
22 October 2024 | 1 reply
The listing is currently visible as ready to be in service, and I've already received three bookings.My question is, will I still qualify for the short-term rental tax benefits or loopholes if I have blocked off dates until September 19th due to these repairs?

22 October 2024 | 4 replies
So you qualify for both $500K tax free.

23 October 2024 | 7 replies
Find out how much you can qualify for and if it's enough.

24 October 2024 | 12 replies
Hindsight is 20/20 of course but this is advise borrowers to go the conventional route (assuming they can qualify of course) because it is a cheaper loan then FHA with the MIP for life. https://www.bankrate.com/mortgages/remove-fha-mortgage-insur...

21 October 2024 | 6 replies
I recently learned that if you owner occupy a residence for part of the 5 previous years before sale, and you rent it for the remaining time, you can calculate the percentage of time the property was owner-occupied (and thus qualifies for the sec. 121 primary sales tax exemption of up to $250k for single filers) vs the time it was being rented (which qualifies for 1031 exchange) and claim both benefits. https://hcsequity.com/blog/combining-1031-exchange-with-121-....How does this work for a multi-family?

24 October 2024 | 10 replies
Néstor Orlando Pimentel SolorioYou do not need an LLC with history, nor experience, to qualify for a hard money loan.

29 October 2024 | 131 replies
Tresa Todd Lutgen might be a good Christian coach convincing people to join a religion, but that doesn't qualify her as a real estate expert.If you're sincerely contemplating investing or working with distressed properties, my advice is: EITHER begin at the grassroots and start by immersing yourself in real estate as a realtor.

22 October 2024 | 12 replies
A qualified professional appraiser will generate a comprehensive analysis considering factors such as sales comparisons, highest and best use, market conditions, and income generated following Uniform Standards of Professional Appraisal Practice guidelines.

21 October 2024 | 59 replies
Additionally, you have to be disciplined to spend less than you save and keep in mind that you're paying I/O on the principal balance v/s chunking down principal, albeit minimal in the initial years, which goes against the Dodd-Frank rule for qualified mortgages for homeowners

22 October 2024 | 17 replies
Begin reaching out to lenders to see if you can qualify for a conventional mortgage, especially considering your change in financial situation (living in Phoenix, out of cash)