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3 January 2025 | 40 replies
I have very rarely sold a property over the last 35 years and the income properties I hold now cash flow very well with not to much effort involved.
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1 January 2025 | 12 replies
The title attorney involved had open communication with all parties on this and an addendum was added to the contract stating this.
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26 December 2024 | 18 replies
When I filed a claim, my insurance company denied it because the property was under rehab and not rented.
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24 December 2024 | 9 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.
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30 December 2024 | 12 replies
The department of justice filed a request to eliminate the comp agreement requirement due to possible anti trust violations.
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31 December 2024 | 3 replies
This allows for proper retirement of assets.If a property has already been sold it may still be a good candidate for cost segregation as long as you sold the building and have not filed the tax return.
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29 December 2024 | 8 replies
You must know something about it already, since you got involved in it.
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26 December 2024 | 9 replies
While the traditional approach involves buying a multi family property, living in one unit and renting out the other - with rising prices and interest rates; others have considered renting out bedrooms as unit spaces.
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23 December 2024 | 1 reply
Compliance states there is no way to remediate this unless a new file is created. lender credit is 6900 which is the seller concession and no COC can be issued for “incorrect” lender credits.
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6 January 2025 | 57 replies
RE is a lot more active and involved, even if you hire a PM and a GC which BTW eats up your returns.