Melanie Baldridge
What is recapture?
14 November 2024 | 10 replies
I think @Sean Graham would be able to help you on specifics of if your intended replacement property will have enough 1245 assets.If you want we can hop on a call and go through all of the hurdles. requirements and timelines for a 1031.
Mad Dendukuri
When is relocation to tenants required for doing repairs
13 November 2024 | 8 replies
I would say that is an unreasonable request for you to provide accommodations while you cosmetically upgrade their unit.
Melanie Baldridge
RE Pro status to make the best case with your CPA and the IRS
12 November 2024 | 1 reply
It is typically your primary job.The 40 hr/week W-2 worker is going to have a hard time convincing an IRS agent they are meeting this threshold.STR loophole is a better path for my friends in this category.Once you finally cross the pro hurdle, you're not done!
Mitchell Gunlock
Land with ADUs
13 November 2024 | 8 replies
The ADU hurdles are jurisdiction specific.
Jay Hinrichs
How U.S. can lower housing prices? And Could Trump look at Broker model as Broken?
20 November 2024 | 45 replies
Start cutting the favoritism, the golden net's, remove hurdles for small business launch, remove corporate favoritism and watch things correct themself.
David Cherkowsky
Do I need a partnership LLC to depreciate and write off expenses on a rental property
17 November 2024 | 30 replies
There are some exceptions to this but this is the general rule.The $150,000 hurdle shrinks to $75,000 if you are married but filing a separate return.Creating an LLC does not suddenly bypass this.In actuality, you created another filing requirement which your CPA will charge you an extra cost for.
Gio Kattan
How to perform rehab w/o permits on a sub-to deal: will I pass city inspection?
7 November 2024 | 8 replies
This client faced similar hurdles with unpermitted changes, and having the right contractor made all the difference.
Tina Medvedeva
Hello BiggerPockets! New PRO here
6 November 2024 | 3 replies
I totally agree prices on the West Coast can be a hurdle,but with the right team, BRRRR is definitely possible.Wishing you all the best.
Tyler Kesling
Two for One
31 October 2024 | 10 replies
I'm keeping my eye out of a 4plex to help reduce my, probably unreasonable, fear of vacancy risk but keeping my options open just to get started so a 2 for got my attention.
Joe S.
What to do when a contractor pulls a huge number out of the hat after the fact?
11 November 2024 | 22 replies
From there, if not willing to budge/negotiate, then have the attorney jump in and dispute that unreasonable bill.