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28 January 2025 | 4 replies
If you sell at an actual profit, yes there will be tax.
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18 January 2025 | 15 replies
Like others have said, you can't restrict actual service animals but disclose what is going on.I have yet to have someone with a service animal not tell me in advance.
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30 January 2025 | 24 replies
@Matthew Samson, The conversion into a rental and then 1031 can actually be used with the primary residence exemption as long as you watch your dates.Your parents move out for a year and convert the property to investment.
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20 January 2025 | 5 replies
You’d be shocked by how little actual screening many PMC’s do!
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22 January 2025 | 12 replies
From my understanding, as long as you intend on doing a STR when you close, there are no rules against changing your strategy after closing, especially if you find that something else is more profitable.So in our case, the lender determined an STR would bring in ~$3500/month (with all of their conservative factors), but now that we operate it as a huge 3300 sqft Co-Living property, it actually brings in $7000/month.
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16 January 2025 | 21 replies
If anyone has an end lender that has successfully closed a handful occupied padsplit loans and can underwrite based off actual padsplit rents I would really appreciate an intro.
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18 January 2025 | 21 replies
For example, if you're planning a kitchen remodel, get multiple quotes to ensure you have a solid grasp of what it will actually cost.3.
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9 February 2025 | 2 replies
I'd love to see some actual numbers for flipper's careers, and the formulas for expected returns if flippers are willing to share them.
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17 January 2025 | 19 replies
Such actions are wholly unacceptable and should not be tolerated within any professional environment.The discrepancies between the program's marketing claims and the actual conduct of its top students, as exemplified by Kristin Witherspoon, are deeply troubling.
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9 February 2025 | 14 replies
A lot of those loans were made to people who never had a chance to actually pay back the loan and that resulted in a lot of people losing their homes.