
3 July 2024 | 36 replies
This doesn’t apply for people who do arbitrage or who manage their own properties.

2 July 2024 | 1 reply
If she agrees to give him the 1 month of returned deposit money, then the other month can be kept by you and applied to the new lease's deposit.

1 July 2024 | 7 replies
I have found the rental property codes but no specifics on cost or how to apply for a rental license or certificate of compliance-not even on LARA.

1 July 2024 | 1 reply
When applying for a joint mortgage in California, lenders will typically assess both of your financial qualifications individually and consider the property's use as both a primary and secondary residence.

2 July 2024 | 17 replies
Doesn't vacancy, cap ex, maintinece apply to bucks county homes just like any other homes.

1 July 2024 | 2 replies
Agreed with Account Closed - putting real estate, or a real estate partnership - within an S-Corporation provides effectively no value, while creating significant headaches and tax consequences.The only real benefit left for an S-Corp is partial shielding of employment taxes - but a rental property already doesn't produce any self-employment taxes, so the one benefit already doesn't apply to the rental.Then you have problems with not getting basis in the debt of the property, having a lack of flexibility on future structure, issues with distributions in excess of basis...just nothing about it is good.If the Partnership hires a property manager, and that property manager ends up being your S-Corp - great, now you are perhaps better managing your exposure to self-employment income as a result of these property management fees.

1 July 2024 | 58 replies
We actually found a great painter that also did amazing drywall work.So when we rehab he prefers us to leave the taping to him but its not more than a couple of rooms.Last one was $750 to paint the interior of the house plus a couple of rooms of drywall as we flipped the closets etc.

1 July 2024 | 13 replies
And my PMS provides damage insurance, but you could with something like Waivo. as far as taxes, the PMS applies the correct taxes and I submit them every month, so that isnt an issue.as for resources, just search this group, the topic comes up quite often.

2 July 2024 | 12 replies
The biggest mistake people make when attempting to invest overseas is trying to apply US strategies overseas.

2 July 2024 | 108 replies
This is a complete nonsense, Sir.You also cite a code in a separate post which is applied to RE Brokers, who do have fiduciary duty to sellers which is completely irrelevant to wholesalers.