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4 February 2025 | 7 replies
You could try filing a case/judgement against them but I’m guessing they ar leaving the area to screw over the next MTR landlord.
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2 February 2025 | 0 replies
No I drew up my own contracts and filed the paperwork myself
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29 January 2025 | 14 replies
Cut it open and see what’s going on, it may not be much, but if it is, file on your insurance and then they can go after the tenant.
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17 January 2025 | 9 replies
I want to invest it wisely so that a part of it is used for my living expenses and the remainder invested in RE producing cash flow and appreciating over time.
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28 January 2025 | 11 replies
Quote from @D'Ann Melnick: Saw this was an old question, but it came up in search - this is all part of the rent stabilization laws passed in 2024 - https://www.montgomerycountymd.gov/DHCA/Resources/Files/tena...The pet deposit cannot exceed $300 and the total amount of security deposits collected cannot exceed two month's rent.
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6 February 2025 | 17 replies
NMLS call center said they have no problem with it but it strikes me as odd that the MU4 filing requires you to disclose other 'financial related activity'.
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6 February 2025 | 5 replies
In 12/12/2024 Versity is being sued in a 56 million dollar lawsuit against them.Here is a summary:https://casetext.com/case/khca-funding-llc-v-versity-invest-...Blake Wettengel, associated with Versity Invest, LLC, has been implicated in a lawsuit filed by KHCA Funding LLC and Knights Hill Ireland II DAC.
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19 January 2025 | 1 reply
You might need to file 1099s if you used contractors or other people whom you paid for labor:https://www.biggerpockets.com/forums/51/topics/1167632-expla...
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24 January 2025 | 0 replies
You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate won't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.It's an incredibly powerful benefit if you do meet the criteria.
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19 January 2025 | 41 replies
Not sure if you can file a complaint and ask for this to be re-assessed.