Jason Burkart
Gift money for family or buy a rental for family?
27 January 2025 | 9 replies
If she lives rent-free, you retain control of the property but lose the ability to claim rental-related deductions.For long-term planning, consult a CPA and attorney to ensure compliance with tax rules and align ownership structure with your goals, including potential conversion to a rental or estate planning considerations.
Helena Goyvaerts
BRRRR - Experiences with the refinancing part for non US-citizens?
6 January 2025 | 10 replies
I would call or email a specialist in FIRPTA such as "Tax solutions FIRPTA consulting" in Katy Texas, since they can answers all questions about the law plus investor friendly lenders
Jason Khoury
Purchasing Vacant Home from Non-Profit
12 January 2025 | 6 replies
Be patient, as these types of deals often take longer to finalize due to organizational processes.If you’re unsure about specific aspects, consider consulting with a local real estate attorney to ensure everything is handled legally and ethically.
Robert Medina
Attempting to brrrr but having issues
15 January 2025 | 8 replies
If the signs point to selling, consult your CPA about the tax implications.
Jackie Liu
Unresponsive Property Manager
11 January 2025 | 15 replies
If there’s no response, consulting with a real estate attorney would be wise to determine how to terminate the agreement and recover unpaid rent.Once they’re ready to switch PMs, I can recommend some reputable property managers here in Indianapolis who are responsive and trustworthy.
Fulati Paerhati
What is the good location to buy a rental property for 250k cash ?
31 January 2025 | 57 replies
Consult an expert, but my understanding of a 1031 is that you can't pay cash for the next deal unless you paid cash for the original one.
Paolo Ruggieri
Follow up Boss
24 December 2024 | 3 replies
Hi @Abel Curiel - can you share the consultant's name with me as well?
Mike Richards
Deduct from rental income more than one year of Real Estate taxes?
31 December 2024 | 3 replies
Keep detailed records of payment dates and amounts and consult a tax professional to ensure this strategy aligns with your overall tax planning.
Preethi S.
Difficult Property Management company
3 January 2025 | 8 replies
I consulted with a real estate lawyer a few times this year who said it's very hard to sue for negligence and they advised against taking legal action, especially since the property manager at least followed through on the eviction and repairs.I've now asked the property management company to apply a $4k credit for all the challenges I've had working with them.
Ryan S.
Advice on Specific Performance for Breach of Real Estate Contract
26 January 2025 | 43 replies
He determined the price and terms for the property, and according to the agents involved, he consulted with accountants and attorneys before signing the contract.