Matthew Mclean
Do I accept a Housing Voucher?
11 December 2024 | 29 replies
And as others said, section 8 tenants are often the most quiet and reliable because they don't want to lose this aid and they are grateful to have housing.
Bao Vu
Question regarding Tax on a Flip
12 December 2024 | 10 replies
This ensures your books match the timing of your taxable income.It sounds like you're off to a great start—make sure everything is categorized correctly and consult a CPA to confirm your setup.
Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
I would be apprehensive to use it, however, with people without strong, reliable incomes and wealth.
Itay Heled
Anyone use Furnished finder leads of individuals for an entire house?
16 December 2024 | 18 replies
Furnished Finder does make it tricky since you need separate profiles for each room, but platforms like Apartments.com or Airbnb might work better if you're aiming for full-house rentals or structured by-the-room arrangements.If you decide to rent to multiple individuals:Tenant Screening: Screen each tenant thoroughly to ensure they’re reliable and responsible.Clear Communication: Introduce potential tenants to one another Detailed Agreements: Use separate leases for each tenant and specify shared vs. private spaces, utilities, and maintenance responsibilities.House Rules: Create clear, written house rules to prevent misunderstandings.Inventory Tracking: Document everything in the home (furniture, appliances, etc.) to avoid disputes about damage or missing items.Also, market your property with its flexibility in mind—like proximity to hospitals for traveling nurses or universities for graduate students.
Jorge Abreu
Selling Properties with Transparency and Maximizing the Sales 📈
11 December 2024 | 1 reply
When it's time to sell, I consult with multiple brokers, the experts who know their stuff.
Rud Sev
High level of taxes for syndication
20 December 2024 | 20 replies
Rud, Syndication deals (and crowdfunding deals which are essentially syndications that are allowed to market over the Internet) can be set up in numerous different ways.So there isn't going to be one single answer for this.To answer your question, I am not an accountant and you should always consult with your own tax accountant before making any investment decision.
Harsha G.
Private Lending - Passive Losses on Schedule E
11 December 2024 | 7 replies
Consulting a tax professional is key to ensuring compliance and maximizing benefits.
Scott Esmail
Double taxation for foreign nationals ( Canadian investor)
12 December 2024 | 6 replies
However a lawyer and accountant may be best to consult there much smarter then myself
Griffin Malcolm
Are Solar Panels Worth It?
5 December 2024 | 34 replies
It is important to consult with a real estate agent with knowledge of how panels affect your properties value.
James Kerson
Tell Me Why My Discount Brokerage Idea Is Bad: Calling All Agents
10 December 2024 | 100 replies
We consult dozens of these buyers for every 1 that ends up closing on a property.