Adam F.
Anyone have experiencing using a quit claim in Chicago?
19 December 2024 | 12 replies
My lender suggested moving a multi-family from my personal name to an LLC immediately post-closing via quit claim deed.
Moustafa Said
A complete Newb to Real estate.
3 January 2025 | 0 replies
Hi Everyone, My name is Moustafa and since my wife and I just got married we are looking more into our future to be FI. We both run our own businesses but we feel that real estate will help make sure we both maintain ...
Chrissy Smyth
Rental in depresses area and minimum requirements
8 January 2025 | 3 replies
These requirements are solid, keep them: Application: Everyone aged 18 or older must complete an application.
Gene D Stephens
Experience with Adverse Possession?
30 December 2024 | 7 replies
Completing AP requires the other party to file a suit in court during which the judge determines that the case has merits, and ultimately transfers the property to the filer.
Sharma Parth
Feedback on company Offer Geek in Flint, Michigan?
4 January 2025 | 13 replies
Became very unresponsive very quickly, did not complete agreed upon work, made false claims about capacity and what they would do, etc.
Tim Hem
Capital Gains and IRS Publication 523
9 January 2025 | 9 replies
If yes, am I eligible for a 1031 exchange even though I claimed the home as my primary residence when it was rented?
Kar Sun
Tenant insurance underwritten with landlords name
4 January 2025 | 5 replies
Absolutely.If a landlord is listed as additional insured (rather than additional interest) they cannot make a claim against one another's liability policy for damages - it could completely jeopardize the coverage they think they're making it easier to get.
Bruce M.
Large RV or Boat - Tax incentives, Tax strategies
13 January 2025 | 7 replies
Looking for various tax strategies to reduce the reality that a large RV or boat is a grossly depreciating assetI would not have a loan, so claiming it as a primary or secondary residence and claiming the mortgage deduction is not applicable.I sold my primary residence and I have several rental properties which I use as I'm fixing them up.What I'm pondering is living aboard and working aboard developing a new product, while traveling.
Daniel Chen
Section 179 Question for rental business
4 January 2025 | 11 replies
What I said in an earlier comment about "section 179 can't be used to create a business loss", that wasn't entirely accurate/complete.
Kashyap Shah
Tenant Dispute for Rental Property
14 January 2025 | 4 replies
I suggested using traps, and there were no further complaints until November 17.I promptly hired a professional for rodent treatment, which was completed within 10 days.The tenant is now demanding 3 months of free rent, claiming the property was "infected," despite my timely response and corrective measures.I need assistance crafting a response to this demand within 2 days to avoid escalation to small claims court.