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21 April 2024 | 8 replies
While this may exempt it from being classified as a rental activity, active participation remains a requirement, necessitating compliance with three tests: spending 500 hours on the property, dedicating at least 100 hours (and more than any other participant), and performing all the necessary work needed.Additionally, long-term viability and consideration of depreciation recapture are important concerns.
22 April 2024 | 2 replies
I first hung my license with Keller Williams, but they had a problem with me not performing as an agent to the public.
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24 April 2024 | 42 replies
He only saw about a 20% drop in occupancies for the top performers in the last recession.
22 April 2024 | 2 replies
I realised that I have clocked up a bunch of hours performing activities that lead to buying my house.
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22 April 2024 | 2 replies
One reason that the property was listed within our price range at all was due to the fact that the previous owners performed limited deferred maintenance on the property and were eager to unload the property due to a dissolving partnership.
22 April 2024 | 6 replies
The qualified intermediary or accommodator will perform the actual exchange.I sent you a colleague request if you have further questions.
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23 April 2024 | 44 replies
. :) I like that it performs the background and credit check.
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22 April 2024 | 9 replies
About inflated prices and high interest rates...I've bought my best performing properties during the worst economic cycles.
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22 April 2024 | 12 replies
I have no idea of the difficulties to find financing as a Canadian, but I do know the difficulties of performing a successful BRRRR in San Diego at this time and consider it very challenging and on the edge of impossible.good luck
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23 April 2024 | 30 replies
If deck is saying DSCR should be 1.5 but in reality it is 0.88, it means the biz execution plan has been wrong 40%.Restructure the capital is okay but the first thing the GP should do is to renegotiate with the lender first.Capital call is sort of business hostility act when GP can't perform their biz plan (or dumb enough to do business) and/or can't negotiate with lender.