
1 May 2024 | 56 replies
Had a similar issue once with a hot tub and I installed multiple shade sails to block the view ... people are crazy

29 April 2024 | 3 replies
However, I accumulate a good amount of passive activity losses from rental properties.

1 May 2024 | 4 replies
Such short term rental will follow these criteria(see numbered list below), in order to take advantage of (1) qualifying to fill out schedule E, thus avoiding the Self-Employment tax should there be any profits. and (2) being able to offset your W2 income should there be a paper loss.

1 May 2024 | 1 reply
Profit/Loss Statement and Balance Sheet for the Property: At a minimum, we would want a profit/loss statement and a balance sheet for the most recent complete year as well as year-to-date for the property, but we would prefer to also get the last 2 years of tax return pages for the property.
1 May 2024 | 8 replies
There are appraisal fees, inspection fees and other fees involved on your end when you buy a property.When a seller has a need to sell quickly (job loss, job transfer, medical reason, marriage, divorce, probate) they sometimes will take speed and no hassle over list on the MLS.

1 May 2024 | 14 replies
To locate the best short-term rental (STR) insurance for your Asheville property, consider must-have coverages such as dwelling, liability, loss of use, and additional living expenses.

2 May 2024 | 20 replies
Appreciation is just the cherry on top.The last few years Toledo somewhat caught up with appreciation but I believe we are capped now.It's a slow moving market and always behind the rest of the country.There is just not enough demand/infrastructure growth like in other markets to support continued appreciation.Historical data shows the Toledo market appreciating at the pace of inflation which is nothing to brag about hehe.IMO, it's a cashflow play and you should consider building a larger portfolio because it will be safer.Owning 1-2 properties can be a "hit and a miss" and really not the providers or PM's fault.There is a high likelihood of turnover so it's important to build a larger portfolio.If you experience "drama" on 1 or 2 properties, the other 4-5 are performing and can subsidize any losses incurred on the few that temporarily aren't performing.Wishing you much success

29 April 2024 | 7 replies
I can offset stock capital gains with stock losses.

1 May 2024 | 4 replies
You have an unrecorded operating agreement giving you 99.9% of the income, assets, losses,etc.However, this is probably overkill.

1 May 2024 | 38 replies
Even in 2023 when everyone in real estate suffered major losses, exp returned a profit.