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28 October 2024 | 7 replies
I want a specialist that's an expert, and not a jack of all trades and master of none.
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30 October 2024 | 4 replies
“The rents increasing, high unemployment during Covid [and] the reliance on the rental assistance have all kind of culminated in what can be a difficult situation for some of our residents,” said Courtney LeVinus, president of the Arizona Multihousing Association, a landlord trade group.Still, Torres estimated that a third of property managers in Dreamy Draw had abandoned lenient policies this year that allowed tenants to sign promissory notes, giving them more time to pay off owed rent.
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28 October 2024 | 15 replies
Higher end firms do that for liability purposes and to help eliminate construction conflicts because trades do not talk to each other.
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24 October 2024 | 15 replies
Our guest speaker is David Randolph from St Louis on Short SalesMAREI Members and first time guests attend for FREE.Doors open at 6pm for Networking and our Trade Show.Buy Sell Trade is at 7 pmAnd David takes the stage at 7:30We wrap up about 9.We also have a bunch of smaller meetings all over our calendar.
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26 October 2024 | 10 replies
We do get a better fee/split structure, and that's a fair trade for the extra work of managing a large investor base and it's associated extra accounting and tax reporting overhead.I also find the advice in the OP to be contradictory.
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28 October 2024 | 30 replies
The danger is you'll be trading one transactional business for another.I would find others who have built a real wholesaling/flip business with systems so you can scale, and if you want, you have something to sell when it's time you've bought enough rentals.Good LuckGino
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31 October 2024 | 24 replies
Go to college (or, alternatively, learn a good trade) and set yourself up for maximum earning potential in a field that's interesting to you. 3.
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23 October 2024 | 13 replies
Do you have multiple for vendors per trade?
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28 October 2024 | 34 replies
(Most notably, they've gotten REPS aggregation all mixed up in the past.)Based on the regs seems that:- 1245 ordinary income recapture applies to some forms of property that qualify as "real estate" for 1031 exchange purposes- 1245 recapture on such "real estate" overrides 1031 deferral such that 1245 depreciation is recaptured to the extent there's a trade down in 1245 property in the exchange@Heidi Kenefick There are many additional mitigating considerations worth discussing in conjunction a real estate tax accountant.