Pretty Khare
STR tax loophole with a 2nd home loan
1 November 2024 | 22 replies
But get an LLC and rent from it personally...any cleaning expenses, paying your mortgage etc. come from the LLC's bank account, any outside money that you need to fund the account will be a capital contribution and then you will be able to do cost seg on that property.
Whitney McNair
I fix and flip properties to reinvest in syndications.
31 October 2024 | 1 reply
I would have hired a junk haul person to do the clean out instead of my contractor.
Isaac S.
Delaware Statutory Trust DST 1031 Difficulty Giving up control
12 November 2024 | 171 replies
2/3 of the units are singles/studios, so generally higher turnover, causing higher fees for clean outs and lease ups, etc, etcRecently had to get a "fire rated" door to the roof replaced from some city inspection, the first bids were $3800-$4500, but with the right contractors and a little of my own time and motivation, i got the job done for less than $1500 and 12 hours of my time, and it had 2x the fire rating than the city required.
Steven Mendiola
How Hard is it to Find Tenants?
31 October 2024 | 18 replies
Probably another $100-$200 for cleaning unless you plan to do it.
Rob Bergeron
Beshear holds lottery for first round of Kentucky medical cannabis licenses
30 October 2024 | 2 replies
More importantly, they create a motive for government to promote the sin - in this case wider use of a powerful drug.
Ryan McLaughlin
Our Latest Philly / Manayunk Flip
1 November 2024 | 2 replies
We added a mini split system, new floors throughout, rebuilt the deck, added windows, repaired waste lines, roof, siding, stucco, cleaned up the basement and remodeled the kitchen and bathrooms.
Coreen Foote
A Real Estate Rookie: New Journey in Tampa Florida Real Estate!
1 November 2024 | 8 replies
Knowledge is power and for me, it builds my self-confidence so I’ve been bingeing podcasts, books and also recently gotten my real estate license so that I could have a better understanding of real estate in and of itself, with the hope of building upon that basic knowledge with what I’ve been learning about in real estate investing.
Andrew Syrios
Charging a Monthly Maintenance Fee
29 October 2024 | 13 replies
Hi everyone, we are thinking of charging a monthly maintenance fee to cover our semiannual preventative maintenance inspections (where we check for leaks, clean the AC unit, replace the furnace filter, etc.) and also a once a year gutter cleaning.
Kailas Tare
Two tenants in SFR with ADU?
30 October 2024 | 4 replies
This will allow for you to cleanly pursue an eviction if ever needed.
Stefan St. Marie
How do you calculate gross revenue?
29 October 2024 | 9 replies
And is cleaning fee part of revenue?