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30 September 2024 | 16 replies
Originally posted by @Stacy Petty:Great to know Max, as I’ve never looked into Georgia, though it is where I am based.
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28 September 2024 | 11 replies
Originally posted by @Ram Batchu:Hi Everyone, One more Canadian Investor interested in investing in USA :-) I have gone through some profiles of Canadians and I see that they are living in US.
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30 September 2024 | 4 replies
Changing the name allows you to retain all the current accounts and credit history while ensuring the LLC reflects your new purpose.If you're concerned about privacy, consider changing the name while also updating any public records to reduce the chance of someone tracing the LLC back to its original purpose.
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25 September 2024 | 4 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
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30 September 2024 | 11 replies
This is not a "real estate rental income" activity as defined by the IRS, so whether you are a REP or not, you can take this benefit.All of this is separate from a QOZ Investment, which would require you to first recognize a capital gain from another source (say a stock sale), invest that gain, hold it in a Corporate or Partnership structure (likely partnership), meeting the substantial improvement qualifications of being a QOZB, and then yes, you get to avoid the depreciation recapture at the end of the 10 year hold period, at least for the portion of your investment attributable to the original gain that you invested in the project.
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28 September 2024 | 2 replies
I've had several bids, all much higher than the original, unrealistically low contract price, with of course a lot of variety in the price, experience, and track record of various builders.
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29 September 2024 | 13 replies
My question: In the original lease it states to make payments via check or money order to the Property management office.
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24 September 2024 | 2 replies
Using a service to report rent debts to Credit Bureaus can be very effective at recovering those debts because it can impact their credit report and score for years to come, typically 6-7 years depending on location.
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29 September 2024 | 13 replies
You can read the whole saga and a roundup of the many different accounting and property management platforms I looked at over at my original post.
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23 September 2024 | 4 replies
I do notice I got charged a Loan Origination fee twice, each for $855, I'm feeling that shouldn't be the case.