Matt Foster
At a crossroad, need opinions
29 December 2016 | 15 replies
One credit union said they might do a small percentage if I was attributing it to something specific such as a roof on that house.
Account Closed
Looking to understand various Hawaii Markets
18 August 2023 | 19 replies
So I would attribute your situation to one where you ended up getting an incompetent person, just like in any industry.
Brandon K.
Seller (illegally?) requiring title company
2 October 2016 | 11 replies
RESPA Rules on AgentsSection 9 of the Real Estate Settlement Procedures Act prohibits sellers from conditioning the home sale on the use of a specific title insurance company, and in fact violators can be subject to penalties, with the most typical being a fine of up to three times the amount of the title insurance fee.Section 1024.2 of RESPA says a “required use” exists when a person must use a particular provider of settlement services to have access to a distinct service or property, if the person will pay for (or pay a charge attributable in whole or in part to) the settlement service.It’s not considered a “required use” if the seller offers to pay the buyer’s title charges.
Aaron Sauceda
401k / Self-Directed IRA Question
22 June 2016 | 19 replies
Though I think William may have been referring to entities to attribute some earned income to the activities of property management when he discussed S-Corp vs LLC.
Colby Mulry
Tenant always pays late, but not late enough....
2 October 2018 | 93 replies
Since I have had great tenants who pay on time and care far better for the property (I attribute this to vetting my applicants till I found quality renters).
Robert McEachern
Depreciation Recapture in Seller Financed Transaction
27 June 2017 | 29 replies
You might be able to reduce the amount of recapture through capital investment (but these would be lease-hold improvements and may not be attributable to the Vendor/Lessor's tax situation).Up here (Canada), you would be all but guaranteed the CRA would flag it as an instalment sale.
Tori Kolasa
Interested in learning as much as I can about Mobile Home Parks
26 March 2019 | 11 replies
There are a few physical attributes to look for in regards to utilities that have to be considered, however.
Eva Mackowski
moving 401k to sdrira-company recommendations
8 May 2019 | 6 replies
If debt-financed real estate is acquired via an IRA, any income attributable to such investment will generally be subject to unrelated debt finance income tax.5.
Ken T.
Depreciation with Turnkey Properties
17 February 2018 | 4 replies
You should not be restricted in your ability to depreciate, but you may be restricted in your ability to ultimately utilize any passive loss attributable to the depreciation unless you have some active participation with respect to the property.
Tyrell Perry
2 Years, 9 Properties, 33 Units…On The Job Training in Cleveland
28 June 2018 | 21 replies
When I evaluate comparable low-end metro markets (Detroit, Kansas City, Milwaukee, Indianapolis, etc), I look to see how their attributes stack up to Cleveland.