Jason Allen
Subletting Expense deductions
3 January 2025 | 2 replies
I am subletting a property that I am planning on purchasing the set up where instead of any type of security deposit I am re-having the property which is necessary before I rent it out.I will have about $20,000 in expenses all before I purchased the property.
Leon G.
Getting out of the rental business after 10 years
10 January 2025 | 67 replies
So, I guess I will hope social security pays something in 20 years and the stock market is still there when I grow old.BTW, I am an experienced investor, I know I can dump everything in the stock market but I am hesitant to do that.
Dillon O.
Off Market Buyer/Seller Agent Commission -
3 January 2025 | 3 replies
If the agent is doing the marketing, finding the potential buyers and possibly working with other agents to help you secure a deal then I would still charge 2.5% for my listing services and 2.5% to any buyer's agent.
Michael Plaks
Crazy technicalities: how the IRS defines your age. Spoiler: it depends.
29 December 2024 | 1 reply
When parents employ their minor child, the child is exempt from Social Security and Medicare (aka FICA) - if under 18.
Kyle Jenson
New Dentist looking to create a retirement plan for myself thru real estate
2 January 2025 | 14 replies
It isn't having paid off properties that offers security, there are still taxes, insurance, maintenance and management involved.
Ana Maria
Anyone ever bought an investment property through SDIRA Wealth?
11 January 2025 | 34 replies
They are even working on getting me the evicted tenant's security deposit, the missing JANUARY rent since the place is still empty, and covering the cost of my own manager re-listing the property.
Michael Plaks
EXPLAINED: sending 1099s to contractors and vendors
15 January 2025 | 13 replies
The online eFile providers can do it for you, sometimes for free.Warning: Email is NOT secure, and you will expose your contractors to unnecessary risk of identity theft.
Julie Muse
Quick Turnaround Triumph: Bayport Drive Success in Lancaster, TX!
24 December 2024 | 2 replies
It's impressive that you secured a deal like this with no renovations and turned it around the same day.
Pamela Rivas
Can foreigners buy Real Estate in Mexico? Legal process explained!
16 January 2025 | 4 replies
This means you can sell, lease, or pass on the property as you see fit, just like any other property owner.Full Ownership RightsYou have the same rights as a Mexican property owner, including the ability to sell, lease, transfer, or mortgage the propertyLegal SecurityThe Bank Trust is a well-established legal mechanism in Mexico, ensuring your investment is secure and protected under Mexican law.Renewable TermsThe trust is set up for 50 years and can be renewed indefinitely, allowing you and future generations to maintain control over the property.Estate PlanningThe trust makes it easier to pass the property on to heirs, simplifying the inheritance process and reducing potential legal complications.Although the process might initially seem complex, it is entirely managed and supervised by a reputable banking entity.
Sean Doyle
Best Section 8 Markets
9 January 2025 | 30 replies
Many voucher holders are grateful for secure housing and are acutely aware of their responsibilities under the program.