Bruce D. Kowal
Being clever when dealing with IRS and State at the same time
17 January 2025 | 1 reply
Here's why:The Multi-State Chess Game:• Client had properties in 3 states• Each state has different deadlines to assess taxes• Federal changes trigger automatic state assessments• Timing the response saved $45K in state taxes🏠 Real Estate Investor Pro Tip:States can't assess back taxes if their statute of limitations expires before federal changes finalize.
Ronit Lodd
Best Property Management Software to Scale to 10+ STR Listings? + Direct Bookings
21 January 2025 | 9 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
Kate Zieverink McMinn
New to ADU - Checklist or Cheat Sheet?
17 January 2025 | 6 replies
However, after he saw the quantity of ADU applications come across his desk to plan check he went out and started his own consulting company.
Celli Mowery
Who has interest in Kentucky?
10 January 2025 | 26 replies
While smaller towns in Kentucky often have lower price points, which means less capital is required, there are limitations to the profitability of these markets.
Al Jecius
Thinking of setting up a backyard wedding venue...help
16 January 2025 | 3 replies
We live just outside of city limits and therefore Coconino county.
Nate McCarthy
Investing in Sacramento - Lots of questions!
20 January 2025 | 4 replies
:)As for LTR rental terms, usually we sign a 1 year lease where tenants are expected to pay Electric and Gas if applicable, while the owner typically pays water/sewer/trash with the city.
Jorge Abreu
📚Kick off the New Year with These Book Recommendations!
23 January 2025 | 2 replies
It’s a remarkable story of resilience and pushing the limits of the human mind.
Kyle Knudsen
1031 Exchange to build ADU on family owned property
7 January 2025 | 3 replies
Hello,I’m looking for guidance on if a 1031 exchange is applicable in my situation.I currently own a single family rental property that I’m planning on selling.
Matthew Drouin
Good Cause Eviction Law Passed - 3 Things You Need To Know
30 December 2024 | 15 replies
Finally, The rent control discourages further development, limiting supply which results in higher rents.So rents go up, but the rent control advocates are too uneducated on the economics of the rent control policy to see their role in the rent increase.Another consequence of rent control is no value in keeping the property as nice.
Del Brady
Can an introvert without a sales background succeed in REI?
14 January 2025 | 16 replies
I’ve seen that in my W-2 job, so it makes sense that the same value is applicable in real estate.