Rochelle Gerber
Struggling to find decent hard money
1 November 2024 | 14 replies
If you have recent rehab experience (typically within the last 12-24 months) then you typically can secure better terms.
Melanie Baldridge
Understanding the IRS Section 179 Election
1 November 2024 | 0 replies
Examples of qualified improvement property include improvements made to the interior of nonresidential real property, such as HVAC systems or alarm and security systems.We refrain from making direct recommendations on Section 179 because we believe this decision is best made by the CPA, who completely understands the client’s overall tax situation.The decision to elect Section 179 is deeply tied to broader tax implications, including other deductions, income limitations, and future business planning.Your CPA has a holistic view of your finances and can help you make the right choice.TLDR:* Section 179 is a powerful tool for business owners and real estate investors, allowing immediate expensing of qualifying assets in the year they are placed in service.* Annual limits apply to how much can be expensed, with the 2024 cap set at $1,220,000, and investment limits that start to phase out when more than $3,050,000 of property is placed in service.* Not all property qualifies for Section 179.
Andrew Foster
Buying my first property, Transferring Deed, and LLCs
28 October 2024 | 12 replies
I still plan on personally guaranteeing the loan to secure it.
Cory Melious
Tenants plugged drain and septic tank with tush wipes. What to do?
31 October 2024 | 7 replies
I'll reach out to the lawyer in the meantime, but I suspect if they refuse to pay it, it'll have to come out of their security deposits when they move out?
Paul Passafiume
Anyone tried Ziprent or remote property managers??
3 November 2024 | 8 replies
Hi Paul,I'm one of the founders and wanted to thank for you for considering Ziprent.To clarify, our tenant placement fee is $1,250 and property management fee is a flat $125/mo.We utilize a secure, on-demand showing process that doesn't require an an agent.
Marco Chaidez
ADU-Ready Flip in San Juan Capistrano: A Profitable Transformation
31 October 2024 | 0 replies
Negotiation involved a thorough analysis of the property’s potential and local comps, allowing us to secure it at a price that would ensure profitability after renovation.
Miguelli Fernandez
Seller needs two weeks after closing to move out
31 October 2024 | 23 replies
At a bare minimum, I would require a written lease agreement and a standard security deposit equal to an entire month of rent.
Matthew Drouin
The FED Just Hit The Panic Button
28 October 2024 | 15 replies
These changes aren’t immediately reflected in official statistics but affect household incomes and consumer confidence.
Deborah R.
Repair Roof or just Wait for a Storm?
30 October 2024 | 12 replies
In several areas, the shingles need to be secured because they can flip up.
Raghavendra Jakkani
First month rent
30 October 2024 | 2 replies
So the total amount that should be paid will be rent for remaining days in month + security depositORrent for remaining days in month + next month + deposit - I don't know when would this situation arise.