Kimberly Pittman
Duplex investment in Waco Texas
10 January 2025 | 1 reply
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Ricardo Navarro
Flip in CLE
15 January 2025 | 2 replies
be sure to stick to your 70% rule for the flip, know your numbers. run everything conservatively. overbudget for time and costs but 15-20% Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Gene Kim
Looking for flip opportunities in NJ
7 January 2025 | 3 replies
I have a tax firm that specializes in working with real estate professionals/investors.
Steven Catudal
Partnership split help
10 January 2025 | 9 replies
@Steven Catudali don't understand the value that he is bringing... those are all just items you can pay a professional for.
Bruce D. Kowal
§1031 Exchange QI Selection: Operational Competency Red Flags (Part 2/3)
15 January 2025 | 1 reply
OPERATIONAL COMPETENCY CHECKLIST 📋DOCUMENTATION HANDLING 📑Clean, professional exchange documentsPrompt response to document requestsClear tracking system for deadlinesWritten procedures for identification period complianceSTAFF EXPERTISE 👥Dedicated exchange coordinatorsLegal counsel on staff or retainerClear escalation proceduresContinuous training programsWARNING SIGNS OF INCOMPETENCE 🚩Confusion about basic §1031 rulesUnable to explain identification rules clearlyMissing or inconsistent tracking of key datesPoor communication during critical periodsNo backup personnel for your coordinatorTECHNOLOGY INFRASTRUCTURE 💻Look for:Secure client portalsAutomated deadline notificationsElectronic document storageReal-time transaction trackingCOMPLIANCE RED FLAGS 🚨Suggesting aggressive interpretations of §1031Unwillingness to provide written guidanceCasual attitude toward identification rulesPushing timeline boundariesEXPERIENCE MATTERS!
Desiree Board
Sole proprietor, LLC or Corporation?
15 January 2025 | 2 replies
Readers should seek professional advice.
Eric Wagner
STR in Vermont
5 January 2025 | 0 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Dhruv Patel
First rental property in Ashburn VA
14 January 2025 | 2 replies
But still, I think it's a bit too high.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Caryn Fischer
Tax question with selling a house
14 January 2025 | 3 replies
There are numerous professionals in these forums.
John Davey
Can you deduct interest (primary house) from a home equity loan to buy a rental?
3 January 2025 | 11 replies
That said there are some nuances and requirements to property implement interest tracing so ensure you talk to your tax professional ahead of time and keep the funds movement as clean as possible.