Michael Baum
Fed cuts rates by .5%
9 November 2024 | 87 replies
Which is code for "MORE dependency, dependency on D.C. for ALL!!!!!".
Jesse LeBlanc
Is inflating a payoff a CRIMINAL OFFENSE in GA?
3 November 2024 | 56 replies
please reply with actual law codes if it’s criminal.
Tyler Kesling
Two for One
31 October 2024 | 10 replies
Just offer with inspection period and make sure to have written in - "contingent upon satisfactory review of all leases and T12, not to alter or change leases during pendency of the contract" (At least that's about how I would write it but the realtor there should know how to specify it).
Greg O'Brien
Clearing Up Confusion on Tax Treatment of Short Term Rentals
1 November 2024 | 48 replies
This all hinges on what you call a "rental property" is actually NOT a rental property in the tax code!
Tom Dean
Suggestions for STR location between $250k - $325k?, southeastern quadrant of US
8 November 2024 | 38 replies
I don't think they differentiate the rental type for the writeoffs.I've researched this a fair amount, from what I understand there's an exception section 469 of the tax code that says if you actively manage the str and have an average stay length of 7 days or less then it's treated as an active business and the income is therefore not passive and expenses are able to be written off against W2 income.
Glen Fernandes
Thermostate to lock temperature ranges
1 November 2024 | 3 replies
Any programmable thermostat that has the ability to lock the screen with a pass code should work.
Vijaya Gowrisankar
BRRR Strategy in Philadelphia
30 October 2024 | 5 replies
After doing some initial research, I decided to check out some zip codes in Philly as that's an hour's drive from where I live - 19132, 19133, 19134.
Derek Bell
Expanding PEMB for increased NOI
1 November 2024 | 3 replies
I guess about the only thing that would worry me the most would be that if you add to the existing building, and if the city code has changed since after the initial build, then they are gonna want you to make all the necessary changes to the existing portion of the pemb.
Michael Rost
Jackson, MS long-term buy and hold
31 October 2024 | 25 replies
My properties have usually been in the 39206 and 39212 zip codes which are a mixed bag.