Drew Sygit
New Michigan Law: Landlords Can't Discriminate on Tenant Income Source
21 January 2025 | 11 replies
The same also applies when considering a lease renewal or temination.
Braeden Warg
What to pull permits on
27 January 2025 | 8 replies
And I will state different jurisdictions have different rules, processes, expectations, etc.In my area you are required to have a permit to swap a water heater.
Clifford Pereira
Real Estate Professional (REP) Status guidance
28 January 2025 | 11 replies
Instead, you need to meet the material participation rules.
Tony C.
Filing a 1065 Partnership return Husband/Wife vs Schedule E
19 January 2025 | 42 replies
Proc. 2002-69, 2002-2 C.B. 831, for special rules applicable to husband and wife state law entities in community property states.
Jerry Zigounakis
Best Growing Markets To Invest In
24 January 2025 | 13 replies
-----------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Jerry Chilimidos
SDIRA lending and borrowing.
24 January 2025 | 16 replies
From an internet search"Unrelated Debt-Financed Income (UDFI) is a tax that applies to an IRA when it uses debt"
Jerry Zigounakis
First STR Advice
28 January 2025 | 10 replies
Offer a great first-stay experience with thoughtful touches like welcome gifts and clear communication to earn those initial positive reviews.For Big Bear’s rules, stay on top of local ordinances—maybe even connect with other hosts for advice.
Kathy Grossart
1031 exchange within an existing SDIRA
27 January 2025 | 5 replies
If 1031 is to be implemented it must be done on the property level.2. 1031 generally does not apply to IRAs since they are tax-exempt. 3.
Bruce D. Kowal
Cost Segregation Studies: The Hidden Passive Activity Loss Trap 🏢
28 January 2025 | 5 replies
Otherwise, if you are referring to ETF's such as Spiders, or QQQ, the the holding period rules apply.
Guan Hong Guo
Income Criteria for Multiple Occupants
15 January 2025 | 10 replies
When the rent rates stabilize, I suspect they'll bring it back.I wouldn't try it in a location like Portland, but 99% of the country would be fine with a policy like this as long as it is disclosed and applied equally.