Glen Fitzmaurice
New guy from Maine
22 February 2024 | 12 replies
Hi Glen, I’m not in Maine but just across the border in NH.
Nicholas Aiola
Ask me (a CPA) anything about taxes relating to real estate
27 February 2024 | 2053 replies
I know that's a legal question and we were at the attornies today for that.. but they are thinking knowing the potential value of the property over 50 million and our option price is only 5.5 he may not go easily.one thought I had is to just not make our May payment and come June 15th the option Is voided for none payments.. of course we lose our 1.5 million we put in.. but I am pretty sure I can do a new deal without the other partner.. the other partner is persona non grata and of course he could make the payment but he has deep legal issues so won't be doing that.. so my question is is there a way that this seller who has taken 1.5 million in option money from us over the last 10 years and he can cancel that deal and just strike a deal with us basically 3.4 of the same partners under the same terms and conditions and just rewrite the deal in a new entityOr will he have to claim all that 1.5 million as ordinary income in 2018 which would be pretty harsh on him.. in fact I don't think he has the money to pay it.. so he would probably have to sell the land he could not encumber it.. because of the long term nature of the land its 120 acres right on the border of the city limits 1.5 miles from Intel.. its going to come in one day and when it does katy bar the door on value..
Wes Glass
Tenant sneaks in pitbull as ESA after signing a lease for a no animal property!
21 February 2024 | 23 replies
In addition, the owner of the home must not own more than three single-family homes.3) They are unable to provide sufficient documentation, such as the emotional support animal letter, that verifies the ESA is necessary for their health and well-being.4) The tenant provides fraudulent documentation attesting to their need for an emotional support animal (usually a fake emotional support animal letter).5) The landlord can demonstrate that making accommodations for an ESA would impose undue financial burden or logistical burden. 6) The animal is destructive to the property or displays threatening behaviors that could put other tenants or yourself at risk.7) The size or nature of the animal makes it impossible to house safely or humanely.
Mark Pitt
Has anyone tried/used Showmojo yet?
19 February 2024 | 18 replies
It displays all my rentals in a very clean format.
Logan M.
Red Vs. Blue States real estate investing
21 February 2024 | 45 replies
If lived all over Dumas, San Angelo, Hondo, Odessa, Houston area (Sugarland area and around Fort Hood.The only part of Texas I haven't been to is down South by the border line McAllen Texas.I think the issue with investing in West Texas is that there is not much of a shortage of land and the population is not very dense so that brings another set of concerns for me.I'm much more aligned with a lot of Texas' economic policies but I'm not as bullish as some others on the next few decades there.Also, it is sooo hot 🔥 the hottest I've ever been in my life has been Texas and I lived in Honduras for two years so I think I have a good point of reference.
Julie Chai
Is Booking.com a good platform to use for hosts?
20 February 2024 | 71 replies
For pros/cons of booking.com I would say the following...Pros:-if you use guesty you can sync your airbnb info into your booking.com listing info to ease the set up process-there are more options to check off in the amenities portion of the listing set up, so you can really display the uniqueness of your property-I would wager 90% of self-managing str hosts only list on up to VRBO/Airbnb, which means there are not nearly as many options for people to choose between, which means more exposure for your listing-rumor has it that booking.com just invested a large sum of money into building out their services to provide more vacation home listings rather than hotels.
Sandra L Medina
Newbie, inspired to learn and creating the reality to owning properties.
19 February 2024 | 5 replies
I am an investor and I am located in Spring Grove, IL very near the WI border.
Jordan George
Rental Property Investing - US vs Canada
17 February 2024 | 16 replies
Now I'm looking into how tough it would be for me to invest cross-border out of curiosity.
Amer Swid
Need advice on inspection report. Knobb and tube and others
17 February 2024 | 11 replies
I’m in NH not far from the Maine border and paid 12,700 for a natural gas combo heat/hot water unit to be installed.
Shak F.
Is 7.5% too high for investment property if I have great W2 and excellent credit scor
17 February 2024 | 40 replies
You will see the adjustment for 80% loan to value is 3.375% where with 25% down it is 2.125%. https://singlefamily.fanniemae.com/media/9391/display