Nik Moushon
1031 towards a vacation home?
27 September 2018 | 5 replies
There is a safe harbor (sort of) at 2 years with specific use requirements from the IRS but again the safe harbor is not meant to be prescriptive but only descriptive of one period that would be acceptable.Best advice - say your explanation to the mirror.
Rhonda Cruz
New Potential Investor from Colorado
1 April 2016 | 18 replies
I am still in the discovery phase and haven't decided where to invest but I have hesitations about out of state investing that mirror what you've said.
Charles Leon
Ready to take first steps!
27 January 2018 | 10 replies
Mirror them as much as possible.
Richard Yount
How to Set up Finances - First Property House Hack w/ in Law Ste
4 March 2019 | 4 replies
This makes your Income/Expense accounting pretty easy when you only have one or a few properties.For tracking expenses, the best thing I’ve done is to setup a spreadsheet that mirrors the IRS Tax Form Schedule E Part I.
David Zheng
Whats your Cashflow Rule?
4 June 2016 | 34 replies
A base would be $100 + per door but I also target properties having the ability to increase rental income short term.The majority of investors claiming high cash flow from day one can do so because they are low balling long term expenses or using the smoke and mirror tactic of high down payment or even full cash purchase.What novice investors fail to understand in paying down the mortgage is that it has zero effect on the positive cash flow from the property.
Anthony Johnson
Subject to, Guidance and Education.
23 March 2017 | 4 replies
The wrap will mirror the underlying loan.
Patrick Philip
What prices should I charge my handyman for these jobs?
26 July 2017 | 4 replies
Before work gets started, I will need the old flooring removed as well as the cabinets and any old appliances, toilets, and even bathtub/showers, old mirrors, etc.
Rocky Pe Benito
Done with Portland Metro Market!
15 January 2018 | 27 replies
It used to be an 8-plex, and the two properties are literally mirror image.
Henry Lazerow
Would you be OK if your realtor had full sleeve tattoo?
4 December 2020 | 180 replies
Its usually smoke and mirrors and they are mostly out for themselves.