Bruce D. Kowal
🌟 1031 Exchange QI Selection: Relationship & Reputation Deep Dive (Part 3/3
16 January 2025 | 0 replies
Pressure to use affiliated servicesHidden fee structuresPROFESSIONAL BOUNDARIES ⚖️Good QIs maintain:Clear fee disclosuresWritten policiesProfessional distanceEthical guidelinesWATCH OUT FOR 👀QIs who:Push investment productsOffer tax or legal advice without credentialsSuggest "creative" solutionsPromise guaranteed returns on exchange fundsBEST PRACTICES FOR VETTING 📋Check multiple referencesVerify professional membershipsResearch online presenceReview complaint historyExamine years in businessINDEPENDENCE MATTERS!
Laurieann Frazier-Duarte
Commercial real estate
21 January 2025 | 4 replies
This aligns with my interest in passive income.I realize I am not cut out for the entire REI process of consistently finding multiple properties for particular exit strategies.
Ryan Cushman
STR Investment in Ellijay GA
17 January 2025 | 0 replies
At the time, just about everything was going for much higher price per square foot and with multiple offers.
Francisco Milan
Listing Agents Question: If you needed to get 5 listing this month .....
19 January 2025 | 2 replies
I once made the mistake of chasing multiple listings at once, which turned into a disaster.When I shifted my focus to serving one client at a time with honesty, integrity, and accountability, referrals started coming in without any marketing.
Ben Hofstra
Best Bank Account for my Situation
9 January 2025 | 9 replies
It's much easier to set things up right than to have to transition them later when you have multiple properties and many, many transactions.
Drew Sygit
New Michigan Law: Landlords Can't Discriminate on Tenant Income Source
21 January 2025 | 11 replies
We have only 2 criteria for the order we process applications: 1) nearest move in to the date unit is available to be rented 2) order that the completed applications are received.If we had a unit for rent that would be rent ready Jan 15 and have multiple applications, the application processed first is the one who can move in the fewest days after Jan 15. Â
Nathan Harden
Expanding to Akron, looking for advice
17 January 2025 | 21 replies
Just this month, I’ve gotten under contract for my clients for multiple 20%+ cash on cash rental properties so there’s definitely tons of opportunity here.
Annie Anson
How to meet material participation hours for out of state investors
22 January 2025 | 25 replies
We hope to eventually have multiple properties, but want to take our time to learn and make the right decisions with our first rental.
Kendall Brutus
I'm back and let's chat.
22 January 2025 | 4 replies
I’ve heard so many inspiring stories about members who started with nothing and now own multiple properties by taking a chance.
Victor Yang
if i gift a house, is the cost basis what i purchased it for or the FMV?
24 January 2025 | 8 replies
Splitting the gift across multiple years may reduce immediate tax reporting but requires appraisals, legal documentation and proper structuring.If the house is highly appreciated, holding it for inheritance may be more tax-efficient because the recipient would receive a stepped-up basis to the FMV at the time of your passing, eliminating much of the capital gains tax liability.This post does not create a CPA-Client relationship.