Nathan Fisher
Join your Local REIA! - Home Depot Refunds
17 April 2024 | 0 replies
If you haven't already, please join your Local Real Estate Investors Association.
Alex SImon
Ohio Cashflow LLC
21 April 2024 | 240 replies
Ohio Cashflow also graciously took care of all closing costs associated with us "selling back" the property.
Carrie Zhang
Insurance Premiums and Weather Events Impacting Occupancy
17 April 2024 | 10 replies
Almost all policies are underwritten by the North Carolina Insurance Underwriting Association and that was formed specifically so coastal area homes could and would have insurance.
Jonathan Small
How to account income from multiple properties on a single 1099
17 April 2024 | 6 replies
Reporting each property separately on Schedule E is generally the correct approach, as it allows you to accurately capture the income and expenses associated with each property.
Tom Server
non LLC , use personal checking account to pay mortgage and bills or open a separate
17 April 2024 | 13 replies
@Tom ServerI would have a separate checking account for that specific property that you use only for finances associated with that property.
Jay Chekansky
Seller Finance Buyer Fails to Maintain Insurance - Proper Way to Bill Back for FPI?
17 April 2024 | 4 replies
The insurer says that the CC on file keeps getting denied.The borrower is failing to respond to calls/texts/emails/letters regarding the situation.The mortgage that was signed/recorded permits the lender to recover any charges associated with the need to apply this type of insurance policy, but doesn't specify how those charges are to be recoveredIn this example, the annual premium for the FPI that I (Lender) paid is roughly $1000.
Jarrett Fogelman
What’s your views on getting Solar Panels?
18 April 2024 | 27 replies
Real estate buyers are often unwilling to foot the extra cost of solar panels and other associated installation costs, meaning that desperate sellers end up shouldering the burden.
Stephanie Gothart
Can I finance a property in my self directed IRA?
17 April 2024 | 18 replies
Any profit the investment receives is returned based on this percentage of ownership, and the IRA would be responsible for its percentage of any expense associated with the investment, too.
Ken Livingston
Business trip tax questions
16 April 2024 | 3 replies
To qualify, the meal or entertainment must be directly related to your business or associated with the active conduct of your real estate investment activities.
Harry Zhang
ADU in Sunnyvale CA cost
16 April 2024 | 2 replies
Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.