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1 October 2024 | 2 replies
Most of them don’t qualify, but often they are not going to tell you the truth – you have to figure it out through your screening process.Evictions for Cause and for Non-Payment: The frequency of needing court filings and eviction proceedings is higher than any other property I’ve ever managed.
1 October 2024 | 4 replies
If Karen wants to continue playing games, might be best to file suit.
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3 October 2024 | 14 replies
**Long-Term Viability**: Since DSCR loans are structured around a steady, income-producing asset, they support long-term stability and wealth accumulation, aligning perfectly with a buy-and-hold strategy.Overall, DSCR loans offer the flexibility, scalability, and cash flow potential that buy-and-hold investors need to grow their portfolios efficiently.
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2 October 2024 | 25 replies
Our mortgage was significantly higher than our flood insurance, and I don't know if we qualify to try to apply for FEMA or if there is other assistance, and if so, if we would apply as a business (we file it on our personal taxes as rental income).
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30 September 2024 | 3 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.
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30 September 2024 | 1 reply
I build out a contractors file in Notes.
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29 September 2024 | 8 replies
Instead I would just need to do the title search first, then once I pay the down payment file a memorandum for the amount I paid them, and then record the purchase and sale contract/land contract with the county so it's on record and clouds the title for extra protection.
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30 September 2024 | 8 replies
@Natalie JohnstoneCalifornia is generally more cumbersome than other states when it comes to taxes and filings.
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30 September 2024 | 6 replies
It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/filesGood luck.
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29 September 2024 | 5 replies
It appears TurboTax (downloaded version/Forms) doesn't have the capability to report an exchange of one residential rental for two residential rentals.I am entering this transaction myself through TurboTax, but I would appreciate feedback from the community on the correct forms that need to be filed.