Ryan Richmond
Buyer vs. Designated Agency
10 October 2024 | 2 replies
Despite the red flags—like the inferior kitchen renovations, an inspection report that didn’t tell the whole story, and a seller who tried to take the appliances that were contracted to convey —I was pot committed.
Michael Ndjondo makadi
Gas tankless vs tank water heaters
13 October 2024 | 12 replies
Some gas services in San Diego are joint services(shared with another property) sometimes as small as 1/2” PE and they have an excess flow valve at the street which will trip if you exceed a certain flow.
Darren Haddock
Introduction To Community
10 October 2024 | 1 reply
Whether it's joint ventures, co-investing, or sharing insights, I'm always eager to connect with other investors who share my vision for success in real estate.My goal is not just to succeed individually but also to contribute positively to the real estate community by fostering growth, innovation, and ethical investment practices.
Ben Stanley
How to utilize $9k in a 401k
10 October 2024 | 9 replies
Think real estate joint venture.
Joe Davis
Free wholesale training for new Texas wholesalers?
8 October 2024 | 17 replies
Basically, if your deal is a deal - it's going to sell at a good % You will not need additional, expensive dispo tools or Joint Ventures.
Eric Sato
STRs as a married couple, tax strategy
7 October 2024 | 7 replies
I am trying to find the most relevant information for our strategy to ensure we get the best joint tax deduction options against MY W2 income.Is the following strategy correct?
Emmanuel Barrientos
2nd FHA Loan | House Hacking
7 October 2024 | 10 replies
The fha 100 mile rule will be triggered whenever you try to vacate your current primary and also trying to use the rental income to qualify.However, this 100 mile rule can be exempted for the following rulesRelocationIncrease in family sizeVacating a joint owned propertyNon-occupying co-borrowerIf you are not trying to use FHA on your 2nd house hack, you can use conventional and the rules that I mentioned above will not be a concern and will be exempted.
Account Closed
15 Undeniable Reasons It's Time to Sell Your Investment Property
10 October 2024 | 0 replies
For example, the “Home Sale Exclusion Gain” (IRS Section 121) lets you exclude up to $500,000 in profits if you are married filing jointly and $250,000 if you are single.The post originally appeared on the BiggerPockets blog.
Joseph Scorese
Building a Scalable Real Estate Business Strategies
6 October 2024 | 1 reply
Joint Ventures (JVs): Partner with other real estate developers, construction companies, or financial backers to co-develop projects.
Alfredo Cardenas
Reps Status (via wife) & Material Participation to offset W-2
7 October 2024 | 20 replies
Yes, as long as you're filing jointly, you can combine the time and activities both you and your wife spend managing the rentals to meet the material participation requirements.