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Results (10,000+)
Mary Jay Fix and flip/construction loans
8 November 2024 | 3 replies
hi guys,I have saved a 20% downpayment a property but struggling to save the remaining 65K for fixing the property up.Example, the property cost 150K, I saved up 35k, but struggling to save up an additional 65K to do the rehab (my understanding the lender will not give me the rehab money right away, I have to pay my own money to start rehabbing and the lender then will reimburse me in stages the rehab portion)Correct?
Nick Grassi Redoing a roof - any thoughts on installing solar and/or EV charging?
13 November 2024 | 6 replies
Also, solar companies typically continue to raise their fees in the contract each year it is owned.
Jamie Hora 10-Acre Subdivision - Project Completion- DFW Area
13 November 2024 | 8 replies
Biggest take away is permitting timelines continue to increase!
Ryan Leake Navigating STR Loophole Tax Strategy: Success Stories and Cautionary Tales
18 November 2024 | 47 replies
Those people overlooking what it means to “materially participate”Here’s the Material Participation Criteria:Spend more than 500 hours on the short-term rental businessDo substantially everything for the STR businessSpend more than 100 hours on the activity and no one other individual spends more time than you doSignificant participation activity for more than 100 hours, and your combined activity in all significant participation activities exceeds 500 hoursParticipating in the business for five of the 10 previous taxable yearsPersonal service activity (non income-producing) for three of the previous taxable yearsRegular, continuous, provable participation in the business for more than 100 hoursA Cautionary Tale: The Story of JacksonLet's take a moment to learn from the mistakes of others.
Karina Busch HATE Bookkeeping. HELP.
7 November 2024 | 22 replies
I made myself take QB classes and struggled for years, my CPA said what I am doing is about 80% correct and it was a ton of work to clean up the files. 80% is not acceptable for me when it comes to IRS stuff.
Brian Quo How bad is it to start off not cash flowing on 1st rental that is new construction?
20 November 2024 | 37 replies
I suspect that appreciation cannot continue like it has.  
Greg Hammond Should I sell my rental property or let it ride?
11 November 2024 | 6 replies
However, if you’re comfortable with the expenses and prefer to hold, you’d continue building equity, but it may take a while for cash flow to improve.
Eva K. Real Estate Excise Tax (REET) when buying out my partner
8 November 2024 | 1 reply
TLDR: I'm buying out my house from my ex-boyfriend in Seattle (King County), Washington and I'm struggling to find what the REET if I'm buying my ex's stake in the house.
Terry Owens Temporary Housing Directory
11 November 2024 | 5 replies
I do not know if THD will continue to find other tenants, they supposedly have a directory of homes and move tenants into them.
Mark Dunn Hello BiggerPockets! New PRO here
10 November 2024 | 7 replies
Looking to continue to add more to my portfolio as well.