Travis Dumont
Best Property Management software to use??
17 October 2024 | 10 replies
You should only consider switching when your current software has a significant flaw or lacks features that force you to spend excessive time on workarounds.
David Kanarek
Beware of Norada Capital: Caveat Emptor My Fellow Small Investors !!!
24 October 2024 | 88 replies
What was your investment and what type of return did they offer you.I have no problem people losing money if they were expecting excessive returns on high risk products.
Sanjeev Advani
Can Federal Lands Solve the U.S. Housing Crisis?
19 October 2024 | 25 replies
A big chunk of the housing shortage goes back to the Crash of '07 / '08 when, according to the economists of the day, 80% of builders and developers went bankrupt once the supply of new mortgage lending dried up.A good solution - though not the only one, certainly - would be to get home building back on track.
Lance Turner
LTR with an STR ADU
23 October 2024 | 28 replies
Inform your LTR tenants about these rules and let them know they can report any excessive disturbances directly to you.Communication: Keep an open line of communication with your long-term tenants, so they feel comfortable voicing any concerns early on.Outdoor Amenities: If there's a shared yard or patio, think about dividing these spaces further to give both STR guests and LTR tenants their own zones.Protecting Your STR from Bedbugs:Mattress Encasements: Invest in high-quality, bedbug-proof mattress and pillow encasements.
Joe Scott
Tax return size --- an audit flag?
18 October 2024 | 8 replies
The key factors that may raise audit risk are discrepancies in reported income, excessive deductions that appear out of line with your income level, or unusually complex transactions.
Dan K.
True Story: For immigrants, Real Estate is the best way to reach the American dream
15 October 2024 | 8 replies
My father studied to become a plumber and my mother worked in a dry cleaning shop.
Rick Baggenstoss
Tax Deed in Atlanta question
20 October 2024 | 32 replies
The bank will sometimes take the excess funds (difference between redemption amount and winning bid) as a immediate cash benefit on their books and write off the loan.
Malik Javed
How to Allocate Land vs. Building Values for Investment Property
17 October 2024 | 4 replies
In situations where the county tax assessor’s land value is excessive, considering other options can yield significant permanent tax benefits that can be further enhanced by a cost segregation study.If you'd like to discuss this topic further, feel free to comment or DM.
Ross Kane
LLC piercing corporate veil
21 October 2024 | 13 replies
California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.
David A.
Are we biting off more than we can chew for out first BRRRR? Any tips?
16 October 2024 | 10 replies
No idea at rent point but if actually get appraisal of $320k with high LTV extract, will require rent in excess of $3200 to not be negative