20 November 2024 | 2 replies
I wish we could tap into equity as easy as that. let me know if I can help in any way but probably not to answer your question. if you can split the lot and sell half that might be an idea to recapitalize. that's the the only way
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19 November 2024 | 11 replies
Adding half a bathroom per comps added $50k valuation.
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20 November 2024 | 9 replies
TIAI personally don't like the receipt scanning apps because I think they are overkill and they only account for half the record keeping you need to do.
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25 November 2024 | 19 replies
If they're charging $500 a month AND they charge a set amount (sometimes its a months' rent or half a months rent when they get a new tenant), then they're ripping you off and you should fire them immediately without question.
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19 November 2024 | 0 replies
Note that if you are married filing joint, only the spouse who is qualifying for REPS is able to count their hours.Step 4: Apply the quantitative testsPer Section 469(c)(7)(B), in order to qualify for REPS, you must meet both of the tests below:750-Hour Test: If you materially participate in a real property trade or business, you must spend 750+ hours during the tax year.More Than Half Test: You must spend more than half of your personal service hours in the real property trade or business in which you materially participate.Step 5: Material participation in rental activities Just because you qualify for real estate professional status does not mean that your rental activities are automatically considered non-passive.
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22 November 2024 | 12 replies
We got the maximum amount they allowed, which is about half of our mortgage.
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21 November 2024 | 20 replies
Purchase preforming notes capped at half your total deployable capital (150K)Then sale the future revenue of those notes through note exchanges, doing this will allow you to hedge the US real estate volatility while turning a profit from the market
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21 November 2024 | 25 replies
Felt like I was speaking with a virtual assistant backed by AI.He estimated my re-roof would be half the size at double the rate quotes I got from everybody else... truly amateur hour for somebody that claimed to have done hundreds of these.I also was never able to find more than 5 property records tied to his name or to related LLCs.
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19 November 2024 | 7 replies
Half-year convention: If no mid-quarter rule applies, you might claim half a year of depreciation for certain assets.2.
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19 November 2024 | 13 replies
Ca has been passing statewide ADU laws for the last half dozen years.