Jesse Jones-Smith
Advice on keeping expensive house as rental and downsizing
16 November 2024 | 12 replies
@Jesse Jones-Smithhi. i tend not to advise people on personal residence items because... it's too personal. so i'll just pick one thing you mentioned and provide a comment.
Christian Licata
in need of some advice/guidance
14 November 2024 | 6 replies
Unfortunately being a rookie I went with an inspector that came from a company that had a solid website and the inspection failed to spot many items.
Mike Sather
Is anyone using "Worry Free Waivers"
13 November 2024 | 5 replies
This has helped me in the past when a unit has been damaged and/or small items are misplaced like silverware, pots/pans, etc.
Scott Trench
REPS And Active Losses and Gains
16 November 2024 | 21 replies
Evan, looks like maybe what your referring to is that any personal property is classified as sec 1245 so the recapture on that portion is taxed as ordinary income (and rest of property is taxed differently).
Kenneth P Ford
Best Property Manager In Dayton
15 November 2024 | 10 replies
@Kenneth P FordRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
Ryan Leake
Navigating STR Loophole Tax Strategy: Success Stories and Cautionary Tales
18 November 2024 | 47 replies
Please stop referring the rules and regs as a loophole.
Jeremy Beland
How a Set of Doorknobs Nearly Cost Us a $25,000 Deal
13 November 2024 | 2 replies
This time, she agreed, and the sale finally went through.This experience reminded me how seemingly minor items can hold enormous sentimental weight.
Scott Trench
Syndicator Threatens LPs for Negative Comment about them On BP
26 November 2024 | 86 replies
We’ve got to separate this type of loss from those in which the 5 items listed above weren’t followed.
Scarlett Tao
Co-signer income requirements
18 November 2024 | 14 replies
Can I reject on income and lack of rental references?
Michael Whitman
Due diligence checklist
13 November 2024 | 9 replies
Here’s a quick checklist to cover your bases:Property Condition: Get a thorough inspection to assess major items like the roof, foundation, and HVAC—this helps you plan for any big repairs.Financials: Account for all costs, including taxes, insurance, maintenance, and property management fees if applicable.