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3 November 2024 | 8 replies
I always play by fair housing laws but not giving me a pick in my tenant is not to my liking!
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6 November 2024 | 12 replies
FB Marketplace is also fairly easy to use, but depending on your location it can be a waste of time.
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8 November 2024 | 38 replies
I don't think they differentiate the rental type for the writeoffs.I've researched this a fair amount, from what I understand there's an exception section 469 of the tax code that says if you actively manage the str and have an average stay length of 7 days or less then it's treated as an active business and the income is therefore not passive and expenses are able to be written off against W2 income.
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30 October 2024 | 6 replies
Quote from @Celia Moore: Our site is fairly big, holds lots of information.
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7 November 2024 | 22 replies
House goes into LLC, but if you still have leases outstanding signed by you personally, that can open the door to maintain personal liability.
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4 November 2024 | 1 reply
I have to ask where you got some of the info in your post because to be fair and accurate if its from a media outlet.
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2 November 2024 | 1 reply
Southern border of the land is Wilson Creek (a large, well established, full time creek with old growth trees)Approx 1 acre of non-recoverable flood zone along length of creekTwo small ponds on the property, which can be filled in to utilizeSmall neighborhood to East of property line with utilities ready and available for project Currently a couple of older homes and barn structures on property (100% liveable and well maintained)Wilmeth Rd is currently expanding down the block to a 4 lane road which connects to Highway 75 in McKinneyLarge developments are underway within a 1/2 mile to 3 miles out radius<4 miles to Costco, ChickFilA, WholeFoods, Cinemark, major hospitalAT&T Fiber and Atmos Gas at front of propertyA water well can be run, if desired, or tap into the city's water (currently on city water and has large main at front of property)A CE firm has drawn up plans for a small, 12 home, 3/4 acres development.
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5 November 2024 | 29 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
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4 November 2024 | 6 replies
Hopefully, the landlord and tenants can mutually agree on an early move-out and fair compensation.
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3 November 2024 | 24 replies
Do you know if there is a lot of red tape which makes it difficult or is it fairly easy if you meet requirements and lender knows what to do?