I have a signed lease that will be making future payments but has not started paying yet. This lease is under my name so it will be taxed as income every time there is a payment. I am wondering how I would be able to ...
Last few years have been making $250k as a Realtor. I fired my last accountant as he made some errors as well as gave poor advice. I hired a new CPA and he told me to create an LLC as my name, open business checking a...
My husband and I will be going to Spain for 2-1/2 weeks. We have a total of 10 rental properties. We have a friend who also has rentals, and is willing to be our emergency contact person for our tenants while we are...
Hi All! My name is Doug Adams. I am a PG County MD-based (Mt. Rainier, MD) infant investor with just one vacant lot "deal" under my belt (more on that that come via a sep post).Myself and 2 other friends from high sc...
Im thinking about pulling the trigger on this 4-plex with renters paying 550 and 600/m. Market rent seems to be 700-725 for comparable units. If I buy the property, how do I nicely tell the tenants I need more cash no...
For those of you that want truly private emails there is an answer: GPG. The technology is complex, but here is the basic way that it works:
I download GPG and use it to create a "secret key" and I am the only perso...
After spending a few hours delving deep into any/all posts that referenced Trenton, NJ, I was compelled to keep the discussion going. Yes, Trenton can be a frightening place to walk alone at night, but indubitably the...
Hi everyone,
It's time for my first post to get this real estate thing rolling. I'm 22 from Syracuse, NY. More precisely Auburn. I'm a recent graduate from The University at Buffalo with a degree in mechanica...
Are they worth it? I've interviewed like 4 CPAs/tax strategist this year and it's difficult because I know I'm not always comparing apples to apples. Has anyone used Amanda & Matt and have they been happy with the...
Hi everyone, Pretty much every blog or every podcast I listen to here mentions that you should "house hack" and "live in one side and rent out the other." In detailing the advantages of doing this they go on to say th...