How do you break down your property expenses in to categories? For instance, Repairs, Bank Fees, Utilities, etc. I'm looking to improve the chart of accounts that I use to give the property owners I manage for a ...
I just wanted to take a moment and introduce myself as well thank the website creator and mods for their great work here, that I'm elated to have discovered this wonderful site. If you live close by or are interested ...
Hello BiggerPockets, I am Andrew Martinez currently working in the Automotive field as a Service Advisor in the West Palm Beach Area. I am new to real estate investing and currently a student of the business. I hope t...
HI Guys Just wondering if anyone on BP worked with the Hard Lending Company http://www.dohardmoney.com/Recently spoke to one of their reps and got approved for funding on my next project, but they required $2500 depos...
I'm Dax Desai and I'm a real estate investor. I have lived in Dallas, TX most of my investing/working career, but now I live in Houston as of 2 years ago. I've invested in other business besides real estate. I've p...
REI from Hawaii (Honolulu) to be exact. Question is where to actually start, how to start, and who to partner with to actually generate action. Hawaii based REI's, please reach out and should you need someone that i...
so here's the story. my team and i are new (real new) to all of this. we are looking for mentors that we can learn from. when my sister first approached me with this idea i thought she was drinking again. but no. she ...
I have always heard capital gains is terrible, etc... but I have a business partner in another venture and he says when you pay taxes it's meaning you are making money.The other thing is my ordinary tax is at 37% (fed...
Hi Everyone,I'm in the process of purchasing my first duplex, i have tenants in place and collecting rent. I have met them and such which both units are family related they seem like decent people. The house is in FAI...
I have read IRS publications and scanned forums but can't find a direct answer to my very specific questions. I sold a rental property last year. The IRS says "Vacant while listed for sale. If you sell property you ...