Rene Hosman
How much time do you spend prepping for taxes?
14 January 2025 | 28 replies
We have a VA so she does all the tagging and I ask her to export it from Baselane, into excel, then I review it and give comments.Going Digital: Scanning and storing my receipts in real time saves me from searching for that one $17 plumbing supply receipt.
Lauri Taylor
Buy and hold single family
4 January 2025 | 1 reply
Our insurance has been canceled on this home and we are working on getting insurance to cover when this current one ends.
Nevin Wilkie
Paint and Cabinets recommendations
3 January 2025 | 5 replies
This unit was gutted down to the studs so there is all new electrical, plumbing, windows, sheetrock and finishes.
Nate Marroquin
House Hacking, with other rental debt and low income
30 January 2025 | 10 replies
Nate @Nate Marroquin You can use the income from your tax returns on the current rental adding back your paper loss (depreciation) and add back the mortgage interest, property taxes, home owners insurance deductions on your tax returns.
Lauri Taylor
Passive income property
4 January 2025 | 0 replies
Insurance being canceled due to the area and finding insurance for it.
Alex Fenske
I bought a neighborhood strip center and brought no money to the closing
20 January 2025 | 3 replies
I took no money from the cash flow (when there was any) and I never made a late payment to the bank.This fall, nearly 12 years after the bank gave me that house, and over 15 years after I knocked on that door - after evictions, vacancies, insurance claims, and never taking a dime out of it - I sold that house and placed all of the proceeds in a 1031 exchange.
Steve K.
Due On Sale Clause About to Become More Common?
12 January 2025 | 185 replies
And you know who sells SubTo insurance?
Zach Howard
LLC - many questions, please help!
12 January 2025 | 2 replies
It's all about risk in the event of a lawsuit, which can also usually be covered by insurance.- If you decide to have an LLC for each property, creating a Management LLC that all the other LLCs "hire" to run their books, will allow you to only require a bank accont for the Management LLC.2) You may not be able to do a Trust.
Marshal Butterfield
New Member Introduction
15 January 2025 | 9 replies
I’m a 41-year-old father of six who loves the Lord and is driven by a desire to build a better future for my family through real estate.I own a small tile installation business, am a certified insurance agent, and am currently in the process of obtaining my real estate license.
Rene Hosman
WTF is a land swap?
16 January 2025 | 13 replies
They cited insurance reasons, which could very well be true, but many residents felt it as a big "f you" Now folks from outside the community could argue this was an entitled stance from the residents, to feel they had access to this private land when they didn't, and that on the face is certainly true.