Buy now or Wait? Any good Stock Picks?
COVID-19, dropping oil prices, and fear of the unknown caused one of the biggest drops in the stock market in U.S. history. On March 9th, the Dow Jones fell 2,013.76 points. At a 7.79% drop, it proved to be the worst single-day point drop ever for the U.S. market....
Real Estate Investing: Investor Vs. Flipper
Taxes are one of the most confusing aspects of investing in or flipping real estate, and you will need to plan in advance to make sure everything goes smoothly come tax season. Here we will go over the differences between an Investor and a Flipper, as well as how...
Finding the cause when a bank register and account balance on balance sheet don’t match in Rent Manager
Often times, bookkeepers find that the ending balance in the bank register in Rent Manager is different than the bank ending balance on the corresponding Balance Sheet. On each transaction in Rent Manager, you need to enter the property code. This code is used to...
Getting the taste of real estate – Part 1
Your first opportunity to dabble in Real Estate might be by renting out your finished basement, accessory apartment, etc. It is an excellent opportunity to get the feel to see if you’re suited to be a landlord. It can also help you with mortgage payments. You need to...
Market Indicators
Following are a few indicators that you should review thoroughly before deciding on a market. Is there a population growth? Is there job growth? Where there are job opportunities, people usually follow. How are the schools in that area? Crime rates, weather patterns,...
Passive Shareholders
I have been asked this question in the past by business owners who are investing in real estate, and I figured it might be useful to many of you, so here it goes. Question; A taxpayer and spouse are 75/25% shareholders in S-Corp, and the spouse is a passive...