Account Closed
Kansas City, Mo Evictions, garnishments & the painful collections
19 December 2024 | 4 replies
Stay tuned to see if they collect anything.
Rereloluwa Fatunmbi
Seeking Advice to Improve STR Performance in East Downtown Houston
22 January 2025 | 22 replies
It feels a little feminine to me, which is fine if you are going after that market segment.
Brice Alef-Torrisi
Managing finances between multiple properties
14 January 2025 | 7 replies
@Brice Alef-Torrisi To manage finances for multiple properties, maintain separate bank accounts for each property if held under different LLCs to avoid commingling, which could jeopardize liability protection and complicate tax deductions.If properties are under one LLC, using a single account is fine but requires detailed record-keeping for each property.
Michael Plaks
EXPLAINED: How to find a CPA focused on real estate
9 January 2025 | 20 replies
Quote from @JD Martin: Quote from @Benjamin Weinhart: Speaking to your item #6, I was actually told by the staff here over the phone maybe 5-6 months ago that DMing someone is fine so long as it's not a copy/paste ad and is specific to the individual.
Jim Bryant
Collecting an Eviction Judgement
3 January 2025 | 1 reply
I know most people are going to tell me not to bother, which is fine, but that's not really my question.
Alex Silang
Are you buying this year? Why?
3 January 2025 | 2 replies
fine with me - on to the next one.
Thomas A. Rufo
STR not compliant with HOA
3 January 2025 | 3 replies
Rufo, so you are violating the HOA rules so I don't think they would cover anything if it is the fault of your guests.This will eventually catch up with you and could result in some big fines so maybe think of selling this or converting to a LTR instead.
Anthony Vaganos
DCSR vs Conventional with transfer tax
19 January 2025 | 8 replies
Learn of course, but many of us have purchased properties throughout our career without "iron clad" veils and have done just fine.
Eric Helena
1031 exchange with relative
31 December 2024 | 2 replies
These accountants believe that purchasing from a related party is fine as long as it is an arms- length documented market-consistent transaction.
John Britt
I am reintroducing myself
4 January 2025 | 3 replies
If you decide to operate one outside of their desired areas, they will come after you with hefty fines.