
17 December 2024 | 8 replies
In addition, 1031 Exchange Qualified Intermediaries are generally not required to be bonded, insured or maintain any other form of minimum equity capitalization.

9 December 2024 | 11 replies
As mentioned the main downside to using a SDIRA to purchase properties is you get no tax benefit upside (depreciation) and have to pay taxes on UDFI.

17 December 2024 | 15 replies
An addition of soil, a swale, or a French drain may be necessary.● Part of the patio on the east side of the garage has a negative slope.

13 December 2024 | 2 replies
Discuss this with the lender before proceeding.Partnership or Joint Venture:Structure the purchase with a partner or entity while maintaining the assumption in your name.This allows you to benefit from the entity's structure while complying with VA loan rules.Entity-Owned Financing:If assuming the VA loan isn’t feasible, explore refinancing into a non-VA loan owned by your entity after the property is acquired.4.

13 December 2024 | 13 replies
I will split a giant master room into two smaller rooms and will convert the living room to get the additional three rooms.

11 December 2024 | 15 replies
If you go out of your way to jump through all the hoops, all you can claim is 60% of cost segregation benefits.

13 December 2024 | 6 replies
The accountant said that NJ allows one to “adjust” the basis in the property to the extent no benefit was obtained from depreciation...you do not get to take losses from real estate to offset gains on sales of property in NJ.

10 December 2024 | 22 replies
The idea is to re-fi in a single transaction, which, I assume, will have benefits over three separate transactions.

13 December 2024 | 7 replies
That is not a benefit for you, nor any kind of evidence that they are worthy of becoming a resident.That issue aside, I would not allow someone with a recent eviction on my property unless the "unfortunate circumstance" was unlikely to recur AND they otherwise have a strong historical track record of making payments AND they would put down a very large security deposit.

12 December 2024 | 1 reply
I've noticed that building strong relationships with both buyers and motivated sellers has been a big benefit.