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11 September 2024 | 3 replies
You can meet local investors by registering to attend real estate events in your area: https://www.biggerpockets.com/forums/521-events-and-happenings6.
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12 September 2024 | 5 replies
Woody's business started at the time he purchased the 1st property or at the time he held it out for rent, because, in any event, the expenses in question here all occurred before the purchase date, i.e., before December 30If the earliest possible date investor was actively carrying on a trade or business was December 30, 2004, then any expenses incurred in that year but incurred “before the day on which the active trade or business” began, all the expenses incurred from January 1 through December 29, 2004--would be, by definition, start-up expenses whose deductibility, and possible amortization, is expressly dealt with by section 195 (Start up amortization).Court case for reference: Code Sec(s): 162; 195Docket: Dkt No. 30077-07.Date Issued: 04/30/2009Judge: Opinion by Gustafson, J.Tax Year(s): Year 2004.Disposition: Decision for Commissioner.
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11 September 2024 | 1 reply
I want to make sure that I am adequately protected against potential liabilities and unforeseen events, so any guidance from experienced landlords would be greatly appreciated.
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12 September 2024 | 29 replies
Cashflow is what brings a lot of people into the area, but there is a lot in the pipeline in terms of development and events (World Cup, NFL Draft etc).
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11 September 2024 | 17 replies
Is it mainly through networking and events?
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11 September 2024 | 3 replies
What can you rent the property for as long term rental in the event that AirBnb doesn't work out?
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11 September 2024 | 6 replies
I am afraid your strategy of using additional insured status to circumvent the lender being notified of the change in title ownership will just give your carrier reason not to pick up coverage in the event a claim arises.
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10 September 2024 | 5 replies
I think insurance companies have become more risk averse as weather events increase.
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9 September 2024 | 6 replies
You can meet local investors by registering to attend real estate events in your area: https://www.biggerpockets.com/forums/521-events-and-happenings6.
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20 September 2024 | 114 replies
I have long term rentals but for many years I was only slightly cash flow positive and larger negative events put be back to break even and even a few negative years.Here is the upside and how I changed my mindset.