Shawn Dandridge
Buying HOA Liens
15 April 2024 | 26 replies
Federal tax liens attach to all of your assets simultaneously, and the federal government’s security interest supersedes that of any other lender or creditor.The federal government’s superior security interest can be subverted by the mortgage lender, however, if it wishes to foreclose.
Chase Gibb
Bel Aire Apartments in Burlington, Iowa
14 April 2024 | 0 replies
Interestingly, the timing presented a challenge as two potential deals emerged simultaneously, creating a bit of a crunch.
Nathan H.
Question about Carryover Basis
11 April 2024 | 2 replies
., 17.5 years remaining for residential property).New Schedule: Simultaneously, start a new depreciation schedule for the additional cost basis attributed to the replacement property, following standard timeframes (27.5 years for residential, 39 years for commercial).Option 2: Treat as New AssetCombined Basis: Treat the entire cost basis of the replacement property (carried-over basis + additional funds invested) as if it were a newly acquired asset.Single Schedule: Depreciate the total cost basis over the standard timeframe for the replacement property type (27.5 years for residential or 39 years for commercial).If you choose option #2, you need to file an additional form (4652) with your tax return.
Sean Ruggiero
Sean Rakidzich's STR pricing strategy masterclass, worth it? $525
10 April 2024 | 21 replies
I'm also working on simultaneously running Wheelhouse which has made great leaps recently, and AirDNA.
Ashish D.
Why are Tax Liens and Tax Deeds documented evil on this website
10 April 2024 | 37 replies
Go for small counties that do not have as much competition as the large ones. thats were I would start and thats where my Dad would buy 100 plus props a year at tax sale.Most of the online bids can be done from the comfort of your home and you are able to preset your max bid and the system can simultaneously bid for you on all properties across all counties at once, so that may only apply to in person auction.
Shelly Byce
How to structure the financials when friend is the bank and you are the contractor
8 April 2024 | 9 replies
You need that level of clarity and bookkeeping if you are operating in both the investment entity as well as the construction entity simultaneously.
Kenneth Germann
I am looking for an investor friendly title company in Nevada
4 April 2024 | 4 replies
I am looking for a title company that does simultaneous closes in Nevada.I had a question: do I need to disclose the amount that I am selling the house for to the original seller in Nevada?
James Bakun
How to avoid FIRPTA tax? and how to avoid withholding requirement?
3 April 2024 | 8 replies
.#3) it is almost impossible for them to do a simultaneous exchange on the same day.
Jorge Abreu
Relationships and Networking 💥
3 April 2024 | 2 replies
It would be wise to concentrate on three markets simultaneously and thoroughly assess their population and job growth.
Andrew Rellinger
Range Hood Options
1 April 2024 | 5 replies
While it's unlikely that all burners will be used simultaneously, I want to ensure proper ventilation in case tenants decide to cook large meals regularly.The standard rule suggests dividing the BTU by 100 to determine the required CFM for the vent hood.