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When I have to ask this question on BP it's time to find a new accountant. LOL. I will get my first 1099 from Airbnb this year. Do those numbers get transferred to a schedule E or am I actually paying regular old 1099...
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My tenant texted me to let me know that he is experiencing kitchen sink being clogged.I’m not familiar with the pluming work but I would like to give a try. He lives there 6 months and he told Drano didn’t work.Did yo...
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I've recently got a Triplex property under contract and I used the BP calculator. I think the numbers are good but I need other opinion. Thanks in advance!!!
Here are the numbers: 1920 house
ARV- 150000
Purchase Price...
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Hi, I'm new to REI but I've been a web marketing machine over the past 17+ years (mostly online, with some offline experience). Looking to connect with others in my local area as I've been into a few mentoring program...
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Hello everyone…I hope you all are doing well and staying safe from the COVID. It’s been a crazy time. I decided to post another update since it’s been a while since I’ve been active. Around 2 years, my wife and I deci...
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Hi everyone!I'm a newbie investor and ready to make an offer on my first deal. I found the property on Trulia and the selling real estate agent said to submit an offer. Is this as simple as sending an email to the eff...
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I currently have an LLC set up. Although, all my financing in the past has been in my personal name. I'd like to get to the point where I have enough business credit to finance rehabs.
In any case, I'm getting prequ...
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At our local real estate investors club last night in Rochester NY we had a very interesting discussion revolving around holding paper or real estate notes. I have a background in finance and have been able to learn t...