Michael Plaks
RANT: Preparing/Planning/Guessing for the 2nd Trump Tax Plan
19 December 2024 | 13 replies
I could likely see many things from the TCJA being made permanent, mostly procedural items like the higher standard deduction and child tax credit (Plus eliminating exemptions).
Eamon Conheady
Do not use this lender!
26 December 2024 | 21 replies
You can easily report them to the regulators if they do something fraudulent and can pay fines and/or have their license revoked.
John Williams
short term rental or longterm for more cash?
16 December 2024 | 14 replies
Didn't make a lot of sense to me, but sometimes regulations don't make much sense.
Jackson Harris
Starting Out In Phoenix At 24!
17 December 2024 | 12 replies
With high price per door and high rates, you wont find any cash flow.STR market is also very saturated and we're seeing more regulation there.I'd keep the end goal bigger multifamily deals.
Saika Maeda
ADU permit or not; financial implications
20 December 2024 | 27 replies
>If you rent that out without a true Certificate of Occupancy, a tenant can sue you for ALL of their rent money back. show me any law/regulation that states this.
Stuart Bartle
Ready to invest in first property rental
18 December 2024 | 24 replies
Short-term rentals like Airbnb can perform well in tourist-heavy areas like Vegas, but be sure to check local regulations.
Josiah Horn
One tenant moved out suddenly leaving non performing tenant in property
13 December 2024 | 5 replies
Also, it goes without saying that if you make a procedural error (very likely as the process is designed to trip up the unsophisticated landlord, and all tenants have the right to a pro bono attorney), then you have to start the process again from scratch.
Jordan Ray
New investors getting Stuck on list price
18 December 2024 | 11 replies
So thats kind of the standard operating procedures in those markets and nothing really sells for full list price..
Marcus Welson
1031 exchange identification deadline extension
9 December 2024 | 2 replies
SPECIAL RULES FOR SECTION 1031 LIKE-KIND EXCHANGE TRANSACTIONS, page 135 states:". 01 Taxpayers are provided the relief described in this section if an IRS News Release or other guidance provides relief for acts listed in this revenue procedure (unless the news release or other guidance specifies otherwise)..02(1) The last day of a 45-day identification period set forth in § 1.1031(k)-1(b)(2)(i) of the Income Tax Regulations, the last day of a 180-day exchange period set forth in § 1.1031(k)-1(b)(2)(ii), and the last day of a period set forth in section 4.02(3) through (6) of Rev.
Michael Le Blanc
Fredericksburg, TX - Short Term Rentals (AirBNB/VRBO)
15 December 2024 | 9 replies
STR regulations have been a VERY hot topic here for the last year (and even beforehand).