Edwin De leon
Here 10 Direct Mail Variables To Consider - Can You Add Some More ?
.It is an art in the sense that there are many variables to test when doing direct mailing, and if you do not have the patience, money, know how with those those variables it can hurt you big time and can "Sink you be...
Eric La Pratt
What closing costs, fees, etc. are deductible from 203k project?
I closed on a multi-family 203k project in Chicago that I am house hacking. Since I will be occupying, I understand I can only write off a portion of the expenses (presumably 75% since there are 4 floors and I will li...
Omid Boloori
Bookkeeping question on loan payments
Hi all,I had a bookkeeping question for you buy-and-hold folks out there. This is probably a very basic question for the pros, but I'm am just about to wrap up my first official year as a formal landlord, and wanted ...
Scott Edwards
Using Buildium for accounting?
Hi Everyone,
I am just starting out and have my first renters coming in 11/1. The property manager I am probably going to work with utilizes Buildium and I will have full access to it. Do those of you that use this p...
Paul Cionczyk
Airbnb partners with Mega Landlords, giving them 20% back!
Caught this article and found it to be an interesting approach by airbnb to capture more of the market by actually paying landlords for a portion of the short term rentals their tenants make, 20% back as the article m...
David Dachtera
Corporate Transparency Act
Just heard about this tonight ... Google: "corporate transparency act summary"It's set to take effect Jan 1, 2024, apparently. Here's a little of what may come up:"The Corporate Transparency Act (CTA), enacted in 2021...
Ray Martinez
Start Up Costs for ADU - Expense/Asset Deduction?
Hello,I'm filing taxes for the 1st time with an ADU rental income. When browsing through the questions around the rental property, I came across the expenses vs assets topic.I spent the last quarter of 2020 starting t...
PJ Singh
Seller Concessions based on multifamily inspection
Hi BP'ers, I recently have an inspection done on my first 25 unit MFH under contract in Houston TX. It is a 1970 single-story, garden-style brick MFH ( 3 building). As part of the general inspection report as well a...
Allen Lucas
Showing Disaster
Had my home up on the market for 4 days now. That's all it took to have over $1000 worth of property stolen. In the process now of figuring out which agent's client(because I had two showings today) was the thief. But...
Ben Toth
Boring question alert
Boring (but important?) question, please: what apps do you like for logging/scanning receipts? I tried Expensify but the scanning is suuuuuper slow. Thanks!