Rene Hosman
Have you ever offered rent concessions to entice potential renters?
13 December 2024 | 17 replies
If I have a potential tenant that I like then I work with them.
Bao Vu
Question regarding Tax on a Flip
12 December 2024 | 10 replies
You're in the business of flipping houses, so any self-employment taxes on the ordinary income most likely aren't being calculated in QB.
Levi Perl
When to lower rental listing price?
3 January 2025 | 18 replies
Why mention the tenant will be responsible for appliance repair above ordinary wear-and-tear?
Melanie Baldridge
A quick mini guide on Bonus Depreciation
10 December 2024 | 1 reply
Active = Income earned from Material Participation.Whether that's SMB, W-2, contract income, or prof real estate.This is income where ordinary tax is paid and losses offset other income.
Harsha G.
Private Lending - Passive Losses on Schedule E
11 December 2024 | 7 replies
It potentially can be possible if you provide your capital to a fund who operates as a private lender.You would have to be a non-managing member in an LLC or an LP in a Partnership.Therefore, you would have no say in items such as who to lend the money to, at what rates, etc.Best of luck
Chaim Ehrman
Seeking Feedback on Potential Triplex Deal in McKeesport, PA
11 December 2024 | 2 replies
Hello fellow real estate investors,I'm considering a potential deal on a triplex in McKeesport, Pennsylvania, and I'd love to hear your thoughts.
John Voychick
Do not use Suncoast Property Management in Jacksonville
4 January 2025 | 29 replies
It's pretty common practice to have something like that in a property management agreement, and if it falls under that limit they're going to pay it and not notify the owner except in regular monthly updates because it is below the threshold of what is an ordinary expense in the course of business.
David Pike
Ashcroft Capital AVAF2 Fund 2 Status - Potential Capital Call?
20 December 2024 | 22 replies
I just received an email this morning about Fund 2 with an update on first quarter performance. They had paused distributions in 2023. I calculated the overall DSCR to be 0.77.
1) I know Ashcroft's Fund 1 just had a ...
Stephanie Menard
Expensive lesson by leaving one clause out of rental agreement
14 January 2025 | 39 replies
I'm sure your lease and the law require the tenant to return the property in the same condition it was received, minus ordinary wear and tear.I would file again.
Tayvion Payton
Would You Pay an 18% Premium for Seller Financing at 2%?
13 January 2025 | 2 replies
., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?