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1 November 2024 | 48 replies
Say I want to buy a property to operate it as a STR (with material participation avg < 7days stay).If I travel to the beach to see some properties I am interested in, am I allowed to deduct the travel, stay, meals as expenses?
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1 November 2024 | 22 replies
You materially participate in an activity if you're involved in the operation of the activity on a regular, continuous, and substantial basis.
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30 October 2024 | 4 replies
“Good luck to you,” he said, and he granted the eviction to the landlord.Dreamy Draw jurisdictionConstable Torres works for the Dreamy Draw Justice Court in a jurisdiction named for the closed mercury mine there.
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27 October 2024 | 3 replies
Most of the homes in my neighborhood are similar to mine and have all been converted to multi family homes.
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26 October 2024 | 7 replies
I've had a lender do this before to a borrower of mine and it just becomes a headache getting their calls and emails everyday for weeks.
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25 October 2024 | 2 replies
Companies wanting to set up new operations will not choose high-crime cities.
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25 October 2024 | 2 replies
I have purchased a lot once before, but this was under the expert tutelage of a builder friend of mine in a different market (Colorado).
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27 October 2024 | 8 replies
., while John has a lot more experience than I do, and no real estate investor wants to be a restaurant operator, there are some upsides to Option 1, as I see it.The lower base rent could allow the Option 1 tenant to remain open throughout a recession, while option 2 may decide to close down the sales drop, if rent is too high.But beyond that, are a lot of factors that I would assess:Who is the actual guarantor on each lease?
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3 November 2024 | 56 replies
He already apologized, I couldn’t amend mine by the time I saw it.
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27 October 2024 | 8 replies
In my case, I just purchased my first out-of-state property and plan to operate it as a STR.