Kyle Carter
Can I use the 1031 exchange to buy my primary residence?
15 January 2025 | 5 replies
@Kyle Carter You cannot directly use a 1031 exchange to purchase a primary residence, as the IRS mandates that the replacement property must be used for investment or business purposes.
Andrew Katz
What year do I count income for?
15 January 2025 | 9 replies
For tax purposes, rental income is generally recognized in the year you receive it, not when it is paid.
Luis Cerwin
How long should I give my PM to Rent a Unit before changing PM?
20 January 2025 | 14 replies
Anyone familiar with PMs who collude with house-hunting companys to purposefully make me more inclined to sell?
Urvesh Patel
Looking for good neighborhood for medium term rentals in CLeveland
25 January 2025 | 10 replies
Any contacts in setting a good team of contractors (general purpose) and cleaners?
Shayan Sameer
Questions About Purchasing a Duplex as a rental
17 January 2025 | 11 replies
Do you think a duplex is generally a better investment than a single-family home for rental purposes?
Angelo Llamas
Taxes on a property that isn’t yet ins service
22 January 2025 | 5 replies
So if he were to rent it out wouldn’t that show up on his taxes and say if the bank finds out and is okay with what would he do with it on the tax side of things would he report it as soon as it it’s in service or what would he do for tax purposes.
Mark Hu
Public auction for abandoned tenant property
25 January 2025 | 4 replies
But I have not been able to find any auction that would serve this purpose.
Julio Gonzalez
Asset Classifications for Cost Segregation
7 January 2025 | 6 replies
I special purpose equipment setup.
Dallas Smith
Selling 2 properties
24 January 2025 | 5 replies
@Dallas Smith To defer capital gains on your investment property, a 1031 exchange is an effective strategy, but the replacement property must be held for investment purposes for at least two years.
Bob Avery
Understanding BP Lease Fields
9 January 2025 | 3 replies
If it's zero, put in a zero, line through it, or something.If you don't use a manager, line through the entire clause and then you and the renter should initial the beginning and end of the line as proof it was agreed to.NHG (D) As used in this Lease, Landlord’s “Authorized Management Agent” means ______________________________, address:___________________________,who is also authorized to act on behalf of Owner for the purpose of Service of Process and accepting Notices NHGYes, you would check the line next to the form(s) of payment you accept.