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17 February 2025 | 5 replies
Hi Renata,To gain a clearer understanding of the overall condition of the home—including plumbing, electrical systems, HVAC, and the roof—and to identify any major issues such as asbestos, water damage, mold, foundation concerns, or wood-destroying insects, I strongly recommend having the prospective properties thoroughly inspected.
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19 February 2025 | 2 replies
I would be willing to share mine as well including the sheet I built to calculate where your offer needs to be on a house hack for it to make sense.
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13 February 2025 | 7 replies
Ooops sorry I clearly can't read but I still don't understand the hesitation to include her on the deed.
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11 February 2025 | 4 replies
When I asked why this was caught earlier, she responded, "Based on the timelines you provided, we had a team fail including me...
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21 February 2025 | 2 replies
I already have proof of concept in Raleigh as Ive talked to multiple people (including the agent Im working with there) saying airbnb-ing rooms is a cash cow there.
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21 February 2025 | 4 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
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10 February 2025 | 1 reply
Was cash invested including rehab costs?
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21 February 2025 | 2 replies
They are known as the Winthrop Factors-The purpose for which the property was initially acquiredThe purpose for which the property was subsequently heldThe extent of improvements made to the propertyThe number and frequency of sales over timeThe extent to which the property has been disposed ofThe nature of the taxpayer’s business, including other activities and assetsThe amount of advertising/promotion, either directly or through a third partyThe listing of the property for sale through a brokerThe purpose of the held property at time of sale; the classification as an investor or dealer is determined on a property-by-property basis.To me intentionally buying a property to renovate it to resell it for profit, twice in the same year, and opened an entity to do it in ....is going to be ordinary income and not capital gains.
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17 February 2025 | 4 replies
I specialize in this type of transaction and would be happy to have a conversation including why they may not be a fit for you.
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10 February 2025 | 1 reply
I am considering buying a property in Spokane that includes two separate housing units.