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What is typcially the busiest day of the week and of the month for onsite large multifamily property manager.I'm guessing early in the month 2nd-3rd when rent checks are coming in or starting to deal with collections....
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My wife and I have a mmllc for a duplex in iowa. Would my planned buisness trip qualify for tax reasons. We are trying to go to hawaii this coming May for a ten day trip. Would my plan qualify a buisness expence regua...
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We have had a couple situations where a buyer wraps up a property on a conventional loan, then it takes 4 weeks for them to find out they were not approved. We just got another contract for an FHA buyer for one of ou...
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My accountant stated, “The losses incurred on the rental properties cannot be taken and will be carried forward as your income exceeds $150k, thus no losses can be taken against your ordinary W2 income.”I was really s...
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Have any other banking employees faced this situation?I have a 9 to 5 job at PNC Bank in Clermont, FL. I know for a fact that its a conflict of interest to be an actively licensed real estate agent and work for the ba...
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Above/beyond what I'm putting away in 401k/IRA/529/taxable accounts, I want to invest $200K/year for the next 7 years. What would be effective ways to parlay that into a great passive income? How would you do it if ...
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I am listening to on market show and heard James mentioned if there is buyers in the area but your property is not selling at price you listed.. My question how do I find out if there is more active buyers then homes...
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I work a W2 job and pay a lot of taxes. If I purchase an investment property with an LLC can I still take advantage of the STR bonus depreciation? or do I need to purchase in my personal name in order to take advant...
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Exploring Browards Real Estate Scene; An Overview of February 2024
Broward, a place where the sky is painted with hues of promise during sunsets and the real estate market moves, to its beat. Lets dive into the detai...
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I have around 300k to start rental purchases. I wanted to know if the right move to jump start was to purchase a couple of units for around 30k each, build credit while making some money, then move onto the loans for ...