Samuel Garnatz
Greetings from St. Petersburg, FL
12 January 2025 | 8 replies
There's a big swing here in insurance and tax calculations I see and getting those numbers accurate are critical for your ability to not miss on good deals
Michell Chase
Builders risk insurance companies
18 December 2024 | 2 replies
The insurance agency I work with is having trouble finding a company that understands that type of policy and also offers it.
Jill Keller
LLC or Not from a Liability Standpoint?
1 January 2025 | 2 replies
He had insurance on the S-Corp for one million and none for himself.
Marshal Butterfield
New Member Introduction
15 January 2025 | 9 replies
I’m a 41-year-old father of six who loves the Lord and is driven by a desire to build a better future for my family through real estate.I own a small tile installation business, am a certified insurance agent, and am currently in the process of obtaining my real estate license.
Jay Chung
Cost effective way of dividing up basement access for duplex
6 January 2025 | 4 replies
For insurance you often have to have a certain amount of access to get to furnaces, hot water heaters, and electrical panels.
Alex Fenske
I bought a neighborhood strip center and brought no money to the closing
20 January 2025 | 3 replies
I took no money from the cash flow (when there was any) and I never made a late payment to the bank.This fall, nearly 12 years after the bank gave me that house, and over 15 years after I knocked on that door - after evictions, vacancies, insurance claims, and never taking a dime out of it - I sold that house and placed all of the proceeds in a 1031 exchange.
Nate Pucel
How do you determine depreciation basis on a renovated rental?
3 January 2025 | 5 replies
Not if insurance paid for it.
Rene Hosman
WTF is a land swap?
16 January 2025 | 13 replies
They cited insurance reasons, which could very well be true, but many residents felt it as a big "f you" Now folks from outside the community could argue this was an entitled stance from the residents, to feel they had access to this private land when they didn't, and that on the face is certainly true.
Shayan Sameer
Using Home Equity for Fix/Flip or rental property
6 January 2025 | 8 replies
Just withdraw it—it’s like a checking account.The Risks (Depends Who You Ask):A lawyer says everything can go wrong.An insurance agent says the same (so they can charge more).An engineer?
Nate Marroquin
House Hacking, with other rental debt and low income
30 January 2025 | 10 replies
Nate @Nate Marroquin You can use the income from your tax returns on the current rental adding back your paper loss (depreciation) and add back the mortgage interest, property taxes, home owners insurance deductions on your tax returns.