Michael Plaks
Crazy technicalities: how the IRS defines your age. Spoiler: it depends.
29 December 2024 | 1 reply
Nice, but confusing.Our situation: FICA for kids turning 18 while working for us.So, the only thing we can conclude so far is that the age definitions in the tax law are wildly inconsistent and unclear.
Andy S.
Yearly Gross Income Requirement for Rental Application in New Jersey
31 December 2024 | 3 replies
A lawyer might be able to answer this better, but most rentals fall under fair housing laws (there are exceptions) and that protects against discrimination based on familial status which means children or someone who is pregnant.
Gene D Stephens
Experience with Adverse Possession?
30 December 2024 | 7 replies
@Gene D StephensAdverse possession laws vary by state.
Luis Cerwin
How long should I give my PM to Rent a Unit before changing PM?
20 January 2025 | 14 replies
@James Wise MICHIGAN UPDATE: new law went into effect January 2, that landlords can no longer discriminate on tenant income source.
Mike Yerardi
Is it worth it to keep paying for the "REALTOR" status in Massachusetts?
2 January 2025 | 1 reply
I understand there are some protections that go along with it with all the law suits going around but hardly doubt they would go after an office with two agents in it.
Steven Hsu
CPA in Dallas, TX
3 January 2025 | 5 replies
There are a couple of unique tax laws to real estate investors - 1031 exchange, bonus depreciation on certain improvements, Qualified Opportunity Zones, real estate professional status, etc.Make sure that the accountant you interview to understand the above concepts.best of luck!
Timothy Lawrence
House Hacking Advice (Washington D.C, Nova, Baltimore Area)
8 January 2025 | 11 replies
Also look at the rental laws in the areas you are considering, just so you understand what you are getting into and whether you are OK with them or not.
David Cherkowsky
House Hacking with Basement Airbnb in Old Town Alexandria
2 January 2025 | 9 replies
As for Alexandria specifically in terms of regulations don't take advice from a public forum - look up the laws yourself and make sure you understand them.
Briar Blake
Property Managers Violated Contract
25 January 2025 | 13 replies
We do attempt to notify the owner before we make the decision and give them the opportunity to give input but keeping the property and tenant safe, and following the Tenant Landlord Laws are more important than getting permission.
Dionte Griffin
first deal advice
3 January 2025 | 3 replies
Duplex can always add additional units via the ADU laws. 8) Related to number 1, purchasing a property with an existing ADU is cheaper than buying a property and adding an ADU.