Robert Carmody
Income Taxes: Should commission be included on my 1099 for 2023 or 2024?
Looking for an answer or insight to a question regarding my 1099 statement for commissions earned. I recently had a closing on 12/28/23. The title company issued a check to my brokerage on 12/29/23, however, due to th...
Joseph McCrillis
Is it a good idea to include utilities as a landlord in LA, Ca?
I'm aware of the extra steps I'll be taking by paying for the utilities and the fact that if the tenant doesn't pay rent, I am ALSO on the hook for utilities not paid. However, I assume they will all be legit write of...
Edwin De leon
Heard there are issues with including an assignment clause in a short sale contract
Heard there are issues with including an assignment clause in a short sale contract.with lenders and title underwriters...is this true and false and please explain why it is true or false
Mike Webber
Do I include a rental I bought but received no income on my taxes
I purchased a rental at the end of December, and did not collect any rental income on it until January. Should I say that a purchased a rental when I file? This was my first rental property and other than that my taxe...
Marc Alpho
Is the fee from the MIP included in the Base Loan Amount of 203k?
Is the MIP fee included in the amount we receive from the FHA 203k loan or do we have to pay the fee from our own money out of pocket before taking the loan ?I apologise if it might seems a bit obvious.Thanks in advan...
Eric S.
What should I include in a contract to make sure it is rent ready
Hi All,Just curious on what verbiage and things do you make sure to include in a contract with a contractor if you are turning over a unit between tenants. My goal is to make good concise skeleton that I can provide t...
Eric S.
What should I include in a contract to make sure it is Turn Key.
Hi All,Just curious on what verbiage and things do you make sure to include in a contract with a contractor if you are turning over a unit between tenants. My goal is to make good concise skeleton that I can provide t...
Zoë Funk
What are major key points to include in an operating agreement with a partner?
I'm currently looking to purchase my first investment property this year and have determined that I will need a partner to help me purchase. I have some family that are interested and I feel as though we will make goo...
Juan Rodriguez
First SFR and I need to be sure what to include in insurance policy
Hi All,I’m closing my very first SFR in Detroit now I need to buy the insurance policy for a 5/2 house. Company sent me quotation per $130/Month but I understand for some investor it could be around $70 . So what are ...
Tony Ncvy
I'm look for an excel file to analyze apartment deal including value add proforma
good evening BiggerPockets,I'm look for an excel file to analyze apartment deal. Is possible you can please share with me? I like a excel file including value add proforma if possible including IRR, Cash on Cash and ...