Logan Turner
How do I use a note as collateral?!
29 August 2024 | 19 replies
there is a way but only thru a private lender who has an appetite for this.
Maryann Fialdini
Title Insurance Claim Denied -- Need Advise
29 August 2024 | 14 replies
If it is a COA, F.S. 718.116(8)(c) provides:(c) An association waives the right to collect any moneys owed in excess of the amounts specified in the estoppel certificate from any person who in good faith relies upon the estoppel certificate and from the person’s successors and assigns.If it's an HOA, F.S. 720.30851(3) provides:(3) An association waives the right to collect any moneys owed in excess of the amounts specified in the estoppel certificate from any person who in good faith relies upon the estoppel certificate and from the person’s successors and assigns.Now there are Master Associations that have an HOA, and the MA has condos built inside them with a separate COA, so some condos can have two assessments, one for the HOA and one for the COA.
Andrew Hinspater
Rent ready requirements - need advice
29 August 2024 | 2 replies
We want to ensure the property is safe and habitable, but these expenses seem excessive.
Malik Javed
Maximizing Deductions on Like-Kind Exchanges with Cost Segregation
27 August 2024 | 0 replies
Furthermore, only the “excess basis” of property acquired after Sept. 27, 2017, through a Sec. 1031 exchange qualifies for bonus depreciation.
Rick Pozos
Who said rents never go down?
29 August 2024 | 4 replies
Rental rates are coming down due to some excess inventory.
Mike Shahi
New construction/capital gains/death of parent- need tax advice
29 August 2024 | 4 replies
The obvious thing to do is to sell and take the tax free gains, then any excess gains are passive and can be offset by creating passive losses via investing in more real estate and doing cost segregations.
Devid Brodsky
First-time home buyer. Is 600k too much on an 85k salary alone?
31 August 2024 | 22 replies
I should add so many agents here, are gonna tell you this ******** about renting being a waste, but it’s literally cheaper by in some cases thousands a month when factoring in repairs, you can put excess savings into index funds etc. every single friend I have all of whom are pretty fiscally savvy have made the same calculation, I even have a good friend who is trying to sell his condo to rent because his monthly expenses will decrease when he sells his condo & he can be in a better area.
Derek Bennetsen
Ashcroft Capital Syndication
30 August 2024 | 38 replies
Ashcroft can offer slimmer returns and still have excess demand for their offerings because of... brand.
Christopher Lynch
Florida vs New Hampshire Short Term Rentals? ( Who Wins )
30 August 2024 | 29 replies
In short, if you're not renting every week of July-August and every weekend of the winter, you're taking losses, particularly given the ridiculous prices I'm seeing new investors pay farther north in vacation areas like North Conway or the White Mountains.And looking solely at North Conway's recent court case is a red herring: plenty of small towns around the NH continue to enact knee-jerk reactions and excessive permitting/regulations as a reaction to STRs assumed role raising housing prices and shrinking supply for local residents.
Irene G.
I have a property in CT but live in CA, where should I open the LLC?
28 August 2024 | 4 replies
California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.