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5 September 2024 | 4 replies
If there were competing offers you could risk losing the property if you ask for changes depending on how the contract was written.
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4 September 2024 | 6 replies
The loss is typically treated as a short-term capital loss, which can directly offset short-term capital gains, and up to $3,000 of any excess loss can offset other income.Consult a tax professional to ensure you're handling this correctly and maximizing your potential tax benefits.However, if you lose the money you pay to buy the debt, the deduction from the loss doesn't equate to tax savings dollar for dollar.
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5 September 2024 | 14 replies
I previously had a self directed IRA with Entrust and had numerous issues mostly related to the time it takes then to process requests, which can potentially cause you to lose out on deals.
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4 September 2024 | 3 replies
They could be completely ignorant of how their PM operates or that the PM is losing them money hand-over-fist.Start by going to www.narpm.org to search their directory of managers.
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5 September 2024 | 11 replies
By charging below on rent, you're losing profit, and by overcharging, your properties may end up sitting vacant, which ultimately will cost quite a bit.
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3 September 2024 | 23 replies
If you take over their accounts (which is a violation of terms of service) and they find out, you will get those account banned and lose it all.I would work hard to start over and get those bookings over to your new account.
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7 September 2024 | 85 replies
After the funds are distributed, you would lose any future tax advantages that would have applied to the retirement account.
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8 September 2024 | 101 replies
from my perspective C can be 50 50 for out of stand landlord as in 50% chance of a decent outcome over timeD class for out of state I think is 80 to 90% of folks that try this will lose money and end up exiting as a loss sometimes a huge loss
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3 September 2024 | 1 reply
Typically, you don't want to lose money, especially if you have a long vacancy, major repairs down the road, etc.A couple of considerations to calculate:1.