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Hello Fellow BPers,This might be a basic question, for pre approval of a mortgage, does the mortgage broker need the following information?Last 2 years federal tax returns all pages and W-2sLast 2 paystubs covering ...
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An interesting proposal to make local bans on STR's illegal.https://www.live5news.com/2023...
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Hi,I'm in a somewhat interesting position in which I have agreed to a share of the finder's fee / commission agreement, which requires a signature and a social security. I'm uncomfortable giving out my SSN and wanted ...
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Hi guys, I'm looking for a good CPA in South Carolina to add as part of my power team.I live in the Hilton Head, SC area. That's not essential, but I'd like to have a person that is local if possible for ease of busi...
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In the case that you have your own Property Management entity set-up to service your own rental SFR properties. What is the best rate to charge yourself? Same as any outsource company (i.e. 8%-10%) or do you charge le...
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Hello everyone,I know this is a question for an accountant, we are looking for real estate savvy one. Not sure if this is legal or even possible, so I guess we get creative thinking brownie points. We already have a ...
Hi,
I am currently doing flips as a husband and wife team. I "hire" my wife to do research for me on deals and I make offer to close the deals and hire GC to do the fix work for me.
This year, I opened a "Keogh pro...
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Hi guys,
this is my 1st post.
I'm trying to determine how you calculate your cash on cash with leverage.
Example: I purchased a mobile home park $375,000
with $75,000 down seller carry @ 7...
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I live in the Dallas Fort Worth, Texas area and am looking for a CPA that understands and knows how to claim depreciation on my rental property. I would like to have the CPA look at my previous 3 years of tax filings....
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Investment Info:
Large multi-family (5+ units) commercial investment investment in Sellersburg.
Purchase price: $1,900,000
This 28 unit townhome style property was a mom and pop managed property about 20...