Manuel Savorelli
Where to park cash until needed?
I'm looking for a strategy where I can keep seasoned funds until I need them for a purchase. It should be liquid enough that i can access in relatively short time. TIA
Jordan Noble
Help Me Analyze This Deal!
Thank you to anyone who looks at this deal!Purchase Price: $600kUnits: 8 (2 quadplexes next to each other)Current Rental Income: $6,915Current Expenses - TOTAL $2,365.17Taxes: $232.50Insurance: $200Gas & Electric ...
Johann Jells
How do you prove you sent a security refund?
A local landlord has run into a problem with an ex tenant trying to cause problems for him. Among other things, the tenant claims he never received a refund, while the landlord says he sent it but it was never deposit...
Chris Battle
Non Resident Tax Returns - Recommendations
Hello allMy wife and I jointly own 2 properties, 1 in Florida and 1 in South Carolina and are looking for a recommendations for an accountant to file federal and state tax returns for each of us. would appreciate any ...
Account Closed
Latest Multi Million Dollar Spec Development in Charlotte, NC
Purchased an outdated house on a large piece of property in one of the most exclusive infill neighborhoods near center city Charlotte, North Carolina for 890,000. We subdivided this property into 3 lots and built 3 n...
Mike H.
Quick question about DIY tax returns
I have never done my own tax return. Well not since I had a w2 only myself. We own 3 rents properties. State and local nyc taxes. Our accountant wants 1k to do our tax return. My wife thinks we can DIY using turbo tax...
Raphaël C.
Company creation for investing
Hi guys,I was wondering if it is better to create a company before stating investing in real estate. What it is the best?Thanks,Rafa
Jowan Qupty
Quickbooks for Vacation Rental Properties
Hi All,I am currently managing and automating my daily vacation rental tasks through Airtable, which I have connected to a number of online softwares through their API's (Gmail for emails, Twilio for SMS's, Slack for ...
Mary J.
Sale of MA rental- Are any statements to tenants required after?
Good morning,This is the first rental I've sold. I have already provided the tenants with the new owners name and phone number, but I got to thinking, shouldn't I provide the tenants with some sort of statement that ...
Ryan Braman
Finding out if my CPA is the right fit
Any advice on what types of questions to ask my accountant to determine if they're the right fit for my REI business? Just started investing late 2019, I own a couple of properties under a LLC, and asked him if I need...