
8 November 2024 | 53 replies
Discussion forums to my understanding should create a sense of belonging among individuals with shared interests, providing a space for collaboration, support, and professional or personal connections.

28 October 2024 | 3 replies
If you choose this route, make sure to have clear, written agreements in place and maintain a professional landlord-tenant relationship.

28 October 2024 | 5 replies
@Austin TessTo buy your first multifamily property, follow these steps: get pre-approved for financing with an FHA Loan, identify a high rental demand market, choose between house hacking or pure rental strategy, analyze the property using the 1% rule, build a team, negotiate the purchase, and manage the property professionally.

28 October 2024 | 4 replies
My spouse is trying to meet real estate professional status with the goal of offsetting my W2 income tax.

27 October 2024 | 8 replies
W-2, 1099, etc.) with passive income/loss from rentals is to meet the IRS requirements for Real Estate Professional Status or REPS (this also requires material participation in addition to specific requirements to be considered a REPS).Once you have clarity on whether or not you can offset non-passive income with rental losses you can then explore cost seg to accelerate depreciation (and some of the accelerated depreciation from cost seg will impact year 1)...

28 October 2024 | 5 replies
Fortunately, we did not sustain any damage or flooding from the storm.It's great to connect with a design and architecture professional in Sarasota.

29 October 2024 | 15 replies
The appraisers are professionals and usually undervalue your property by about 15-20% just to avoid people complaining too much.

29 October 2024 | 8 replies
As a professional property manager, it’s unsettling to think how many poorly drafted leases like this are floating around out there.

23 October 2024 | 0 replies
Sometimes it is easier to split the profits and JV with someone if they can bring a valuable skill set to the table.

22 October 2024 | 7 replies
Hello everyone,My Canadian company owns a residential property in California and I want to sell it to my own personal name as I am closing my company.I don't know which professional to consult to help me do the transfer besides my CPA.Can I do the transfer of the deed myself (going to the County Recorder’s Office) and just check with my CPA for taxes due?