Naveen kumar Vadlamudi
Moving out - Primary home Rent vs Sell ?
29 January 2025 | 1 reply
You have the ability to sell while limiting your capital gains tax because you lived in 2 of the last 5 years.
Angelo Llamas
Paying for the utilities
29 January 2025 | 4 replies
I believe it is completely reasonable to have a clause in your lease that places a cap on utilities with any overage (proven by a bill) being the responsibility of the resident.Our clause states that any electrical bill (we don't have gas, and water has never been a problem) that is over double the same month's bill from last year will have the overage assigned as a fee.It is important to keep your bookkeeping straight if you do assess a fee.
Stanley Nguyen
Tax on private lending fund
21 January 2025 | 14 replies
If you are self-employed with no full-time employees you may wish to consider opening a Solo 401k instead of a self-directed IRA as it has several advantages over an IRA LLC such as much higher contribution limits, direct checkbook control (i.e. no need to have the account at a speciality trust company), ability to take a 401k loan, exclusion from unrelated debt finance income tax with respect to investment in real estate acquired with non-recourse financing, etc.Can I contribute to both a Solo 401k and SDIRA?
Felicia Nitu
Maximizing Investment Opportunities with SB-9 in Los Angeles
30 January 2025 | 2 replies
Additionally, it provides investors with the opportunity to add a unit on a property they already own, simplifying management since the new unit is in the same location.Finding a vacant lot is both expensive and difficult, so the ability to build, subdivide, and create new development opportunities can make financing easier.
Nick D.
Pulling equity out of investment properties under LLC for a DP on a 3-family
17 January 2025 | 14 replies
Quote from @Andrea Russin: A blanket loan would be a good way to spread the equity however it would limit your ability to easily exit one property without restructuring your loan.
Danth Aman
Real estate agent is representing buyer and seller. Seller is the real estate agent.
21 January 2025 | 8 replies
The Chicago Association of Realtors'® specifically state "When you become a Dual Agent, you owe equal fiduciary duties at that point to both parties in the transaction, and you lose the ability to negotiate for, strategize and advise either one."
Jack Phillips
Best CRM to use in 2024?
26 January 2025 | 19 replies
Id like the CRM to have a power dialer (for calls) and the ability to send SMS texts.
JoLea Conn
Golden Capital Holdings llc?
18 January 2025 | 3 replies
Lots of wholesalers are nothing but contract executors and do nothing but tie up properties without the ability to sell to and end buyer.
Michael Braun
Billing tenant for damages prior to move-out
23 January 2025 | 3 replies
I intend on sending the tenant a bill for the exact repair cost as "additional rent" (per the lease) instead of evicting in the winter and deducting from the security deposit.
Alex Hall
Subto FHA problem
20 January 2025 | 57 replies
You may not have done your subject to purchase in a way that protects their future ability to borrow.