M Amin
Asset Protection for Rental Properties
29 January 2025 | 1 reply
If you own several apartment buildings your best interest might be to speak with a asset protection attorney versus asking questions online of just anyone who might respond.Good Luck!
Caryn Fischer
Tax question with selling a house
22 January 2025 | 4 replies
Selling at FMV avoids the gift tax but provides your child with a higher tax basis, reducing their future capital gains liability.A better strategy for selling below FMV is to sell the house at FMV on an installment note, then forgive interest and principal annually up to the gift tax exclusion amount.
Tiffy W.
Do you suggest renting PO Box to collect rent?
1 January 2025 | 32 replies
Just reduce there rent by $5 and they will be happy to do it.
Renee Tan
How can I learn Yardi?
16 January 2025 | 9 replies
In my search, I've noticed that many positions require proficiency in Yardi.I've been actively looking for effective ways to learn Yardi, but it seems challenging to find suitable training or courses online.
JR Gonzalez
1031 into TIC/DST aaaaand into single family home?
17 January 2025 | 6 replies
You could also add cash to your exchange account to reduce the debt replacement if you wanted.
Damon Diddit
Inheriting a problem tenant after closing
28 January 2025 | 5 replies
I know this is above and beyond what most municipalities require, but being fair will make the whole process easier.Additionally, a new landlord can reduce the 60-90-day notice by offering more moving assistance (cash and/or labor) if they move sooner rather than later.
Charlie Loomis
From Master Metered to Indivdual
19 January 2025 | 6 replies
Has really reduced our water bills since we installed them.
Andrew Slezak
Section 8 rent increase
28 January 2025 | 9 replies
This is the max that Sec8 will pay for any property and is the information that you can find online.
Janine Sharma
1099 or W2 for onsite MHP property manager?
12 January 2025 | 7 replies
If your manager is just 'keeping an eye' on things, collecting/reminding on a few rents here and there and some light cleanup while being compensated in free or reduced space rent then classifying them as 1099 subcontractor is great.
Samuel Coronado
Looking at another park
13 January 2025 | 8 replies
Options like a unique amortization schedule or a 3/2/1 or 2/1 stepdown interest rate could provide initial relief to get you through the renovation phase while giving the seller confidence in a structured payoff plan.To determine an entry point, consider reducing the price based on the current NOI.