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Property Management Software

Blog by Niman Singh
Fremont, California

T-ReX Property Management Software for real estate investors to save them TIME and MONEY

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RE: OMG, Take a Look at What Inman Said About Us
hi mate this is interesting article will make sure...
Question on ancillary charges
I currently work at a very large property in Los A...
RE: OMG, Take a Look at What Inman Said About Us
Thank you for the sensible critique. Me & my n...
RE: OMG, Take a Look at What Inman Said About Us
 I must admit that today is my first time I v...
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Property Management Software

What it Took to Get My Name Back...

Aug. 6, 2009
Starred by: 1 Member
Usingh property management software in your real estate marketing

Reverse Mortgages Becoming a Consideration for Seniors

Jul. 13, 2009
There’s a new investment strategy that has become popular recently: buy a multi-unit property with an FHA reverse mortgage, live in one unit while renting out the others, and NEVER pay a dime to... [Read More]

Don't Push, Pull!

Jun. 29, 2009
“I put the widget on my website and wrote about the free tools on Twitter – within half an hour, an investor had signed up through my website to use the applications.”

OMG, Take a Look at What Inman Said About Us

Jun. 25, 2009
Actually, it wasn't completely a surprise from me. We got an email from Inman yesterday as I was leaving the office and they told us to look out for the news today. I wasn't expecting we would be the headline!

California Courts Say Rents Not Collectible

Jun. 24, 2009
Tagged with: landlord, lawsuit, tenant
Today’s lesson of the day: “If you are renting out a unit that has not been permitted for occupancy, don’t count on being able to collect a judgment against a tenant who defaults on the rent.”

Neighbor Claims Rihanna isn't a Good Neighbor, and Sues!

Jun. 24, 2009
Tagged with: landlord, lawsuit, tenant
Christian Moeller, a professor of design and media art at UCLA, is suing 21-year-old pop singer Rihanna and Stephen Yacobian, the owner of the house she rents in Los Angeles.

4 out of 10 paid Cash?

May. 29, 2009
Categorized in: Real Estate Marketing
Tagged with: real estate marketing
Starred by: 1 Member
Surprisingly, more than four out of 10 investment buyers and more than three in 10 vacation-home buyers paid cash for their properties, with large percentages indicating that portfolio diversification was a factor in their purchase decision, according to

Investors Chomping through the Backlog - Keep Feeding Them!

May. 25, 2009
You may have noticed a large number of cash deals for homes under $100,000 between September and February – these were probably investors who weren't able to finance the properties, but couldn’t afford to pass up the great deals. Sales for those month

Real Estate Agent Gives IRS a SmackDown

May. 20, 2009
The IRS had been challenging the "real estate professional" status for agents - stating that Brokers qualify, but Agents do not. And they were winning... The great news is that a Real Estate Agent just won in tax court! Read the case for yourself!

Hiring Family Members

Apr. 15, 2009
Obviously, the expense of your own labor cannot be written off, but that doesn't mean your spouse or children have to work for free. Property management fees are fully deductible, so consider hiring someone that you don't mind paying, like a family member

Collecting Payments in Advance

Apr. 15, 2009
Since rental income is taxable in the year it is collected, rental losses can be offset by collecting rent in advance. By increasing rental income for the year, you have the leverage to deduct more of your expenses.

Traveling Away from Home - What to Do...

Apr. 15, 2009
You can deduct the expense of traveling away from home if the primary purpose of the trip was to collect rental income or to manage, conserve, or maintain rental property.

Expenses that can be Deducted Immediately

Apr. 14, 2009
If rental property is damaged by vandalism, the cost of repairing the property to its previous condition is immediately deductible instead of being capitalized and depreciated.

Making Health Insurance Deductible

Apr. 13, 2009
Structuring your rental property as a Limited Liability Company (LLC) may permit you to deduct these costs for you and your family, but you should talk to a tax advisor to find out more. Everyone's tax situation is different, and this information should n

Giving Gifts that LOWER TAXES

Apr. 9, 2009
If you give gifts in the course of your business, you can deduct all or part of the cost, but you cannot deduct more than $25 for each business gift that you gave away during the tax year.

Pay Your Kids so they can Pay for Themselves!

Apr. 8, 2009
Starred by: 1 Member
You can pay your kids to do work on your properties, and put the money in IRA accounts for them. This is especially a good idea if you’ve already maxed out on your and your spouse’s IRA contribution for the year. You’re better off avoiding the taxes

Deducting the Costs from your New Business

Apr. 7, 2009
Starred by: 1 Member
Start-up expenses are costs incurred while creating an active trade or for investigating the creation of a business or trade. This includes expenses incurred when acquiring an existing for profit activity, as well as expenses incurred during the anticipat

How to Deduct Losses When You Don't Have an Expense

Apr. 6, 2009
Starred by: 1 Member
Losses incurred because of a casualty, disaster, or theft may be tax-deductible. A casualty is a loss of property (including damage and destruction) due to a sudden event that is identifiable, unexpected, and unusual. These losses may be limited, but they

Owners can Sell Property to Themselves?

Apr. 5, 2009
Starred by: 1 Member
Selling property to your own S-Corporation may be beneficial in some specific situations, like if you are trying to meet requirements for the two year rule ($250/500k exclusion), or if you are trying to take advantage of depreciation on appreciated proper

Deducting the Cost of TENANTS

Apr. 4, 2009
Starred by: 1 Member
Landlords often incur expenses to light common areas or operate security systems on their properties. Other common expenses include power, water, gas, and cable, and internet. Any utility costs incurred during a period of vacancy are also fully deducti