
19 November 2024 | 0 replies
To qualify, taxpayers must meet specific criteria demonstrating that they are real estate professionals who materially participate in their rental activities.How to Navigate the Rules:Step 1: Identify your real property trades or businessesHere is a list of activities that are considered to be a real property trade or business:RedevelopmentLeasingConversionConstructionReal property developmentReconstructionOperationRentalBrokerageManagementAcquisitionIf you participate in multiple of these activities, you may be able to combine them making it easier to meet the material participation hour requirements.Step 2: Demonstrate material participation in real property trades or businessesThere are seven tests to determine if you demonstrate material participation.

21 November 2024 | 16 replies
It may be required on a Commercial, DSCR, or Hard Money loan but I would encourage you to speak to multiple lenders to find out which specific loan program you need for your goals and qualifications.

19 November 2024 | 5 replies
If you have multiple units you are self managing or are a PM then all those connections add value.

20 November 2024 | 31 replies
Pace has built multiple income streams that appear to be helping investors, but are really designed to make money for him.

19 November 2024 | 2 replies
It includes high-efficiency HVAC systems, contemporary LED light fixtures and multiple tankless water heaters.

18 November 2024 | 3 replies
There have been multiple revisions this YEAR alone for state regulations that most leases online will not have updates on.

18 November 2024 | 14 replies
The 1031 exchange would allow you to indefinitely defer all of the capital gains taxes and use it to purchase multiple newer properties with lower capital expenditures, in a better market.

21 November 2024 | 20 replies
Always get multiple opinions

19 November 2024 | 23 replies
Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

19 November 2024 | 14 replies
My challenge is that I’m struggling with figuring out if a property will be profitable or not, even though I've done research on sites like AirDNA and tried to analyze multiple factors.where Im stuck: 1.