Ryan Leake
Navigating STR Loophole Tax Strategy: Success Stories and Cautionary Tales
18 November 2024 | 47 replies
Seems like you're well versed in this subject Kelly.
Jose Remor
Leaving a property management company.
25 November 2024 | 19 replies
The laws/code change frequently as well.
Michelle Glover
Lots of offers but appraised low
19 November 2024 | 26 replies
If Yes, send your best 3 offers to the appraiser prior to their arrival.For a reconsideration of value (ROV), I suggest the following:Please review the appraisal for any clerical errors regarding the subject property and comparable sales.
Bruce Woodruff
New to me - How to handle Buyer's agent now?
21 November 2024 | 6 replies
Any mention or indication of a commission (or similar) will be an MLS rule violation and subject to a fine of $1,500+ (paid by you).
Briant Rivera Arroyo
New to Real Estate, Interested in Wholesale
21 November 2024 | 7 replies
Yes, wholesaling is tough to break into and to do it correctly is to have a good foundation of knowledge on the subject.
Sateesh Kumar
Partially funding a 4-plex in Oakland using SDIRA
18 November 2024 | 3 replies
Leverage in an IRA will produce Unrelated Debt Financed Income (UDFI), subject to Unrelated Business Income Tax (UBIT).There are plenty of investment options to deploy your IRA funds, but again, using your IRA in connection with this transaction will disqualify your IRA.
Nakul Patel
LLC formation question
19 November 2024 | 5 replies
Even if you create a non-CA LLC, if you are managing the business from California, you will likely be deemed to be "doing business" in California and therefore likely subject to CA taxes.
Kevin S.
Buy Real Estate with Pre-tax (401K/SIDRA), Roth IRA or after tax dollars?
21 November 2024 | 4 replies
It is 'lost' when investing within a retirement account.2) If the extra rate of return is about 1%-2% it may make sense given all the extra worth involved such as setting up and paying for the SDIRA account and then potentially having to file certain tax forms if your income is subject to Unrelated Business Taxable Income.
Vante Jay
Is NOLA worth the investment going into 2024?
18 November 2024 | 8 replies
The people elected her twice; the city floods in a medium rain and boil water notices are frequent due to crumbling infrastructure....but they did find enough money for festive lights for the bridge for the Superbowl.
Scott Trench
Purchasing a small Office Building
22 November 2024 | 13 replies
Then make 3 Subject to offers at the same time.