I have owned a rental property for seven years and my two brothers wanted to buy a couple more so we started an LLC and bought two properties. I've always done my own taxes, I never had any problems and kind of enjoye...
Current mortgage on house with taxes and insurance is $800.00 I can currently rent my house for $1,400.00.
How much of the $600.00 would you put towards expenses and how much would you take for profit. What f...
My wife and I update our balance sheet every month and have different growth goals that we track. It occurred to me today though that we very much use the accounting method for this and take the book value of each of ...
Hey folks,
We've a couple of hundred homes that we rent for cash flow. As one might imagine, we also have a fair amount of former tenant balances we need to collect on.
We've given a couple collection agencies a tr...
I am reading a book about 1031 exchanges however there is no mention of intermediaries. Everything the book talks about is about 2 party or multi party exchanges. For example in the book they discuss a transaction whe...
I have a pondering question. What are the typical problems and issues that may arrive if by so chance that through a quick title search that there is an outstanding balance? Does that prevent the deal from closing on ...
When buying a HUD home are there any servieces that can transfer to the new buyer.... Taxes, natural gas, electricity, or water?
Hi BP community! I'm just starting out, reading and absorbing all I come across. There are a variety of investing strategies that range in amount of capital involvement and risk. I'm trying to get an idea of what othe...