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For everyone that is or has wholesaled in North Carolina...I plan on getting in contact with a CPA and attorney. I was curious on people’s experience. How much taxes are taken out of your assignment fee checks? Also a...
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I'm thinking of purchasing a commercial condo in Viet town shopping center, San Jose. I'm quite clueless about commercial property, so just throw this out to see if there is anyone familiar with it? Any advices are ap...
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I bought my first rental property last year. I had some work done on the house, I hired a roofing company to replace the roof and I hired a Property Management company to deal with most of the repairs and rent it for...
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I’m listening to bigger pockets Real estate podcast show 526 and Dave Meyer mentions four different BiggerPockets podcasts. What are the names of the four different podcasts and where do I access them?
Hello,My husband and I just purchased our first rental property (!!!) and are planning on doing some renovation work in the next few months.We currently have the funds in our own separate personal bank accounts. Shoul...
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I am wondering if anyone has had any experience with buying or selling or valuing a property management business. What are typical formulas for valuing the company, such as 3 times net profit, or 3 times gross revenu...
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Creating a successful budget for your rental properties is essential for managing your business effectively. Here are 5 tips for creating a budget that will help you achieve your business goals:
💰 Identify your incom...
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Current Top 5 Bookkeeping Tips1) Hire a great CPA (you’ll need a tax return filer, tax advisor, etc) and eventually a Bookkeeper once your business can afford it.---Both should have substantial experience in or with y...
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I have an opportunity to purchase a small, corner strip mall with a laundromat. Several tenants have been in place for 10 plus yrs and the laundromat needs a retool which I would run. Question is:What's the best way t...
I have two tax questions:1. Last year I earned income from 1099's as well as business income. Is it more advantageous for me tax-wise to apply my deductions to the 1099 or the business income?2. Last year, I made seve...