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21 October 2024 | 4 replies
My goal is to leverage my wholesaling experience to learn the ins and outs of the industry, and eventually scale up into more complex investment strategies.
22 October 2024 | 9 replies
Small claims court maybe.
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24 October 2024 | 12 replies
However, this approach might add complexity, such as additional tax filings, self-employment taxes, and administrative costs.
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20 October 2024 | 12 replies
As long as the tenant receives it and signs a copy, you should be good.Certified Mail works because the Courts accept this as delivered even if the tenant never picks it up.
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23 October 2024 | 19 replies
Hi there,Given the complexity of your situation—owning a rental property in Florida while residing in Illinois, house hacking with your daughter, and planning to claim tax breaks—it might be a good idea to consult with a Certified Public Accountant (CPA) or an Enrolled Agent (EA) who specializes in real estate taxation.While your current tax professional at HR Block has experience with multiple properties, a specialist can offer more in-depth knowledge on multi-state tax issues, rental income reporting, depreciation, and maximizing deductions specific to real estate investments.
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22 October 2024 | 7 replies
If you see yourself owning 2-3 apartment complexes, I would start with at least 4 units, maybe even 8-16.
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23 October 2024 | 27 replies
With condos, sales in the same complex would be most similar.
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16 October 2024 | 0 replies
Purchase price: $1,700,000 In Search of partners or buyers to build this 8 unit complex near Trine University.
21 October 2024 | 2 replies
Hi there,It sounds like you're looking for some advice on how to navigate a complex situation with your brother and your wife.First, let's address the joint account and mortgage issues.
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23 October 2024 | 11 replies
If it is an issue and you do not act in a timely manner AND there is some sort of legal action, then the courts will not look favorably on your response time.