Pixel Rogue
Unique damages from exiting tenant…
30 December 2024 | 5 replies
Will not yet be ready for window treatments as the renovation is still ongoing, and getting closer to time when itemized list of damages are to be furnished.
Angelo Llamas
Taxes on a property that isn’t yet ins service
22 January 2025 | 5 replies
The property taxes will be on his Schedule A during the time the property was his primary residence, assuming he itemizes.
Joseph Kirk
Advice on entering the fix & flip industry
5 January 2025 | 17 replies
Utilize tools like BiggerPockets for resources and calculators, and consider creating a simple spreadsheet to track property details, budgets, and timelines.
Victor Yang
if i gift a house, is the cost basis what i purchased it for or the FMV?
24 January 2025 | 8 replies
Gifting equity in a house may be more trouble than it is worth if you are not near the life-time exclusion1) Potentially having to get the property appraised everytime an equity is gifted2) Having a title company update the title every time3) Exemption of the gift tax return is normally for cash gifts below the annual gift tax exclusion, you may still need to file if you gift non-cash4) If there is partial ownership over several years, having to properly pro-rate certain items such as real estate taxes, mortgage interest and rental income if the property is a rentalBest of luck
Jorge Vazquez
Ever Had to Fight an Appraisal? Let’s Talk About It!
21 January 2025 | 1 reply
Hey everyone, I just finished developing a detailed guide on how to read and dispute appraisal reports effectively, and honestly, I’m amazed at how often small errors can significantly undervalue a property.
Garrett Brown
What is your biggest struggle in the STR world right now?
26 January 2025 | 48 replies
Another struggle i have with STR is replacing small items continually which ties back to pricing.
Greg Grisez
Tenant shot & in the hospital
11 January 2025 | 18 replies
It is not your responsibility to house this person's items indefinitely in your rental.
William J Anderson
Introduction and Seeking Advice on T-12s
27 December 2024 | 8 replies
Because looking at the T12 from a 100 units will be different from 20 units will be different from 5 units in some of the line items (account names).
Brandon Dixon
100 percent financed/Juan Pablo reviews?
23 January 2025 | 39 replies
We understand that not every negative item we dispute will come off.We persist until we succeed because you must have a high-level of doggedness as a real estate entrepreneur.We understand there will be sunk costs and time being wasted.
Neeta Agrawal
Asking for Security deposit after 1.5 yrs
4 January 2025 | 7 replies
On June 7th, we sent an itemized list of deductions via text; he responded on June 8th, disagreeing and threatening legal action.