John Underwood
BOI requirements back on hold
6 January 2025 | 4 replies
However, in order to preserve the constitutional status quo while the merits panel considers the parties’ weighty substantive arguments, that part of the motions-panel order granting the Government’s motion to stay the district court’s preliminary injunction enjoining enforcement of the CTA and the Reporting Rule is VACATED.”
John Winters
Is This Plan Financially Feasible? Northeast Multi-Family, then Move South?
29 January 2025 | 5 replies
DSCR/hard money are non owner occupy loans.If you decide to do FHA203K for the first home - a 203K consultant/inspector will be required for the standard 203k loan, you will unlikely be able to serve as GC and you sign a 1 year occupany affidavit.
Michael Plaks
EXPLAINED: How to find a CPA focused on real estate
9 January 2025 | 20 replies
For example, when I was in my large public accounting firm days, I worked on a tax return for a client who had $500m+ net revenue over hundreds/thousands of locations across 25+ states.
Daniel Saravia
Self Directed IRA question
11 January 2025 | 3 replies
is so what lender did you use that provide non recourse loan?
Emily Shin
New in real estate
29 January 2025 | 22 replies
You'll have access to owner occupied loan products, therefore saving on your down payment, typically 3-5% compared to 20-25% for non owner occupied properties.
Stacie Telles
Refinance on Investment Property
3 February 2025 | 12 replies
If you are open to non-traditional methods of financing, you could use a debt service loan to bypass that requirement.
Armani Diaz
Tenants DO NOT want to leave Need Advice
23 January 2025 | 6 replies
If they are up for renewal and you elect to non renew them you must stop accepting funds from the occupants after the lease expires (accepting rent after the lease expires may make it appear you have a tenancy at will agreement).
Ethan A.
Seeking advice: tenant violated lease with many cats
16 January 2025 | 1 reply
If you had no knowledge and they broke the lease I'd issue a notice of non renewal, but give them the option to remove the cats.
Jason Proulx
Should i keep house or rent it in 2025
23 January 2025 | 6 replies
Ignore the $1,250 per month because that's your cost of housing, if you didn't pay that on the home you'd have paid that in rent so that's a non factor.
Andrew Katz
What year do I count income for?
15 January 2025 | 9 replies
Publication 336 (cash method section) gives a clear example very similar to the situation described where constructive receipt was made because the agent of the taxpayer received payment for the taxpayer.