Nolan Fernandez
Buying house with Section 8 voucher
3 November 2024 | 24 replies
And most will be able to pay the taxes when they come due, and put on a new roof, and put on a new coat of paint.As well as replace the carpets, cut the grass on a regular basis, replace the windows, reseal the chimneys when the liners crack, etc..It's unlikely that that these homes will fall into the slum category in 10 years or so, and make the asset underlying the loan virtually worthless.Or just vanish when the place starts to fall apart too much, due to no down-payment (no skin in the game 100% loans).Said the lawmakers who approved this.
Cynthia Leite
Scope of work (SOW)
31 October 2024 | 4 replies
Hey @Cynthia Leite - I am a licensed general contractor in Chicago, and we have 32 categories in our scope of work, then, we have many subgroups under these.0.
Natasha B.
Advice and Motivation on ways to approach and achieve this goal?
31 October 2024 | 3 replies
Not sure if the fits in this category for investor mindset, but here goes...I want to be an investor, but am not having the easy time get starting with this.
Marlie Evans
Bonus Depreciation, safe harbors and Partial asset disposition
22 October 2024 | 8 replies
Now using the de minimis/routine maintenance safe harbors instead of bonus depreciation for appliances, carpet and the like.
Noey Santiago
Refinancing with a Low Credit Score
30 October 2024 | 11 replies
So for example, a 761 credit score will be in the 760-779 credit category, then going down to 740-759 and so on.2.
Heidi Kenefick
1031 exchange and depreciation recapture?
28 October 2024 | 34 replies
The 1245 property (think personal property and bonus depreciation) is recaptured at ordinary tax rates though… so the new property must have an equal amount or more 1245 property.
David Ning
Recommendations for investor-friendly agent in Indianapolis, IN
28 October 2024 | 13 replies
Can anyone recommend an investor-friendly agent (bonus if they can also analyze deals)?
Alex Stepanov
Looking for an experienced tax lien foreclosure attorney
29 October 2024 | 6 replies
So admins please let me know if this post needs to be moved to a different category.
Jhamari Hogan
Understanding Tax Obligations (CLE, OH)
28 October 2024 | 8 replies
Ohio also has a couple of other special rules such as the CAT tax and a funky bonus depreciation treatment.
Bill Schrimpf
BP Featured Agent Program
5 November 2024 | 52 replies
That being said at the time the leads were basically two categories. 1.