
13 February 2025 | 7 replies
On the llc side I will rent the property that I purchased from myself, and provide myself some protection of my primary residence.

17 February 2025 | 10 replies
Someone else just told me a similar thing, to make sure that loans can be secured for the property.

25 January 2025 | 3 replies
If it is someone you know you can give them a straight return as if its a loan - can provide a lower interest rate to provide upside - it really depends on the lender and what are they concerned with and what is their risk profile.

16 February 2025 | 9 replies
I provided washer and dryer, and upon move out, realized the washing machine was completely different.

8 February 2025 | 2 replies
If you’re saying the exact same thing to every seller, you’re probably missing opportunities to connect and provide real value.

4 February 2025 | 2 replies
I would look at the DSCR loan as the first option.By the way, I suspect you are going to be disappointed by any refi appraisals ADUs typically appraise poorly JADUs can lower the property value Vs having the space as part of the primary unit.

6 February 2025 | 13 replies
This can provide a better depreciation benefit than traditional STR real estate.If permanently affixed to land, it qualifies for real estate depreciation (27.5 years for residential properties).Considerations:Zoning laws and campground restrictions may impact legality.Self-employment tax risk arises if you provide substantial guest services.Vacation home rules apply if personal use exceeds 14 days or 10% of rental days, limiting deductions.Audit risk is high, so keep detailed records of participation, expenses, and rental operations.Given the potential tax benefits and complexities, consulting a real estate tax professional is advised to ensure compliance and maximize deductions.This post does not create a CPA-Client relationship.

6 February 2025 | 11 replies
We have allowed tenants to resolve past due debts or provide letters from previous apartment complexes confirming that damages or unpaid rent were not their responsibility.

14 February 2025 | 8 replies
Remodeling costs increase the property’s basis, while post-rental repairs are deductible expenses in the year incurred.An LLC isn’t necessary for a single rental but can provide liability protection as your portfolio grows.

7 February 2025 | 2 replies
There, we can provide you with the necessary information in order to list your property."