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29 August 2016 | 9 replies
@Victoria Ghafoor Have you tried contacting the town inspector to find out what criteria classifies a property as "abandoned" in that area?
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22 June 2016 | 22 replies
Should any tenets, their guest, or anyone on the property sustain any injuries and the property is owned in the investors name only; their personal assets are at risk.Tax BenefitsFrom a tax perspective, and LLC formed with two or more members is classified as a “Pass-Through Company”.
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2 September 2017 | 29 replies
Any "show of appreciation" would have to be classified in other terms and not done at the closing table.I'm confident that you'll find a solution - perhaps with a "friendly" REA.
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2 September 2017 | 8 replies
I plan on starting the direct mail, and while that's doing its job, finding cash buyers by posting on Craigslist, backpages, Ebay classifieds, and connecting with other investors on BP - while eventually attending REIA meetings after the move.I've heard to build your website/company first before any marketing efforts and I've also heard that you should wait for the revenue before starting this aspect.
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1 April 2016 | 6 replies
I have a property I would classify as C-/D+ and there are days when I wish I hadn't bought it, but then I remember that one property pays my mortgage.
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3 April 2016 | 9 replies
If your intent is primarily to resell (that includes most fix n flippers) then you are classified as a dealer and your real estate is classified as inventory so not eligible for 1031 and always taxed at ordinary income.Intent isn't defined by only one thing but by a broad spectrum that includes past activity, holding time, actual use of the property, supporting documentation etc.My guess is that your guru likes to flip, has a pattern of flipping, and bought that house primarily to resell after fixing.
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18 May 2016 | 9 replies
Here's a Handful:Sno-Co: http://www.meetup.com/SnoCo-Connected-Real-Estate-...Monore: http://www.meetup.com/Monroe-Power-Partners-Real-E...REAPS: http://www.meetup.com/reapsweb/Everett: http://www.meetup.com/Everett-REIA/SIC: http://www.meetup.com/SeattleInvestorsClub/And MY Favorite: http://www.meetup.com/PacificNWRealEstate/
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3 February 2016 | 8 replies
@Jason Arcuri I called the Security Deposit Commissioner and any payment made in addition to first months rent is classified a "security deposit."
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2 February 2016 | 7 replies
Then look at the classified ads in the major newspaper.
31 August 2011 | 4 replies
Try to get the mailman to stop delivering the weekly classified ads paper!