
22 October 2024 | 7 replies
Turn on keyword alerts on Biggerpockets for Orlando, find people located here, connect with them and ask if they know any events/meetups in the area.After that, I always encourage people to work backwards.

17 October 2024 | 4 replies
If a full scope appraisal showing the land value was not completed during the purchase process, taxpayers may consider the following options:Rely on the county tax assessor’s allocation: A taxpayer can review their county tax assessor’s property allocation, which usually provides an assessment of land and improvements based on the county’s guidelines.

17 October 2024 | 5 replies
., Each of those LLCs are different tax payers owning different properties.

23 October 2024 | 28 replies
This can minimize interactions and potential friction.I operate a LTR and STR in the same building, and honestly its been great and its nice to have a set of eyes on the place 24/7 that can alert me if there's something wrong or an issue.

15 October 2024 | 3 replies
In others, you're buying the tax receivable for a certain year; you pay the taxes to the city/county in place of the taxpayer, and now the taxpayer owes you instead of the gov't.

20 October 2024 | 147 replies
They all have alerts for Columbus on, and Midwest, and everything else we are talking about...and not a single one has popped in to defend themselves.If someone called me out in the forums and it was valid and responded to and confirmed by others, I would either admit my playbook, show up, or respond in some way.Hey @Jonathan Greene, I am one of the founders, 50% owner, and principal broker of Reafco.

14 October 2024 | 4 replies
Hey Marc, Claiming Real Estate Professional Status (REPS) for a taxpayer (TP) who is a W-2 employee and involved in asset management is indeed challenging.

14 October 2024 | 3 replies
Once a taxpayer meets the REP status, do they need to materially participate in each property?

14 October 2024 | 12 replies
To qualify as a real estate professional, a taxpayer must meet both of the following criteria:Taxpayers perform more than 50% of services in real property trades or businesses in which they materially participate.

16 October 2024 | 5 replies
This usually occurs if the buyer “qualifies” for the loan and an incentive - higher interest rates, transfer fees, etc. to the lender is provided. 3 - the parties entering into a transaction, take steps to conduct business in a way that doesn’t “alert” the lender to the fact that the property ownership has transferred.