
7 February 2025 | 6 replies
However, purchasing the replacement property from an estate where your mother-in-law is the executor and other heirs are your wife's aunts and cousins raises potential related-party concerns under Section 1031(f).The IRS generally prohibits 1031 exchanges between related parties unless both the buyer and seller hold their respective properties for at least two years after the exchange.To stay compliant and avoid disqualification, ensure:The estate sells the property directly before any distributions to heirs.You hold the replacement property for at least two years.The transaction is conducted at fair market value with no prearranged agreements.Given the IRS scrutiny of related-party 1031 exchanges, consult a qualified CPA or 1031 exchange accommodator to structure the deal properly and avoid potential capital gains tax liabilities.This post does not create a CPA-Client relationship.

6 February 2025 | 6 replies
Now the post test reveals I have pvc sewer line leaks under the concrete foundation. plumber has found multiple breaks in the line which need to be repaired and has provided an estimate for tunneling under the house and replacing entire 45ft main line!

10 February 2025 | 16 replies
So with all comments makes me feel like my views on things are more concrete.

9 February 2025 | 32 replies
You can't declare them not to code when they are compliant when they were built.

9 February 2025 | 32 replies
Now they wont let me ad a dialer on a monthly basis because i am still signed up as an annual subscription forcing me to pay for 11 more months even if i only need it for a month or two.

6 February 2025 | 0 replies
Knowing these boundaries can help you zero in on profitable, compliant locations.Timing is crucial when it comes to approvals.

6 February 2025 | 5 replies
Always use a property manager to keep your real estate investments as passive as possible and keep you compliant with Fair Housing laws.This way you can learn to manage the property manager and learn from experience as you go.If you buy a bunch of properties all at once, they may not all fit your buying criteria, there may be deferred maintenance that needs to be dealt with all at the same time, and you will not have accumulated the management experience building your portfolio one at a time.To Your Success!

6 February 2025 | 5 replies
In my personal opinion, I think the return of 100% bonus (or at least expanding 179 a bit) is somewhat likely with the new administration, so it might be worth it to you to hold off on doing anything until things look a little bit more concrete.

31 January 2025 | 3 replies
Seek to get an understanding of what they know about ADA compliant (probably nothing), present your case in calm friendly manner.

4 February 2025 | 31 replies
Jan 2023: Slab poured and inspection passed.Next step - concrete blocks to be delivered and work to start going vertical.