Chris Shon
Do I need a Real Estate Tax Accountant?
10 January 2025 | 16 replies
Which is very complex and costly and likely warrants professional help.Now, if it's just you and your spouse, then your 2024 tax preparation is likely relatively straightforward:- you will create a Schedule C on your personal tax return- you will NOT report any costs of purchasing the property or its rehab, not in 2024- you will report your business overhead expenses such as marketing, driving, technology etc- you will end up with a business schedule showing zero income and some expenses - not breaking the rules but potentially raising an audit flagCan you do it yourself?
Jonathan Sanchez
Pricing Strategy - What is your approach?
16 January 2025 | 13 replies
I furnish and provide amenities that warrants this so I do a lot of work to find comps in this particular space.
Jennifer Stammberger
RE Cold calling companies
1 January 2025 | 11 replies
Everyone knows realtors if they are consumer, it's very unlikely a cold call is going to warrant even an answer these days with call screening.
Tyler Bolton
LLC versus personal umbrella policy for Indianapolis SFH rental
12 January 2025 | 7 replies
NOT a Quitclaim Deed, as you may often see online, because Quitclaim Deeds do not fully warrant the rights and covenants of property as does a Grant and/or Warranty (or equivalent depending on state) does.
Gamal Harding
Navigating the Surge in Rental Application Fraud: A Guide for Landlords and PM's
6 January 2025 | 4 replies
For instance, mismatched names, employment details, or salary figures should warrant further scrutiny.Urgency to Move In: Applicants who are unusually pushy about quick move-in dates may be attempting to bypass thorough checks.Reluctance to Provide References: Hesitation or refusal to provide contactable references from previous landlords or employers is a cause for concern.Cash Offers for Faster Move-In: Proposals to pay a significant amount up front, especially in cash, to expedite the moving process can sometimes indicate an attempt to avoid scrutiny.Unverifiable Identity: Difficulty in verifying the applicant’s identity through standard identification documents can indicate potential fraud.Tips to Mitigate Rental Application Fraud:Enhance Verification Processes: Implement stringent verification processes for employment, previous rental history, and identity.
Robert Nelson
Pros and cons of a condo for your first investment property ?
23 December 2024 | 7 replies
Some condos are non-warrantable meaning you have to use non-government backed loans.
Daljit S.
Eviction taking forever - anything else can be done?
20 December 2024 | 9 replies
However, they failed to do so and remain on the premises.I immediately contacted my attorney, who filed a warrant for removal the next day.
Shannon F.
VRBO Damage protection and guest verification
27 December 2024 | 2 replies
So your saying select No Damage Protection and just submit an extra charge when it's warranted?
Kenzer Hodgson
LLC or Umbrella policy
8 January 2025 | 14 replies
NOT a Quitclaim Deed, because Quitclaim Deeds do not fully warrant the rights and covenants of property as does a Grant and/or Warranty (or equivalent depending on state) does.
James Wise
Why do people Buy Property in California
20 January 2025 | 193 replies
A crime in a low crime area may be media worthy but the same crime in a high crime area may be just another day.in my neighborhood (poway), kids playing doorbell ditch or riding 3 on an electric bike warrants posting on social media and dozens of comments (no exaggeration).