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18 December 2024 | 11 replies
Also there is a special tax abatement for office conversions but requires the developer to retain 15% as commercial use.So we have the option to stack them and consolidate.
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18 December 2024 | 2 replies
Retain a lawyer and sue for damages?
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24 December 2024 | 25 replies
However, I do not know who this could be beyond a property manager which would not work in my case since I am looking to self manage for both tax (material participation in STR loophole) and profitability reasons.
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22 December 2024 | 23 replies
I don't work on houses, but I have to use B and A-basis values for material strength which in effect means the real material will end up being 20%+ stronger (depend on the material).
20 December 2024 | 4 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
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18 December 2024 | 11 replies
Sometimes the contractor will put a % on the top of the materials to source it.2) what's your range for remodeling a bathroom?
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20 December 2024 | 0 replies
Spend more than half of your total working hours in an RE business in which you materially participate.2.
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19 December 2024 | 3 replies
Alternatively you can do the LOC (line of credit) on it so you can retain the home but are definitely subject to today's current rate environment.
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24 December 2024 | 8 replies
You'll want to be clear on the IRS rule for material participation if you do decided to switch to property manager.
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3 January 2025 | 42 replies
-Marty Summers Marty, Nothing that I posted is incorrect, but thanks for stopping by to repeat some of the marketing material that induced you to send seven figures to BAM Capital.