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I've always heard that you can expect to be anywhere from 8%-12% of rent for professional property management. I'm finding PMs who charge that as the base fee... but what I didn't expect is to see a high cost for find...
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i don't see anywhere in the IRS code that states that the QI needs to be anyone in particular. It just can NOT be a relative, or your accountant, realtor, etc.I was just quoted a $1200 price for a 1031 exchange prof...
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Hi everyone, I'm looking for some sage advice on the re-developement of commercial/industrial buildings for the purpose of re-zoning them into multi-family apartment buildings. Sort of the loft-style living. I have ex...
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I'm ready to list my first property to find a tenant and was wondering if anyone sends an additional rental application to gather more details when having potential clients apply through a website like Cozy.co? I'm cu...
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Hi RI Investors,
I am looking to purchase a multifamily property in Providence, RI that has tenants with year long leases. Does any one have advice on key things to do before you inherit tenants— from the letter of ...
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Hello everyone! Im Kenneth, but everyone calls me, and can call me any of the shorts to my long name! Lol! I am a Florida native originally from Miami, Florida whom has lived around this state searching for the just ...
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Hello BP,I am looking into Property Management in the central valley, and I wanted to ask you guys what your experience with property manager was/is like.What are the most valued things you believe they contribute?Wha...
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I have a number of rentals under multiple LLC’s. Does anyone have experience setting up a separate entity to manage the properties? I heard 2nd hand from an attorney that we would need a broker’s license in the st...
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The main benefit everyone's raves about, in regards to using an S Corp to flip properties, is being able to funnel some of the profits as "distributions" and limit self employment taxes.
However, in my situation my ...
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Now using the de minimis/routine maintenance safe harbors instead of bonus depreciation for appliances, carpet and the like. I don't understand why my taxes go up a few bucks when I change move an item (a kitchen appl...