Gp G.
Mold Issue and Tenant Says Mold in Lungs as per Doctor report
30 August 2024 | 8 replies
A lot of insurances exclude mold but I am not sure about liability.
Tom Dieringer
Eager to hear about your Biggest STR Home Runs - which path did you take?
28 August 2024 | 31 replies
(these numbers are just furnishing & setup costs, they exclude house purchase & closing costs)
Matthew Samson
Primary Residence Sale -- $1.65mm appreciation -- How to Minimize Capital Gains?
28 August 2024 | 22 replies
So the (presumably) two people currently on title would get $500k in capital gains excluded.
Chen Avnery
Seeking Advice: Achieving Better ROI Than the 1% Rule in Real Estate Investments
26 August 2024 | 13 replies
If a property meets the 1% rule, it typically indicates that it can cover its mortgage and other expenses while still providing positive cash flow.35% Operational Expenses: This rule helps estimate the proportion of rental income that will be consumed by operating expenses, excluding the mortgage.
Corey Dutton
Are 100% Financing Loans for Rehabs a Scam?
27 August 2024 | 43 replies
Section 61-2c-102 broadly defines "Business of residential mortgage loans" as follows:(g) (i) "Business of residential mortgage loans" means for compensation or in the expectation of compensation to: (A) engage in an act that makes an individual a mortgage loan originator; (B) make or originate a residential mortgage loan; (C) directly or indirectly solicit a residential mortgage loan for another; (D) unless excluded under Subsection (1)(g)(ii), render services related to the origination of a residential mortgage loan including: (I) preparing a loan package; (II) communicating with the borrower or lender; or (III) advising on a loan term; or (E) engage in loan modification assistance.
Kristen Haynes
Nationwide Housing Stats - And September / November Rate Cuts...
24 August 2024 | 3 replies
New home starts fell 7% month-over-month to 1.24 million units (annualized) — their lowest level since July 2019 (excluding the onset of COVID).
Thor Bonaventura
Question regarding 1031
22 August 2024 | 2 replies
For a property to qualify for a 1031 exchange, it generally needs to be held as an investment or for productive use in a trade or business, which typically excludes properties built with the intention of selling.
Dan V.
Tax Implication and Other Things to Consider
22 August 2024 | 7 replies
There will be a cap gain as the gain can be excluded under Section 121.
Casey Hampton
Primary Home Sale
21 August 2024 | 1 reply
@Casey HamptonThe capital gains tax scenario for selling a primary house entails excluding up to $250,000 in gains as a single filer and $500,000 as a married couple filing jointly.
Mary Jay
What is the proper way to deal with the security dep notice if no forwarding address?
24 August 2024 | 11 replies
Within fourteen days, excluding Saturdays, Sundays or other legal holidays, after termination of the tenancy and delivery of possession and demand by the tenant the landlord shall provide the tenant an itemized list of all deductions together with the amount due and payable to the tenant, if any.