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L.A. Wildfires and Their Tax Implications for Affected Residents
9 January 2025 | 0 replies
Understanding the IRS disaster relief provisions is crucial for residents seeking financial recovery.Under IRS guidelines, individuals and businesses in areas designated as federally declared disaster zones by FEMA may qualify for special tax relief.
Ryan G.
Investment Property opportunity assistance
6 January 2025 | 5 replies
Hi All, and thank you for your help in advance. I have an opportunity to purchase an investment property that is NOT ON THE MARKET yet. Here are some of its vitals:- Zestimate: $345K (I know this is typically 10% or s...
Craig Sparling
Exclusive right to rep (A post Burnet et Al world) for Real Estate investors
13 January 2025 | 1 reply
However, he asked me to sign a one-year Exclusive Right to Represent agreement, as presented to him by his brokerage.His interpretation is that it applies only when he materially assists me, but I think the boilerplate brokerage language he was given reads much more broadly:"If during the term of this Agreement Buyer enters into a contract for the purchase of Property through the services or efforts of the Broker or Buyer’s Brokerage Firm, or by or through any other persons during the term of this Agreement" (emphasis mine).My concern is that, under my interpretation, if a fellow real estate investor wants to unload a property or if I get pointed to an opportunity by a former agent, colleague, or friend, this agreement could create an obstacle to moving forward with the deal.In the end, I didn’t sign.
Stan Boshart
Rent out Individual Office Spaces
16 December 2024 | 3 replies
I work out of my basement and have been trying to find a location near me that rents out individual offices.
Marshal Butterfield
New Member Introduction
15 January 2025 | 9 replies
Hello, my name is Marshal, and I’m excited to connect with this community of like-minded individuals passionate about real estate.
Joshua Land
Converting duplex to assisted living facility how to
18 December 2024 | 2 replies
You could start by reaching out to any local corporations that do assisted living in your area and see what they are looking for (location, space specs, etc).
Portia Dampier
Seeking Advice on Coaching/Mentor Programs for Real Estate Investing
3 January 2025 | 10 replies
These programs often assert to guide you step-by-step through the process, provide assistance with funding, and connect you with contractors.
Anita Z.
Real Estate Investor Tax write-offs
10 January 2025 | 16 replies
These costs for most of the individuals are considered personal in nature (unless you have a RE portfolio that is run like a business; see below).
Kyle Cross
Is investing with family inheritance a good idea?
6 January 2025 | 8 replies
I believe they will let me assist them with managing and helping grow the investments, but am worried about making any moves since I have no direct investment experience of my own.
Dustin Horner
Hiring FT or PT
6 January 2025 | 5 replies
Instead, build a solid bench of 3rd party vendors; HVAC, plumber, handyman, etc..When considering whether or not to make a hire, most of it depends on how many hours you can dedicate to that individual each week, at least when hiring a maintenance tech.