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!
Tom Ochieng
Inherited tenants questions
15 January 2025 | 3 replies
It might be worth a follow-up closer to the move-out date to confirm their plans, but avoid excessive contact to prevent escalation.
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.
Chad Shultz
Flooded Fix and Flip - South Daytona
4 January 2025 | 0 replies
Turns out, the previous owner did take many steps to mitigate the moisture damage and the home was very dry and mold free when we acquired it.
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.
Joel Oh
Anyone owns OMG category?
13 January 2025 | 12 replies
Better than underground homes which have issues with moisture etc.
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.
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.
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.).
Marc Zak
LLC Insurance and Taxation
26 January 2025 | 6 replies
California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.