Luke Miller
Hiring employees (on site manager's)
Hi, I'm hoping to get some feedback on our current situation.We are working on signing a management contract with an apartment owner, who would like us to be the employer of the on site managers. We feel slightly unpr...
Larry Bondar
TPaying teen cash for yard work at your property
Want to hire a minor to clean up yard on a investment property Some basic yard work for cash. Can I write this off as a deduction? Also how would I set this up to legally have him working at the property?
Mike Buckley
Handyman/management
I have been in real estate a few years now and built up a portfolio of different individual LLCs. As well as managing the units myself I am a licenced contractor who does the development myself as well when taking on ...
Christine Thilmony
Adding improvements to Basis
Hi Bigger Pockets,We have a duplex that was out of use for 7 years. We have fixed it up and have it rent ready. We replaced roof, bathrooms, flooring, windows and here is the dilemma. Can the w-2 wages I paid my emp...
David Hess
Cash out refinance lending question
I have got some conflicting information about whether we can do a cash out refinance in our situation and am seeking clarification.Here are the details.Our primary residence is in San Jose, Santa Clara County were the...
James Park
Qualifying as a real estate professional for tax deduction purposes
I would like to qualify as a real estate professional in 2012, but i know the minimum hours you need to spend on real estate activities is 750 hours. I did not spend 750 hours in RE activities in 2011 to qualify. From...
Anthony Cologna
Accounting software for rentals
Any recommendations for accounting software for multi unit rentals?Also looking for a software to find property owners for properties mainly 3 units and up
Patrick Leitch
Property Management Fees
Either as a property manager or someone who uses a company to manage your multi family properties, what fees do you charge or get charged? Any other ways to bring in revenue as the manager?
For example, a % is first ...
Matthew Cole
Michigan- CPA for tax return
Does anyone have suggestion on who I can reach out to for assistance with filing my 2014 tax return? I previously have done my own returns in the past, but with several real estate purchases over the past 12 months it...
John Marlin
Better accounting systems for new year?
Hey all! I have 10 units with a partner we’ve slowly built up over the years. This has been a side thing for us, and our accounting has been old school manual spreadsheets, along with rent collection varying from tena...