Paulette Midgette
A Contractor I Would Not Recommend
17 January 2025 | 12 replies
I had a heart-to-heart with the contractor and made it clear what our expectations were and no more money (he was asking for a second payment of a three payment contract) would come his way.
Laura Kreinbring
Which form or notice should I use to end lease with tenant
26 January 2025 | 14 replies
In regards to the lease signed June 3rd 2024.This is a formal notice to vacate.The lease will be over at the end of June 2rd 2025, provided that no more lease violations occur before that.
Tina Artigliere
Quest Trust Suddenly Closed down Administration on their Solo 401K Plans
17 January 2025 | 24 replies
Quote from @Michael Plaks: Quest is no more.
Joseph Kirk
Advice on entering the fix & flip industry
5 January 2025 | 17 replies
It suggests that you should aim to pay no more than 70% of the ARV (after-repair value), minus repair costs.Example: If the ARV is $300,000 and repairs cost $50,000, you should pay no more than $160,000 for the property. ($300,000 * 0.70 = $210,000 – $50,000 = $160,000).Walk the Property: Check for structural issues, roof condition, foundation, HVAC, and plumbing.
John Davey
Can you deduct interest (primary house) from a home equity loan to buy a rental?
3 January 2025 | 11 replies
My understanding is it was not and i didnt think no more of.
Garrett Brown
What is your biggest struggle in the STR world right now?
26 January 2025 | 48 replies
You need your house rules to say no more than XYZ people, and no guests count over the number in the listing between 10:00 PM-6:00am or something similar.
Rene Hosman
How much time do you spend prepping for taxes?
14 January 2025 | 28 replies
Total time spent throughout the year may be significant, depending on the number of properties and amount of activities, but year end is no more difficult than any other time period they're doing.
Michael Plaks
Crazy technicalities: how the IRS defines your age. Spoiler: it depends.
29 December 2024 | 1 reply
The law would be Section 3121(b)(3)(A) which is no more helpful than the publication:...service performed by a child under the age of 18 in the employ of his father or mother...Great.
Tony C.
Filing a 1065 Partnership return Husband/Wife vs Schedule E
19 January 2025 | 42 replies
That means no more spreadsheet.
Rereloluwa Fatunmbi
Seeking Advice to Improve STR Performance in East Downtown Houston
22 January 2025 | 22 replies
I would say no more than $5k with pro photos.