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27 September 2024 | 4 replies
Security deposit amountYou can find plenty of examples by searching for "tenant estoppel certificate doc" or exchanging "doc" with "pdf" for more options.Here is an example and explanation: Sample EstoppelSome have a lot of legal jargon but this document does not need to be so detailed.
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30 September 2024 | 46 replies
It’s a great way to create added value while supporting the local economy.Discounts or freebies: Some local businesses may be open to offering discounts to your guests in exchange for being featured in your welcome book or on your property’s website.Looking forward to hearing from you and others as we share tips on growing and thriving in the STR world.
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26 September 2024 | 1 reply
While you may get a 199A deduction, you are paying a high tax rate.If we are talking about REIT's listed on an exchange, there are additional overhead costs as you mentioned - You have to get audited financial statements and also comply with certain SEC laws.
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27 September 2024 | 9 replies
I would bet the most of us self manage.
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25 September 2024 | 4 replies
Hello Tax pros,I am planning on executing a 1031 Exchange (simple one - no boot, same owner, etc.) using IPX 1031 sometime over next couple of months (already had call with IPX) and had a question relating to my taxes on the potential upcoming transaction.
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30 September 2024 | 25 replies
Just to clarify, I believe you have to actually own the property for it to be your homestead so unless they bought the house they moved into as tenants in common before the marriage, they would have needed to exchange deeds after.
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27 September 2024 | 22 replies
I would say your best bet is to see if you can purchase a home with an assumable mortgage.
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30 September 2024 | 47 replies
And I'd happily take it, knowing it's above market price, in exchange for my cash back.But if you're trying to pull off a fix-and-flip you need to be realistic.
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27 September 2024 | 18 replies
I really see Columbus Ohio as an extremely safe bet for the next 10-20 years.