Account Closed
Here's How to Calculate Rental Income For Child Support
10 October 2024 | 0 replies
Since the Internal Revenue Service (IRS) doesn’t consider child support taxable income, I would not consider it in the rent calculation unless you have a HUD-specific home.According to hud.gov, “[rental property] owners must count alimony or child support amounts awarded by the court unless the applicant certifies that payments are not being made and that he or she has taken all reasonable legal actions to collect amounts due, including filing with the appropriate courts or agencies responsible for enforcing payment.”So, does child support count as income for renting?
Matt Said
Implications of exiting a 1031 Exchange
7 October 2024 | 4 replies
The way a 1031 exchange works tax wise in the simplest fashion, is your initial basis in the original property you sell becomes your basis in the new property.
Mark Miles
When your Cleaners don’t go until 1 or 2 days after check out
8 October 2024 | 15 replies
There's been probably a dozen times the customers have just done something that needed to be attended to in a timely fashion-- not life or death-- but definitely problem some.
Luke Stewart
Downtown Chicago Midterm Rentals
11 October 2024 | 41 replies
Many mid term travelers are families relocating to the area, displaced families (homes have had water or fire damage, or are undergoing extensive renovations, eg), international business travelers, families from out of state visiting their family here for a few months...all types.
Rene Hosman
Pre Event Intro - If you're coming to BPCON2024 let us know who you are!
12 October 2024 | 54 replies
Going international is more challenging, and I'm sure the weather kept some people away.
Ryan M.
International Investing
1 October 2024 | 7 replies
Any other international real estate discussion is encouraged here.
Mohit Khanna
Australian investor looking at entering US residential market
16 October 2024 | 25 replies
Consider leveraging US lenders, private lenders, or hard money loans for international buyers.
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15 Undeniable Reasons It's Time to Sell Your Investment Property
10 October 2024 | 0 replies
The Internal Revenue Service (IRS) imposes taxes on the capital gain at a specified rate.
Andre Brock
Good questions to ask out of state property mannagers?
9 October 2024 | 11 replies
Do you have internal staff that handles the marketing for tenants or do you rely on outside rental agents?
Noah Bacon
How will the Port Strike impact the US economy?
7 October 2024 | 3 replies
East Coast and Gulf Coast ports after members of the International Longshoremen’s Association, or ILA, began walking off the job after 12:01 a.m.