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9 October 2024 | 39 replies
@Jason Fitzwater for me, it was personal use (limited) and the ability to go up on a weekend and tackle smaller projects.
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9 October 2024 | 17 replies
Same thing with what I am building in Charleston SC another red hot market with extremely limited inventory and no SFR goes for rental purposes.. those with funds to buy are still buying . when i built in florida starter homes that was and is a disaster.. granted I did not lose money but it was No way worth the effort time and risk.. so its market dependent.
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4 October 2024 | 8 replies
Hi Folks,Need some clarification on this complex topic.There is a lot of discussion on these tax nuances in BP forums, so I am happy to read any particular thread you can point me to.Basically I have a W2 (above income limits) and I am a General Partner in a multifamily deal.I have received 2 K1s from this deal (one as a GP) and another as an LP (since I put in some of my own money).Am I allowed to take the K1 losses from this deal to offset my W2 income?
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8 October 2024 | 10 replies
I have never come across a landlord that was sued for more than their insurance would cover.Most lawsuits are security deposits disputes, limited to 3x the deposit amount.It is rare for a landlord to be sued for something significant.
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7 October 2024 | 34 replies
Short term or midterm rentals (under 30 days) can also limit your exposure to the negatives of California's tenant laws.
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5 October 2024 | 2 replies
Does the use of the property as a personal residence by person A and the limited rental period affect the capital gains in any way?
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10 October 2024 | 28 replies
I do also have somwhat limited experience as mentioned above with condos and can only speak for Tampa area
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2 October 2024 | 9 replies
Hello:
I am looking into listing my Single family home (1 Bed/1 Bath + shared living space/kitchen) on Furnished Finder for traveling professionals (likely nurses). However, due to it being:
1) In the state of Calif...
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7 October 2024 | 16 replies
If Seller shall breach any of the terms or provisions of this Contract prior to COE, Buyer may proceed againstSeller for any claim or remedy the Buyer may have in law or equity, which includes, but is not limited to,specific performance and/or damages."