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9 January 2025 | 44 replies
I agree that Class C is definitely not the way to go unless you are just going to flip the properties to home buyers looking for a primary residence.
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26 December 2024 | 7 replies
FYI--Most condos in Dallas do not allow AirBnB type residency.
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22 December 2024 | 1 reply
Investment Info:Single-family residence fix & flip investment.
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19 December 2024 | 6 replies
So I'm guessing it might depend on your state laws and personal situation. and make sure you know of any sticky items that would eliminate the protection you get from the LLC.
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22 December 2024 | 1 reply
You can also check out groups like the National Alliance for Recovery Residences (NARR), which might have some leads for you.Another option is to talk to property managers who specialize in group homes or sober living.
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18 December 2024 | 15 replies
This was done to protect senior citizens on fixed incomes from being forced to sell their homes due to unaffordable property tax increases.Since the passing of this amendment, all properties in Michigan have two property tax values associated with them:State Equalized Value (SEV): supposedly equal to 50% of the market value of a property, not based on recent sales price.Taxable Value: the SEV annually capped as long as there is not a transfer of ownership.City Assessors are charged with determining how much property values have changed each year.
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23 December 2024 | 2 replies
I am a recent graduate of Penn State University, and currently reside in Bethlehem, PA
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22 December 2024 | 2 replies
Investment Info:Single-family residence note investment investment in Reading.
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27 December 2024 | 22 replies
These residents caused so much damage and disruption to the entire complex that many non-Section 8 residents moved out.
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23 December 2024 | 5 replies
You could also offer to cover part of their tax liability through negotiation or encourage them to convert the property into their primary residence to use the IRS exclusion for up to $250K/$500K in gains.