped one houses last year (first year in business) I am trying to wrap my head around understanding how/where flipped houses are reported on form 1...
By Rachel Monahan |Published June 19 at 11:27 PM Updated June 19 at 11:42 PM City Commissioner Chloe Eudaly has successfully championed tenant protections designed to offer people with criminal histories a better c...
For companies that were required to include operating leases on their financial statements, they show large increases in PP&E as well as long term debt. This inflates changes in net capital expenditures, changes i...
Here is probably a basic accounting question. When you have an insurance premium, say $600, and the insurance company spreads it out over 12 month but tacks on a "convenience fee" of $2 per month for a total payme...
We have put in an offer on our our first property and have been advised of an infestation of powder post beetles, after we made the offer. It will be treated tomorrow; however I do not know the extent of the damage or...
I have an apartment complex in which one of my tenants has apparently gotten bed bugs. She told my office manager two months ago. As soon as she told the office mgr, the office mgr called me. I immediately calle...
Have found a property I am seriously looking at. Needs new roof from deck up. Have not been able to source a supplier for fire retardant ply wood and lumber. Any One know of something close and preferably the cheap...
Hi BP
Location, location, location .. ....How important is this to a long term buy and hold investor?
The market I invest in is a small one. I currently have 5 sfr. I'd say 1 is in an "a" neighborhood....
I've been buying houses for 3-4 years now. I mostly just buy stuff on mls, or from neighbors of properties i own who are moving. Everytime ive got on a mailing list of wholesaler, i just get junk. Its either in a smal...