Deja Clark
How to Structure Land Deals?
14 December 2024 | 5 replies
How would you structure this deal to make it work for a single family home build?
Joshua Houchins
Accounting Software?
9 January 2025 | 16 replies
That's the key component that is usually missing when I hear other entrepreneurs/investors say they don't like QBO.Something else to keep in mind is your entity structure and how your entities file tax returns.
Elizabeth King
Does my property have to be in LLC to benefit from real estate tax advantages?
2 January 2025 | 10 replies
Rental income and expenses, such as mortgage interest, property taxes, repairs, and depreciation, can be reported on Schedule E of your personal tax return, regardless of ownership structure.
Dionte Griffin
first deal advice
3 January 2025 | 3 replies
This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.
Mike Figueroa
Best strategy to scale my investments
31 December 2024 | 15 replies
You could structure it where they provide most of the down payment while you handle the management side.
Allen Masry
what happens to 500k
23 January 2025 | 26 replies
If it’s a structured settlement and you aren’t getting a lump lum, you could contribute some of that to a Roth or Traditional IRA each year, or if you are self employed even more to a SEP IRA.Also what’s your short term, mid term and long term objectives?
Jonathan Chan
How Are You Using your SDIRA?
28 December 2024 | 6 replies
Actually the IRS does not tell us what we can invest in, only what is disallowed (life insurance contracts and collectibles).Allowable investments for SDIRA investing include the following:Residential real estate, including: apartments, single family homes, and duplexesCommercial real estate Undeveloped or raw landREITs (Real Estate Investment Trusts)Real estate notes (mortgages and deeds of trusts)Promissory notes Private limited partnerships, limited liability companies, and C corporationsTax lien certificatesOil and gas investmentsPrivate stock offerings, private placementsJudgments/structured settlementsGold bullion Factoring investments
Adam Mayberry
AHJ are closed for the week, Ask me Anything about ADUs and SB9
26 December 2024 | 13 replies
I reviewed the SB9 legislation, and it states that properties occupied by a tenant in the last 3 years are excluded from SB9 but only if the project includes demolition or altering more than 25% of the exterior structural wall.
Kurtis Sargent
First time remodeling project - Learned a lot
27 December 2024 | 0 replies
Here are a few lessons I learned during the renovation, many of which stemmed from the age of the house and unexpected hidden damages:1.Damaged Plumbing: Several plumbing pipes were ruptured or severely damaged, requiring replacement.2.Termite Infestation: I discovered termites, which led to additional costs for treatment and repairs.3.Rotted Wood: Significant sections of wood in the structure were rotted and had to be replaced.4.Lack of Insulation: There was no insulation in the att Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Nina Erlandson
Has anyone used Obie Insurance?
28 January 2025 | 56 replies
But ...The first thing I observed was the replacement cost portion of the quote, was, IMO, less than what it will actually cost to demolish the remains of the existing structure, pay for any hazardous waste removal following a catastrophic loss, and actually pay to replace the property in the event of a total loss, even though I used the quote feature to increase the replacement cost value by 20% (the maximum it would allow).