Raymond Kalonji
Are My Screening Criteria Unrealistic for Section 8
30 January 2025 | 5 replies
I know many landlords set a credit score threshold around 580-600 for Section 8 tenants since the program provides a rental guarantee.
Thanh Lu
How to screen guests who book directly instead of Airbnb, VRBO, etc
15 January 2025 | 12 replies
Are you celebrating any special occasions?
John McCarthy
I don't want to extend tenant's lease
4 February 2025 | 4 replies
You really shouldn’t be running your business on a stranger googling answers for you but…the google says: Depending on the rental agreement, Georgia landlords typically must provide a 60-day notice for lease renewals or terminations, while tenants generally need to give only a 30-day notice for lease termination.Jan 18, 2024If a new lease is not signed, and the landlord continues to accept monthly rent, the terms of the original lease still apply, except the landlord is required to give sixty (60) days' notice before she can terminate the lease or change the terms, and you (the tenant) are required to give thirty (30) days' notice before leaving.So you can’t non-renew until the end of April and you can’t even increase the rent until then.
Anthony Becerra
How can I help STR investors and learn at the same time?
4 February 2025 | 6 replies
But I understand where I’m at now, and am willing to work for free until I can provide such value.A little about me.
Jonathan Snider
LLPAs for Vacation Home Loans
6 February 2025 | 9 replies
We have an investor running a special next month on 10% down second homes where the cost is 3-4 points cheaper than it would be, on a normal Fannie/Freddie loan.
Eric Coats
Running STR #s for Newbie
29 January 2025 | 20 replies
I have used the STR spreadsheet That is provided by BP..
Linda Thomas
security deposit deductions letter
2 February 2025 | 5 replies
Keep the text from the “reliable” tenant that shows they provided the addresses you sent the letters to.
Bruce D. Kowal
What REALLY Triggers IRS Attention in Real Estate Partnerships - From An Onlooker
29 January 2025 | 6 replies
Syndication Reporting IssuesMissing Form 8918 for reportable transactionsInconsistent investor disclosuresRequired registrations skippedWhat Doesn't Actually Matter:(Despite What Your Uncle's CPA Says)Special AllocationsNormal promote structuresStandard waterfall provisionsTypical developer promotesReality: Unless extremely aggressive, IRS rarely caresTechnical DocumentationMinor §704(b) gapsCapital account glitchesTechnical allocation languageTruth: Unless hiding something biggerProperty Value AllocationsNormal basis step-upsTypical appreciation splitsStandard promote calculationsReal World Example:🏢 100-unit apartment complex4 partners, $5M dealDeveloper promote structure= Zero IRS interestSame Deal With Red Flags:🏢 100-unit apartment complexHidden partner arrangementsArtificial loss allocationsUnreported debt shifts= IRS AttentionPractical Protection Steps:Basic Documentation✅ Clean operating agreement✅ Economic substance✅ Partner contributions tracked(Don't need War & Peace complexity)Economic Reality✅ Allocations match economics✅ Real money movement✅ Actual partner participationClean Reporting✅ Consistent K-1s✅ Required forms filed✅ Clear communicationThe "Sleep Well" Test:Can you explain your structure to an IRS agent without sweating?
Roger Mace
Beware of Fraud and Scams in the Lending Industry: A Guide to Protecting Yourself
7 February 2025 | 2 replies
Additionally, there was no business license registered in the City of Atlanta.Suspicious Communication: The individual identified as Chris Anderson had a heavy foreign accent and provided convincing but dubious claims about the company's legitimacy.Questionable Financial Arrangements: Upon loan approval, the wiring instructions directed the loan fee to a Capital One checking account under the name of a supposed loan facilitator—a 85-year-old woman in Florida.
Jesse Rodriguez
Miami Short Term Rental
7 January 2025 | 0 replies
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