Samuel Kim
Real estate professional status 750 hours doable?
19 January 2025 | 19 replies
all are new constructions and I don't know how she is gonna be able to find 750h of work to do in these new construction houses.Any help appreciated Good questions, first the IRS requirements to meet Real Estate Professional Status (REPS) are: > 50 percent of his/her time working in real property businesses; AND, 750 hours of service during the year ANDAt least %5 ownerIf married filing jointly, one spouse must meet 750 hour requirement on their own.
Tonio Pearce
Should I create a baseline template business plan?
23 December 2024 | 9 replies
I’m a licensed agent in multiple states (my Arizona license number’s on file if you need it), and while I’m not your attorney or accountant, I’ve seen more real deals than I can count.
Chris Kelly
Tenant smoking weed but can't prove it
25 December 2024 | 28 replies
They can choose to leave and you can both sign an agreement to terminate the tenancy, or, you are going to file for eviction and it will probably wreck their credit.
Jae Yoo
Help finding a lawyer to proceed against a bad property management company
17 December 2024 | 4 replies
I admire that you've handled most of the filings yourself, but I’d prefer to take a more hands-off approach.
Blake Grzybowski
Can't find Pre-Foreclosure Properties
15 December 2024 | 8 replies
I've done deed searches and look at different documents filed.
Noah Bacon
BiggerPockets Pro Partner Update - Stessa!
15 January 2025 | 49 replies
I would try deleting my temporary internet files in your browser.
Shaun Palmer
North Carolina - Security Deposit Trust Accounts
22 December 2024 | 14 replies
You don't have to file "Trust" documents in order to hold a tenant security deposit in trust.
Duncan Forbes
Would like Suggestions on Foreclosure Buying
11 January 2025 | 31 replies
Pacer.com is for researching if someone has filed bankruptcy or not.
Ed Hoffman
Purchasing a property in Pennsylvania with a New York LLC
18 December 2024 | 4 replies
You may need to register as a foreign entity, file a tax return, and pay taxes in PA.
Carl Rowles
Flooded House-Plz Help
29 December 2024 | 14 replies
.- Check with your insurance agent ASAP.You'll need to file a claim and get a claim number.Try to get an insurance adjustor in ASAP, so you can start pumping water out, removing all water damaged drywall and get dehumidifiers in. - Note: the insurance company's adjustor will try to minimize your claim amount.