Griffin Brenseke
Sell or hold an investment property (4.75% rate)
13 January 2025 | 7 replies
It’s cash flowing about $50/month after everything (PITI, flood insurance, home warranty, excess liability & termite protection) - if I got ride of termite it would cash flow $125.
Asim G.
Extra Tenant Fees charge by Phoenix Property Managers
14 January 2025 | 5 replies
Some packages genuinely improve property performance, while others might feel excessive.
Reyna Ayala
How many bank checking /saving accounts are needed as a first time landlord
8 January 2025 | 10 replies
When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or refund the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account designated explicitly for future investments.
Sam Hanaa
Chatting about Windsor,ON
25 January 2025 | 11 replies
We are still only in the beginning stages of this upswing as Windsor started far below intrinisic value as there was an excessive drop in prices from the 08 crises that lasted for a decade.Hope this helps!
Walter Jones
Uhaul Report - Where people moved in 2024
11 January 2025 | 3 replies
True although the fires this year just adds to the reasons to leave California (excessive taxation and regulation, overbearing political correctness, downtowns littered with feces, etc.).
Daniel Madhavapallil
House Hacking and Tax Strategies
23 January 2025 | 11 replies
Assuming you are both working and the rentals are long-term, rental losses up to $25,000 can offset W-2 income if your MAGI is under $150,000, with excess losses carried forward.This post does not create a CPA-Client relationship.
Anca R.
Is a 1031 Exchange allowed in this case, and if so, is it worth the hassle?
22 January 2025 | 22 replies
A 1031 must be for equal or greater value or the funds in excess of the value of the new purchase are taxable.
Marc Shin
Should I get extra insurance outside of Aircover?
13 January 2025 | 16 replies
If it seems excessive or unreasonable, I reach out to guest first for reimbursement, then Aircover kicks in.
Tim Hem
Capital Gains and IRS Publication 523
9 January 2025 | 9 replies
But again, your profit after selling costs (and any capex improvements) would have to be in excess of $60ok to really make sense.
Sonja Revells
Can I get my EMD Back??
1 January 2025 | 12 replies
If those things did not occur, some regs may have been violated by licensees.Regarding marketable title, unless the "liens" were in excess of $255,000 IMO there would not be an argument that the seller could not deliver marketable title.