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8 October 2024 | 10 replies
I have never come across a landlord that was sued for more than their insurance would cover.Most lawsuits are security deposits disputes, limited to 3x the deposit amount.It is rare for a landlord to be sued for something significant.
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2 October 2024 | 4 replies
Hi Michele,Maxing out your Roth IRA before investing in real estate can be a wise decision, as it allows you to take advantage of the tax-free growth and withdrawals in retirement, providing a solid foundation for your future.
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4 October 2024 | 8 replies
Hi Folks,Need some clarification on this complex topic.There is a lot of discussion on these tax nuances in BP forums, so I am happy to read any particular thread you can point me to.Basically I have a W2 (above income limits) and I am a General Partner in a multifamily deal.I have received 2 K1s from this deal (one as a GP) and another as an LP (since I put in some of my own money).Am I allowed to take the K1 losses from this deal to offset my W2 income?
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7 October 2024 | 34 replies
Short term or midterm rentals (under 30 days) can also limit your exposure to the negatives of California's tenant laws.
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5 October 2024 | 2 replies
Does the use of the property as a personal residence by person A and the limited rental period affect the capital gains in any way?
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10 October 2024 | 28 replies
I do also have somwhat limited experience as mentioned above with condos and can only speak for Tampa area
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30 September 2024 | 21 replies
The biggest reason is because it is a retirement account, your options to fix problems are more limited.
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2 October 2024 | 9 replies
Hello:
I am looking into listing my Single family home (1 Bed/1 Bath + shared living space/kitchen) on Furnished Finder for traveling professionals (likely nurses). However, due to it being:
1) In the state of Calif...
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7 October 2024 | 16 replies
If Seller shall breach any of the terms or provisions of this Contract prior to COE, Buyer may proceed againstSeller for any claim or remedy the Buyer may have in law or equity, which includes, but is not limited to,specific performance and/or damages."