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17 November 2024 | 7 replies
Do they have the necessary resources to stay on top of all the tax issues such as 1031 exchanges, 754 Step-Ups, etc.Feel free to send me a private message if you have any questions here.A couple articles you can read that will be helpful:https://www.biggerpockets.com/forums/51/topics/1206189-cost-...https://www.biggerpockets.com/forums/51/topics/1204912-how-t...
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16 November 2024 | 3 replies
Condos were built by a lot of cheap scumbags who are long gone and people are going to be left holding the bag on these.This guy is pretty good at explaining it: Yak Motley Florida Condos;t=4s
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18 November 2024 | 13 replies
Even though we have good LL-T statutes in place in Florida, some judges play loose with them.
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17 November 2024 | 13 replies
@Alex ThomsenThe standard NC contract (2-T) has two different deposit options.
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16 November 2024 | 7 replies
At a bare minimum, I'd have a T-12 and rent roll for the property, together with your current property analysis, future cash flow projection, and an exit strategy or two.
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17 November 2024 | 9 replies
Do they have the necessary resources to stay on top of all the tax issues such as 1031 exchanges, 754 Step-Ups, etc.Feel free to send me a private message if you have any questions here.A couple articles you can read that will be helpful:https://www.biggerpockets.com/forums/51/topics/1206189-cost-...https://www.biggerpockets.com/forums/51/topics/1204912-how-t...
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15 November 2024 | 25 replies
Crowdfunding withing the US residents has a lot of regulation and that's the only barrier as far as the custody of crypto even though difficult not impossible but the actual asset t's risky also because it is a volatile asset and any cryptocurrency therefore for US residents unnecessary to raise funds through (unless using stable coins) crypto since the US dollar is what most end seller would require.
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19 November 2024 | 6 replies
There is no Mid-Term or a Rent by the Room style loan as of yet.
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15 November 2024 | 23 replies
I then spent a majority of my free time learning as much as I could on the different styles and strategies that have been utilized in the past, reading everything from Lynch’s One Up on Wall Street to Graham’s Security Analysis, to learning how to build out financial models in excel.
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12 November 2024 | 15 replies
With four plex you have to pay utilities for the hallway and common areas, also maintain and clean the common areas, because the tenants won''t.