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21 December 2024 | 7 replies
Refinance post rehab, have the higher rate but apply option 1 cashflow to cover the increase.
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23 December 2024 | 12 replies
To apply cost segregation to your 2021 taxes, you need to do it at any time before you file your taxes, not before the New Year's champagne toast.Home office.
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13 December 2024 | 6 replies
You can I would just watching to not to apply too many places.
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16 December 2024 | 7 replies
DSCR has other guidelines, but generally the same rules will apply more or less.
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17 December 2024 | 4 replies
They should have a process for this that will likely involve probate.
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17 December 2024 | 8 replies
Like anything involving holding of funds, your client should do his own due diligence and you should refer several to him if you are going to refer any.
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13 December 2024 | 4 replies
But I will say that 1031 will not apply, that needs to be a longer-term hold/investment. 1031 applies to rentals, STRs, MTRs that are held for much longer.
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18 December 2024 | 24 replies
While the 1% or 2% rule might not apply, focus on factors like occupancy rates, rental demand, and appreciation potential.
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15 December 2024 | 4 replies
My vision includes developing the land into a destination with features like driveways, walking paths, utilities, and unique lodging structures.Here’s my tentative plan1.Place the existing STR in an LLC2.Apply for an SBA small business loan to fund the next steps, including a feasibility study (~$10k+), land clearing, and infrastructure development.While this direction excites me, I’m torn between pursuing this venture and continuing with a more traditional approach—buying one home per year using conventional loans.I’d love to hear your thoughts:•Has anyone transitioned from STRs to glamping or similar ventures?
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13 December 2024 | 5 replies
Last questions, can't a voucher holder apply to any home of any size in their approved area?