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11 November 2024 | 3 replies
Quote from @Emory Clayton: I'm confused as to how to screen Sec 8 tenants compared to regular 'market rate' tenants.
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19 November 2024 | 13 replies
I'm out on site regularly for that project for my W2 job, there are rumors of it growing in scope too.
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14 November 2024 | 13 replies
I hear appraisals associated with ADUs regularly in southern Ca and they are typically less than 50% of hands off cost.
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11 November 2024 | 12 replies
Quote from @Katie Nolan: Here's the Oregon Landlord - Tenant Law: https://www.oregonlegislature.gov/bills_laws/ors/ors090.htmlHere's a handbook that may be easier to understand: https://oregonlawhelp.org/resources/landlord-tenant-law-oreg...If you're going to be successful, particularly in a heavily regulated state, then I recommend you study the law regularly.
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5 November 2024 | 8 replies
A regular camera will monitor more of an area, but it is nice to have the doorbell version so if the house is empty and someone rings the doorbell, you are notified and can talk to them through it.
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10 November 2024 | 12 replies
I used to have a Minute sensor (for noise monitoring) in a unit located in a rough part of town, and guests would simply take it down.
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12 November 2024 | 5 replies
If you have a real estate attorney you use regularly, they normally will do it for a low price as well.
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11 November 2024 | 1 reply
I needed a consistent cash flow while still holding onto my regular full time job.
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12 November 2024 | 1 reply
If not, even though you are a re pro, losses are passive & deductions are limited.There are 7 scenarios that will qualify as material, and you only need to meet one:*500 hours*Substantially all participation*> 100 hrs and at least 1/2*Significant participation*5/10 years*Personal service activity w participation in last 3 years*Continuous participationTo materially participate, you must be involved in the operations of the activity on a regular, continuous, and substantial basis.Once you pass the pro test, the material participation often comes along for the ride.You can elect to aggregate all rental real estate for purposes of measuring material participation under Sec. 1.469-9(g).Your time spent on all your rental properties (STRs don't qualify) counts as one activity, making it easier to materially participate.In order to make a strong case with your CPA and the IRS you need to document your hours.Best practice is an hours log where you are as specific as possible.
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16 November 2024 | 26 replies
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