Olivia Melikian
Looking for a good REI agent in Carbondale, Illinois Area
6 January 2025 | 5 replies
@Olivia Melikian Finding the right agent to work with is important.
Don Konipol
The Most DANGEROUS Real Estate Investments for the “Amateur” Investor
1 February 2025 | 56 replies
The higher the risk, the higher the cap rate, the lower the price.My advice to anyone who is getting started: buy something safe.
John Voychick
Do not use Suncoast Property Management in Jacksonville
30 January 2025 | 34 replies
Originally posted by @John Voychick:I'm sorry for your experience.
Jacob W.
Struggling land investor.. how are you selecting your markets?
25 January 2025 | 5 replies
A few things to ask are the following:1.
Brandon Taylor
"Reject" tenants that would have passed screening?
3 February 2025 | 3 replies
Hi all,I currently use RentRedi and am trying to deal with the following situation:- I have a bunch of prequalifications and applications in my queue- I've accepted one tenant and filled the unitMy question is, "How should I mark the others down in the software that would have passed my screening standards?"
John Chapman
Reporting loss from a rental property fire and the insurance proceeds
6 February 2025 | 10 replies
Meaning, if you take the money only, you would have depreciation recapture from your cost basis up to the original purchase price of the building (not including the land cost because it wasn't depreciable), plus a capital gain up to the insurance proceeds.Hope this makes sense.
Clare Pitcher
Flat Rate vs. Percentage Based Managment Fee
30 January 2025 | 19 replies
Simply, I disagree.
Victor Yang
if i gift a house, is the cost basis what i purchased it for or the FMV?
24 January 2025 | 8 replies
Quote from @Victor Yang: If I gift a house, what amount will go towards the lifetime gift limit, the amount i purchased the house for, or the current FMV?
Fareen E.
Start lease on closing date or the day after?
10 January 2025 | 11 replies
Follow your lease.
Ajay Bodas
1031 Exchange Property from Revocable Trust to an LLC
31 January 2025 | 6 replies
Because you are not changing the tax return that reports the activity of the property.But... the IRS holds the position that Husband/wife LLCs can only be disregarded in community property states.