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2 October 2024 | 11 replies
I'll test it out.
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30 September 2024 | 10 replies
You can, and should, interview them and ask them all of the appropriate screening questions - but you won't be able to "test" them out without contributing significant capital as part of your test.
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2 October 2024 | 17 replies
Your rent will roll in each month and you will be kept apprised of everything you want to know about (maintenance, renewals, etc.)
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30 September 2024 | 11 replies
Some cliff notes:REP status requires 750 hours in real estate activities, and then after you hit that, the test is materially participating in your rental activities.If it is a short term rental with less than a 7 day rental period, if you materially participate, which could include at least 100 hours and that is more than anyone else, then yes possibly can use the bonus depreciation against other sources of non-passive income.
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30 September 2024 | 12 replies
Changing the tractor's oil in the driveway was another favorite: keeps the dust down in the summer.The developer risk is if that solid ever gets tested (phase one or phase two environmental study) you may have to dispose of it as toxic waste, which is super expensive.
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27 September 2024 | 3 replies
@Wendy JiangBe honest and say no as mold testing is typically only done when there are visual signs of mold and has never been any signs or complaints.There are many factors outside of mold that can contribute to breathing problems.I would offer that if you wish I can order a hygienist to come to teat for toxic mold - but if it’s found to be negative the costs for the testing would be at your expense.
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30 September 2024 | 30 replies
I'm currently looking to roll out of a duplex I bought in Holly Hill (BRRRR but looking to sell) and continue picking up the 6-12 unit properties that are pretty common in Volusia.Anyone interested in a meetup sometime?
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27 September 2024 | 15 replies
Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.
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27 September 2024 | 3 replies
You keep the deals rolling @Matthew Nosal!
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29 September 2024 | 9 replies
Probably the most important policy change made by the Office of the Superintendent of Financial Institutions was the removal of the stress test for those who are renewing their mortgages.