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16 February 2025 | 26 replies
You're picking a great time to start investing, the area is becoming a hot spot for investors.
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16 February 2025 | 61 replies
I am curious to see how it goes and will provide an update when it's completed.
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2 February 2025 | 2 replies
I'm looking for the cleanest & most visible way to access payment history, see amortization schedule, tax documents, etc- much like bank softwares provide.
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3 February 2025 | 8 replies
Quote from @Tim Baldwin: @Nathan Gesner, that form should not be used, as it provides for 60 days notice to terminate a month-to-month tenancy, which FS 83.57 only requires 30 days.It was a ten-second search for an example.
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6 February 2025 | 11 replies
We have allowed tenants to resolve past due debts or provide letters from previous apartment complexes confirming that damages or unpaid rent were not their responsibility.
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4 February 2025 | 6 replies
In turn they provide me with a steady flow of off market properties.
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6 February 2025 | 13 replies
This can provide a better depreciation benefit than traditional STR real estate.If permanently affixed to land, it qualifies for real estate depreciation (27.5 years for residential properties).Considerations:Zoning laws and campground restrictions may impact legality.Self-employment tax risk arises if you provide substantial guest services.Vacation home rules apply if personal use exceeds 14 days or 10% of rental days, limiting deductions.Audit risk is high, so keep detailed records of participation, expenses, and rental operations.Given the potential tax benefits and complexities, consulting a real estate tax professional is advised to ensure compliance and maximize deductions.This post does not create a CPA-Client relationship.
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5 February 2025 | 22 replies
I wonder if your local MLS provider has a list of MLS_only brokers in their system?
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2 February 2025 | 4 replies
Even if the rental has a decent cash flow with additional flood insurance, we're still not sure we want to take on that risk as we are out-of-state investors (planning to move back to KY in the future, but not now) and we don't like that it will potentially bring down the perceived value when we try to sell it in the future.The seller has never lived there and has not provided any information on if it has flooded before or not.
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3 February 2025 | 5 replies
Thanks,BrettLocal PM here - happy to help identify investment opportunities, provide investment analysis and connect you with contractors, agents, lenders etc etc. kindly let me know and I'll help in any capacity I can.