Haley Fairbanks
Oxford Housing
1 October 2024 | 18 replies
We have a buyer looking to do traditional financing for each individual home as a single family residence.
Austin Lukes
Class C Tenant Criteria
4 October 2024 | 7 replies
The objecting scoring matrix that we created allows for somebody with a sub-600 score to still be eligible, they just don't gain as many points for being below that threshold... however, still, individuals still seem to be frequently getting denied based on bankruptcy or 6+ non-medical collections......
Connie K.
Transferring property in Arizona LLC to a Minnesota LLC
2 October 2024 | 5 replies
A quitclaim deed should work for transferring the property from the Arizona LLC to the Minnesota LLC, especially since both LLCs are owned by the same individuals and no money is exchanged.
David Pulley
Can I receive a referral fee as a realtor from a mortgage broker
2 October 2024 | 22 replies
It is absolutely illegal - and by the way, it's also illegal for a real estate licensee to pay an unlicensed individual referral/finder's fees too.
Malik Javed
Special Depreciation Rules for Short-Term Rentals (STR) and Long-Term Rentals (LTR)
1 October 2024 | 1 reply
Cost segregation is a commonly used strategic tax planning tool that allows companies and individuals who have constructed, purchased, expanded or remodeled any kind of real estate to increase cash flow by accelerating depreciation deductions and deferring federal and state income taxes.When a property is purchased, not only does it include a building structure, but it also includes all of its interior and exterior components.
Sean MacDonald
Fix and Flip vs. Rental Properties.Which Investment Strategy Delivers Better Returns?
1 October 2024 | 7 replies
The key is analyzing each deal individually and adapting to changing market conditions.
David Mussaw
Seller's Agent Asking for DU. Should I provide it?
1 October 2024 | 9 replies
A pre-approval letter states that it's been approved by an individual that is approved to do so.
Michael Plaks
EXPLAINED: "Real" cost segregation vs. DIY cost segregation
30 September 2024 | 9 replies
The IRS expects your cost seg report to be "factually intensive", "supported by corroborating evidence" and performed by a "qualified individual.”
Shannon F.
Renting rooms vs whole house logistics
1 October 2024 | 15 replies
Put locks on each bedroom door so individual tenants have security of their personal belongings.You need a really good set of rules regarding shared common space, cleaning, kitchen use, bathroom use, etc.Be very clear about the rules up front, and selective about who you put in there.
Ricardo Carrasco
How to help tenants pay rent in Asheville LTRs after hurricane Helene
2 October 2024 | 10 replies
"The President's action makes federal funding available to affected individuals in Alexander, Alleghany, Ashe, Avery, Buncombe, Burke, Caldwell, Catawba, Clay, Cleveland, Gaston, Haywood, Henderson, Jackson, Lincoln, Macon, Madison, McDowell, Mitchell, Polk, Rutherford, Transylvania, Watauga, Wilkes and Yancey counties."