Cory Ginter
Short Term Rental Permit DEADLINE Reminder!
30 June 2024 | 0 replies
**Deadline**This serves as a reminder if you have a house/cabin in Sevier County (unincorporated areas) that you are currently using or intend to use as a Short Term Rental, today is the deadline to apply for the Short Term Rental Permit.
Gina Coleman
Anyone have a written contract for out of state GC’s?
30 June 2024 | 6 replies
Project Timeline: Specify the start and completion dates, including any deadlines for specific milestones.
Grace Simpson
Help me decide: Owner-Builder vs. GC
1 July 2024 | 14 replies
As a GC by trade, they also provide you with one pivotal point of liability coverage as well as being contracturally obligated to meet your deadlines, quality standards, plan implementation, and inspections with the municipality.
Sean O'Keefe
PMs don't create pain for rental owners to get tax and financial info?
29 June 2024 | 7 replies
Well, the deadline is the end of January and we typically send by the 3rd week of January.
John Campbell
LLC vs Umbrella Insurance vs Other Options
28 June 2024 | 10 replies
If you miss that deadline (because of a failed sale or a tenant that won’t move out.) it’s all taxable, if you move back in to it as your primary it’s only a pro-rated tax free gain when you eventually sell.
Ria Lamb
Putting a 1031 exchange property into an LLC (3 years later)
28 June 2024 | 41 replies
.- I took some advantage of a potential disaster tax relief for San Diego County - which is coming into question in the designation of the replacement property since it was done after 45 day window per the relief, so would like an expert opinion if 1031 deadlines were altered by that relief for Section 6 in Feb 2023 bulletin or not.
Dolev Shemesh
HELOC & Strategy
26 June 2024 | 9 replies
I also have a dead line with the seller of the commercial property.
Nallely Trejo
REI Friendly CPA Recommendation in Austin, TX?
26 June 2024 | 5 replies
You better hurry and find one, only a few more days until the deadline!!!
Account Closed
Any way to verify other offers on a property?
25 June 2024 | 11 replies
The next day when the deadline was nearing on hearing back from the home owner, the listing agent told my agent there had been multiple offers on the home since I submitted mine.
Jordan Blanton
Keep paid off property or do 1031
25 June 2024 | 6 replies
This can potentially enhance long-term wealth building.Tax Deferral-By reinvesting your proceeds into like-kind properties through a 1031 exchange, you can defer capital gains taxes, allowing you to reinvest more capital.Market Timing-Despite the competitive market, a 1031 exchange gives you a defined timeline to identify and acquire properties, potentially putting you ahead of other buyers who might not be as motivated by a tight deadline.Cons:Lower Initial Cash Flow-Acquiring additional properties may reduce your immediate cash flow, especially if properties in your target market are not as cash flow positive as your current property.Risk of Overpaying-In a competitive market, there's a risk of overpaying for properties just to meet the exchange deadline, which could impact your overall returns.Either one is a valid option, but overall it depends what your financial goals and restrictions are.