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8 November 2024 | 4 replies
Hi - are there any scenarios in which mid-term rental income/losses can be considered as active income rather than passive, besides when one has REPS status?
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18 November 2024 | 9 replies
Normally with long term rentals though, losses are considered passive activity losses and not released until you dispose of the property.
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20 November 2024 | 14 replies
First off, if you have passive activity losses carryovers (unused losses from previous years) those losses wil be recognized to the extent of your passive income (gain) from the sale.
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16 November 2024 | 5 replies
There are a lot of active users in Houston that you should be able to connect with and meet at local meetups if you don't know them already from your experience.
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15 November 2024 | 9 replies
While it's not completely unusual for deals to die at the table, if enough happen in a row you generally need to look in the mirror - what is your role in blowing up the deal?
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15 November 2024 | 10 replies
I will add, since it's colder now, wasps, bees, etc are not very active and either die or inactive.
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16 November 2024 | 2 replies
For non-primary residences, they have to follow all of the following rules to receive a permit: - the property must be a minimum of one (1) acre in size (designed as a precaution to disturbances)- The building standards of the underlying zone district must be met - Adequate parking is provided - Defensible Space requirements are met - Valid water and sanitation must be demonstrated - No more than five (5) bedrooms are in the dwelling As time goes on, they continue to become more strict on the rules listed above here, and are actively regulating it.
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19 November 2024 | 3 replies
Ask agent to do final walk-thru video to send to you to confirm quality of work BEFORE final payment to contactor.8) List the property for sale.NOTE: we're heading into winter/holidays when all real estate activity slows.
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15 November 2024 | 13 replies
I've seen active pump jacks in the yard, but not sure who was there first...the well or the house.
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17 November 2024 | 32 replies
My husband took on the father role to my 5 year old daughter.