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3 November 2024 | 15 replies
It is the most popular software in the industry, and all CPAs know how to navigate it, which is nice.2I use it for my portfolios as well.
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30 October 2024 | 4 replies
Hi, How many SMS messages do you send on average to get a lead for p2p texting?
2 November 2024 | 8 replies
The program was created to give low-income tenants an alternative to living in federal project housing.S8 sets their rental rates to the LOW-END of market averages, if not slightly below.What the gurus do NOT tell you is they expect you to get a Class C S8 tenant to rent a Class D property.
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31 October 2024 | 4 replies
I just moved out to Belfair, Washington and would like to dip my feet in the real estate industry.
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1 November 2024 | 10 replies
I am now able to offer 85% LTV on a purchase only.In terms of a cash out refinance, the industry standard is a max of 75% LTV.
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30 October 2024 | 2 replies
I have an investment property with a small front yard and average sized backyard.
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6 November 2024 | 54 replies
On average 14 renters per unit offered.
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2 November 2024 | 8 replies
In addition to that, you still need an additional 24 months of practical construction experience to qualify, which is more than enough time to weed out anyone who can't handle the real-word construction industry.
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30 October 2024 | 10 replies
It sounds like a great opportunity to connect with fellow investors, vendors, and professionals in the industry.
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31 October 2024 | 11 replies
However, this is a difficult qualification to meet, especially if you have a full-time job outside of real estate.Don’t worry if you aren’t able to qualify for REPS status, because there is another strategy that is referred to as a “loophole”, which is the STR strategy.Per Section 1.469-1T(e)(3)(ii)(A): there are six exceptions where your rental property income is not automatically considered to be “rental activity” and thus may unlock the door for being able to offset these losses against your active income.The average customer use is seven days or less.The average customer use is 30 days or less and significant personal services were provided (for example, daily housekeeping).Extraordinary personal services are provided, regardless of the duration of customer use.The rental is incidental to a non-rental activity.The property is available during defined business hours for non-exclusive use by various customers.The property is used in an activity conducted by an S Corporation, partnership or joint venture in which the taxpayer holds an interest.If your property qualifies by meeting one of the exceptions above, the next step is to demonstrate material participation in the rental activity.