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22 March 2024 | 8 replies
They don't want you to fail at the end of the day.I agree that a private money lender might be the way to go.
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22 March 2024 | 15 replies
When doing a 1031 exchange the accountant has the option to treat a failed exchange as an installment sale with all of the proceeds received at the end of the exchange period.
22 March 2024 | 28 replies
Although about 80% of those who attempt to FSBO (For Sale By Owner) are unsuccessful and end up hiring an agent after a failed attempt.Hire an agent that charges an amount different from 6%.
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22 March 2024 | 19 replies
Here are some considerations to help you make an informed choice:Risk Tolerance: BRRRR projects frequently include more risk, particularly in the event that the refinancing fails to recover all of your money.
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21 March 2024 | 8 replies
Did the tenant see and know about a water issue and fail to report it in a timely manner?
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21 March 2024 | 6 replies
If you do receive the income from the sale or if you fail to file the form, the California Franchise Tax Board will then try to retroactively claw back the taxes that you would have paid when you initially sold in LA.
25 March 2024 | 214 replies
I don't care either way, my fee is still a cost in the transaction.4) The biggest reasons that agents and anyone in business fails is many do NOT like conflict, many do NOT like solicitations, and many hate asking for money.
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20 March 2024 | 2 replies
I own 1 profitable rental property and I am retired, keep separate records on my rental property.According to IRS guidance it states: "If an interest in real estate fails to satisfy all the requirements of the safe harbor, it may still be treated as a trade or business for purposes of the section 199A deduction if it otherwise meets the definition of a trade or business in the section 199A regulations."
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20 March 2024 | 3 replies
That is the logjam for most investors who fail or go broke trying too hard to move too quickly.
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20 March 2024 | 19 replies
It’s a negotiation just like any other aspect of business.This is the first area where our legal system has failed free enterprise in this case.