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4 March 2024 | 7 replies
this is a labor intensive and painful strategy.
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5 March 2024 | 43 replies
Tenants that always call about everything are a pain, but tenants that never call are even worse for your bottom line.2) Replace smoke alarm batteries.
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3 March 2024 | 8 replies
It turned out to be very profitable but a real pain.
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4 March 2024 | 29 replies
Enjoy the process, the pain is short term.
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9 March 2024 | 261 replies
It's a fine line between pleasure and pain heheI have to stop mate in order to keep it at PG 15+haha
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5 March 2024 | 70 replies
I understand your pain, and several years ago, I was in your shoes.
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4 March 2024 | 34 replies
They have produced a "written opinion," we (group of investors) have requested and been sent the LLC's tax returns, we have been pains in the petunias, the syndicators CPAs held a Zoom call that would have been more hilarious than a Sat Nite Live skit, except they accidentally "lost" the recording.What I need to know is whether the IRS requires small (<$2.5M investor money) syndications that are generally straightforward (1 syndicator with sweat equity *ownership* shares and the remainder of investors with purchased shares) to calculate ownership via K-1 tax capital accounts, Line L, not Line J, when the OA is silent, but can be amended to say ownership is by contributed capital, the latter representing the substantial economic effect and true economic relationship among the partners.
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1 March 2024 | 18 replies
Long story short, pain in the butt to set up.
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1 March 2024 | 3 replies
Even old wood windows can often be fixed with some sanding and paint.Single pane, raw aluminum is ugly and old wood frame is a pain to operate but they work well enough and not replacing them helps me keep my rents within reach for families who need affordable housing.In some cases I will replace a single window in a house if the frame is destroyed but I never do the whole house.
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29 February 2024 | 6 replies
This classification typically means that the property is listed on the National Register of Historic Places or is located in a registered historic district.Substantial Rehabilitation: The building must undergo "substantial rehabilitation" to qualify for the credit.