Im in a predicament and would love to see if anyone ever came across this issue before. I'm an out of state investor and have multiple properties in jacksonville Florida. I purchased 2 multi families last year and rem...
Looking for recommendations for bookkeeping software to help manage my rental portfolio. My partner and I buy and rehab properties, then refi and hold long term (BRRRR). We also manage 2 other companies together that...
I located a hotel that had been remodeled back in 2010ish and was still sitting vacant, Come to find out the owners have filed for bankruptcy and the property is about to be foreclosed on by the city itself. I cont...
Hi everyone,I live in NJ where it seems to me things are a bit expensive especially in terms of materials and labor. But then again this is assuming.I'm struggling with analysis mainly in trusting my numbers and actua...
Hard to find cash deals in that price ...
Hey all,I am on W2 and curious if I can pay less tax by writing off the remodel expenses of a rental property (that’s is under my name).As an example, if I earn 80k, and I remodel my rental property by spending 40k. w...
So I just found d out today that the seller of the duplex I'm under contract to purchase is terminating the contract. They don't have any contingency to legally do so. I've already had the inspection and the appraisal...
I secured a property management company to get my house leased. Once I signed the agreement, the realtor I spoke to stopped replying for 1.5 months until I pushed a lot to get an answer and left several voicemails bec...
Hello Newbie from Mobile AL. I am intrested in investing properties and flipping houses. 38 years old and have done construction and remodel for the last 10 years.
I have ran across individuals who flip houses and am curious as to what techniques they use for tax filings when they are not incorporated under an LLC or S corporation? When an individual purchases a property, how do...