All Forum Posts by: Tia P.
Tia P. has started 1 posts and replied 2 times.
Post: With 2 rentals do i create a management company?

Tia P.Posted
- midland park, nj
- Posts 2
- Votes 0
Thank you for your 2 cents it is priceless to me. I wasn't sure if I needed to create a separate business. I suppose I am making it more complicated. I keep separate accounts and I have people to help me work on the properties if it is above my knowledge base. I pay them out of the checking account but I don't have to send them a 1099 at the end of the year do I?
Post: With 2 rentals do i create a management company?

Tia P.Posted
- midland park, nj
- Posts 2
- Votes 0
I just bought my second property, I manage everything myself. Should I create a management company? I buy cash and hope to buy a new property every year. I wanted to set up a system going forward. Any advice?