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1 November 2024 | 22 replies
IRS pub 425 says, "Passive activities include trade or business activities in which you don't materially participate.
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2 November 2024 | 4 replies
His book is next on my list; just looking for ways to actively do something (and to your point, relevant to the market I’m looking at).
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30 October 2024 | 1 reply
That wouldn't stress out the resources anymore than renting to two people.
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7 November 2024 | 15 replies
The alternative I see as a work around but full disclosure I am not a lawyer is giving tenants notice to vacate and then listing the property with no active tenants or have tenants sign off that they are not interested in buying the building and list right away. 99% of tenants are not capable of being buyers so who knows how often this ordinance will actually be used.
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6 November 2024 | 22 replies
It's a very active state for us.
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28 October 2024 | 30 replies
I would do this anyway to relieve yourself a bit (of time and stress).
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2 November 2024 | 11 replies
I would definitely recommend going slow, and making sure you have solid financials on each property compared to trying to get as many as possible in a short amount of time; no need to put yourself in financial stress.
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31 October 2024 | 10 replies
The AppFolio integration works great, but everything else is hit or miss, which is incredibly stressful when you’re trying to stay on top of your property finances.I’m curious if anyone else has experienced similar sync problems or if there are any recommendations for alternative platforms that might work better.
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5 November 2024 | 6 replies
As Election Day nears, many individuals halt their major financial activities because they feel the uncertainty of the election results may have adverse effects if they act now.
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2 November 2024 | 10 replies
I'm planning to actively pursue my first investment property in January and am interested in a BRRRR strategy.