Berry Starnes
short term rental loophole question about existing rentals when purchasing
14 October 2024 | 3 replies
From what I’ve read recently in the Wall Street Journal, the IRS doesn’t seem too picky about who manages the property initially.. what matters is that it’s actively being rented out.Now for Question 2, the key part to keep in mind is whether you hit that 100-hour rule in terms of participation for 2025.
James Kim
Assuming investment loan and actual use of property
12 October 2024 | 2 replies
From what I’ve read recently in the Wall Street Journal, some lenders have been more flexible with assumptions.
Noah Fierro
Looking for Market Research Sources
11 October 2024 | 4 replies
Hey Noah,For Houston market insights, check out HAR and the Houston Business Journal for local trends.
Dennis Smith
Question about values after a natural disaster
11 October 2024 | 12 replies
It was published last year in the Journal of Environmental Economics and Management: https://www.sciencedirect.com/science/article/abs/pii/S00950...
H. Jack Miller
What can go wrong with Subject to Investing
17 October 2024 | 26 replies
An article was cited in the discussion mentioning a link in the Akron Business Journal.
Joe Derobertis
New owner, bookkeeping question!
1 October 2024 | 12 replies
The way our bookkeeping firm does this is via a manual journal entry dated the last day of the month the transactions actually occurred for your properties via your PM.
Andreas Mueller
High Home Price got you down? It's More than Just Supply and Demand
3 October 2024 | 0 replies
A fantastic Wall Street Journal article reviews the renewed interest in vocational training, manufacturing and hands-on labor fields.
Kali Gennette
Question: ledger vs cash journal
20 September 2024 | 0 replies
I want to make sure I’m keeping up with appropriate record keeping but with only one property, I’m not sure how to format a cash journal?
Logan M.
2nd Delivery of a legacy home, 9 more to go!
25 September 2024 | 4 replies
We were able to get financing through Legacy Homes, the terms are roughly 10 years with a fixed rate of 7.9% for the first 2 years then Walstreet Journals Prime plus roughly 4% (Kinda pricey after two years potentially), 10% down which covers the home, taxes and transport.I have a third home coming in tomorrow and then I will stagger them out.
Noah Bacon
Harris and Trump's Housing Plans from Last Night's Debate
13 September 2024 | 61 replies
Journalism went extinct as the parasite called marketing-media took it over so we can't trust literally ANYTHING anymore because everything is with some bias.