
28 December 2024 | 11 replies
And no, the purchaser would not have a viable claim over the incorrect record as all information concerning the subject property must be independently verified.Owner should have accepted the pre-auction offer which turned out to be ~2x the high bid.

26 December 2024 | 27 replies
FF is a great tool, but you can also look up local corporate leasing companies, as well as, insurance companies/agents to work with for individuals who are going through home insurance claims.

18 December 2024 | 4 replies
Instead it looks like a sales pitch that is targeted to unsophisticated investors who are new to the space.If that's actually the situation here than these deals generally have multiple things I can't stomach and is an immediate red flag for me.2) AAA Storage growth: At one point I was interested in this sponsor because of the claimed full real estate cycle track record with little to no money lost.

31 December 2024 | 66 replies
Also LLCs cant use small claims court here.

25 December 2024 | 10 replies
All rooms within the property are leased as furnished.During my initial residency, the tenant expressed dissatisfaction with my personality, claiming I acted superior and nitpicked him.

24 December 2024 | 9 replies
You could set up one LLC to own your 4 rental properties and quit-claim deed them over and that would be the maximum I'd do with respect to LLC formation.

19 December 2024 | 5 replies
I don't see how they could, since things happen... but again, granted there is no guarantee, these companies are claiming such high averages and they have such huge portfolios and good reputations, so it makes me wonder.

11 December 2024 | 6 replies
@Brett Riemensnider You can claim expenses related to your rental property, even with a homestead loan, by allocating costs based on the 75% rental usage.

20 December 2024 | 0 replies
You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate wouldn't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.

24 December 2024 | 14 replies
If house hacking, allocate expenses between personal and rental use to claim deductions only for the rental portion.