Travis Smith
Using real estate for tax purposes only
1 January 2025 | 5 replies
Is it worth getting into real estate investments that’s professional managed primarily to avoid taxes?
Bruce D. Kowal
§1031 Exchange QI Selection: Operational Competency Red Flags (Part 2/3)
15 January 2025 | 0 replies
OPERATIONAL COMPETENCY CHECKLIST 📋DOCUMENTATION HANDLING 📑Clean, professional exchange documentsPrompt response to document requestsClear tracking system for deadlinesWritten procedures for identification period complianceSTAFF EXPERTISE 👥Dedicated exchange coordinatorsLegal counsel on staff or retainerClear escalation proceduresContinuous training programsWARNING SIGNS OF INCOMPETENCE 🚩Confusion about basic §1031 rulesUnable to explain identification rules clearlyMissing or inconsistent tracking of key datesPoor communication during critical periodsNo backup personnel for your coordinatorTECHNOLOGY INFRASTRUCTURE 💻Look for:Secure client portalsAutomated deadline notificationsElectronic document storageReal-time transaction trackingCOMPLIANCE RED FLAGS 🚨Suggesting aggressive interpretations of §1031Unwillingness to provide written guidanceCasual attitude toward identification rulesPushing timeline boundariesEXPERIENCE MATTERS!
Jason Vestweber
3620 Southgate Pl SW
14 January 2025 | 3 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Matt Cecala
Pittsburgh(ers) Investing in Pittsburgh
5 January 2025 | 23 replies
Happy New Year,I'm reaching out to connect with professionals in the Pittsburgh area.
Dominic Diguglielmo
Very short sale.
11 January 2025 | 0 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Diandre Pierce
I have 5 houses renting, what's next
12 January 2025 | 8 replies
Seriously though, if you haven't already get your self a solid real estate-focused tax professional in your corner.
Travis Boyd
How effective can MTR be with small multifamily properties?
7 January 2025 | 16 replies
Quote from @Miguel Del Mazo: Quote from @Jonathan Greene: Quote from @Miguel Del Mazo: We have 3 2/1 condos in our portfolio that attract traveling professionals (medical or otherwise) and a triplex that we essentially BRRR'd down to the studs.
Alissa Schmitz
Has anyone tried TurboTenant's maintenance program Lula?
31 December 2024 | 8 replies
If additional funds are required or if a professional is unable to resolve the issue, Lula will reach out to you directly.Let me know if you have any questions!
Kyle Cross
Is investing with family inheritance a good idea?
6 January 2025 | 8 replies
Are they being professionally managed or DIY managed?
Nico Banuelos
Hello BiggerPockets Community,
9 January 2025 | 2 replies
It's always inspiring to see fellow real estate professionals who are passionate about learning and sharing insights.Phoenix is a vibrant market with plenty of opportunities.