My first two years of owning rentals, I just put appliances such as washer and dryer, stove, under "supplies". I have switched accountants and my new accountant asked me to use Quickbooks. Now I am not sure where to i...
Hi everyone, I hope you can help me. When do we usually include appliances? (aside from the very obvious medical/industrial appliances/equipment). In a residential, for example? Which appliances can I include in the s...
Hey BP, I recently purchased my very first property, which I am now getting ready to list for rent. One question that I keep going back and forth on is, should I include a washer and dryer in the unit? I have heard so...
Hi everyone I need some advice.I recently purchased a home to Airbnb and my parents are "Co-Signers" on the house. If I open up an LLC do my parents names need to also be on the LLC? I've read everywhere that they do ...
This is my personal experience with becoming a real estate agent in Virginia and all of the costs involved. I am writing this post just to clarify things for anyone interested in becoming a real estate agent so that ...
Does anyone know if I can include attached bathroom size in the square footage of a bedroom for the purposes of meeting occupancy standards?These bedrooms have enormous master closets and attached master bathrooms. Wo...
Hi All,I am starting to get some interest from family with respect to leveraging some of their cash on deals to increase the rate of return they are seeing with their other investments. That being said, does anyone ha...