Robin Gravlin
What a mess!! This is a whole new education of what NOT to do, and what to READ!!
4 October 2024 | 35 replies
Just a really bad set of circumstances for the OP.
Colton Kotylo
Getting Out of The Contract
6 October 2024 | 49 replies
We don’t know all the circumstances, BUT, from the small amount of information in the OP, it does seem like the OP believes that to earn a commission the broker/agent needs to represent the buyer all the way through closing and that if the buyer terminates agreement before closing the agent no longer needs to be paid.
Paul Florez
Small apartment investing or continue building small multifamily (2-4) portfolio?
29 September 2024 | 21 replies
Or, if possible, move into a different property, hold onto this property for another 2 years or so, (your circumstances have now changed) and you'd like to sell your investment property, 1031 all proceeds into a "like-kind" property and benefit from the 1031 tax deferral.
Matt Mastrelli
Own my first deal (NJ), trying to decide to flip or hold: numbers included
29 September 2024 | 12 replies
This obviously is neglecting the agent fee to get a tenant in.
Jason Guenther
My financial situation... what to do..?
3 October 2024 | 29 replies
It is rural and 30 minutes outside of a major city, however, it does have a 20x30 shop that a tenant under the right circumstances might find desirable.
Jon Zhou
Ashcroft capital: Additional 20% capital call
9 October 2024 | 312 replies
Quote from @Carlos Ptriawan: In case anyone interested to find out how to see this problem from the bridge-lender side intellegently, these information from one of the lender is very informative:Loan Modifications We may amend or modify loans that involve other-than-insignificant payment delays and provide interest rate reductions and/or extend the maturity dates for borrowers experiencing financial difficulty based on specific facts and circumstances.
Scott K.
Can travel expenses be tax deductible?
25 September 2024 | 9 replies
If you brought your spouse and 2 kids with you, and you could argue all of your argue of your time on the trip was looking at real estate, and your personal business and activity circumstance defends being able to immediately deduct it and not treat it as a start up cost... likely 75% of much of the travel costs (airfare, food, etc) would be non-deductible.
Joseph Belgrad
Liability if VRBO tenant injured on my property
22 September 2024 | 3 replies
Also, in the rental agreement, it says:"HOLD HARMLESS AND INDEMNITY: OWNER of rental property shall not be liable forany damages and/or injury to TENANT and/or their guest(s), or their personal propertydue to TENANT’S acts, actions or neglect.
Matthew Samson
Different CPAs for investments in different states?
25 September 2024 | 11 replies
My next question is a simple one: through circumstance, we will almost certainly have real estate holdings in two states (Georgia and likely Pennsylvania).
Gabriel Pietryka
Does anyone have any special Tactics for large apartment complex
24 September 2024 | 2 replies
I have seen some sellers wait two years to close on a property those are definitely rare circumstances.