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4 October 2024 | 2 replies
Is there any supporting documentation that I could have the current renters fill out prior to purchasing the property?
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2 October 2024 | 2 replies
That will cause the commission to notify them of the complaint and that should force them to contact you to make the complaint disappear.https://www.tn.gov/commerce/regboards/trec/consumer/complain...
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4 October 2024 | 5 replies
This is a common question among real estate owners.Let's dive in:The reality is that wealthy families often pass on real estate assets from generation to generation.For example, if one generation has an RE entrepreneur who amasses $50 million worth of real estate, that portfolio can generate enough cash flow to support multiple future generations comfortably when passed on.So, what happens if that initial investor built their empire by rapidly depreciating assets and using 1031 exchanges to lower the basis and defer taxes along the way?
4 October 2024 | 7 replies
I have a background in consumer lending in a nicer area of town - typical clientele are 750+ FICO with cumulative DTI (with new debt) of <35%...
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4 October 2024 | 8 replies
You might find it is overall better to do a MTR if the area can support it.Being on VRBO is a must if you keep it a STR.
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6 October 2024 | 26 replies
I know Kilington and Stowe are strong but I thought being a little closer to major metros might help and the info I'm finding seems to support.
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2 October 2024 | 38 replies
Just to be equally critical of both parties, and make everyone mad, here are two examples: - Imposing tariffs on China absolutely contributes to inflation in many consumer goods. - Giving first time homebuyers $25,000 absolutely contributes to housing price inflationGetting some conservatives running for office to change their mind on the first point ain't gonna happen.
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1 October 2024 | 9 replies
All communications have to be through email, which is some cases is great, but in others it is horrificly time-consuming and inefficient.
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7 October 2024 | 20 replies
As for audits, the IRS may scrutinize high-income taxpayers claiming REPS, so detailed time logs and supporting documentation for material participation are crucial.
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3 October 2024 | 29 replies
Given that you will probably house hack the first few times (3 or 4 years), that tip is literal.Now comes the most important tip you will ever receive from anyone on BP: Make sure you have 100 percent support from your spouse as to both your overall plan AND the tactics/strategies to fulfill your overall plan.