Ivan Cortez
Evicting During Winter Months
1 January 2025 | 6 replies
She might qualify to get a month's rent paid because of this employment disruption. 7.
Shiloh Lundahl
Those of you on the sidelines
30 January 2025 | 45 replies
These policies have been to the detriment of small businesses, the self employed and to large extent true GDP producers.
Susana Alcorta
New to RE living in Austin TX area and about to move to Protland OR!
17 January 2025 | 6 replies
A furnished mid-term rental or month to month lease can be well worth the small incremental monthly cost for this flexibility if you are serious about finding a great live in flip candidate on your timeline, not that of your employer's.
Robert Liu
New build with delta build services in Cape Coral
22 January 2025 | 66 replies
Their rates are good but boy, they looked at my financials and ask some funny questions such as asking for proof that I could withdraw funds from my SEP IRA account, and that I need to provide documentation to verify that this employer sponsored retirement account allows for funds to be withdrawn, or if withdrawals could only be made in connection with the borrowers employment termination, retirement or death etc. everyday they sent me something new to answer.
Jessica Kiely
New rental - attracting a qualified tenant
30 December 2024 | 8 replies
We are fair housing compliant regarding animals.Our tenants’ safety and the peaceful enjoyment of their home is important to us, so we do a credit/criminal background check on all applicants aged 18+, as well as employment and prior landlord verifications.
Devin James
To those who consider themselves very wealthy, is wealth worth what is takes?
22 January 2025 | 56 replies
For me it was not necessarily that and frankly most 9 to 5 weekend off parents get way more time with the kiddos than self employed folks that are striving to build up their investments.
Elizabeth Leb
What would you do with 20k?
9 January 2025 | 28 replies
Thus, I have worked 2 jobs (1 is self employment) for 7 years to fund purchasing a few single family homes locally. 20k is not enough to purchase IMO, that should be your savings AFTER your purchase.
Matthew C.
Advice on multifamily vacancy
13 January 2025 | 11 replies
Our manager looks at employment, rental history.
Paloma Wodehouse
High Priced First Buy
8 January 2025 | 9 replies
Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.
Mary Peale
Seeking Advice on STR Profitability & Strategic Adjustments for Year 2
15 January 2025 | 15 replies
I would try to maximize revenue through things like additional marketing/platforms for example adding VRBO in addition to Airbnb etc, as well as employing pricing software.