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19 September 2024 | 15 replies
So for instance for our lead organization & management, I clean the lists up in google sheets and then download as a .CSV file and upload into Airtable (google sheets on steroids) where its easier and cleaner to manage.I use Airtable to manage our raw leads data - I have a trigger set up, that whenever we change the status to "qualified", that lead will go into our CRM (Salesmate.io) where we track our contacts and deals.
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18 September 2024 | 9 replies
What I would ask for is an estoppel form signed by the seller and tenant stating the status of things.
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17 September 2024 | 3 replies
RE Pro Status supercharges this.If you or your spouse are an RE Pro, your LP investments can lead to depreciation offsetting both passive and active income.If you are not an RE Pro, the losses due to depreciation can only be used to offset passive income—such as income from other rental properties or other passive investments.
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18 September 2024 | 8 replies
I have currently installed dehumidifier and monitoring the status.
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18 September 2024 | 6 replies
The irony is most investors who form LLC's do not operate them correctly, fail to obtain appropriate types or amounts of insurance coverage, fail to understand their coverage exclusions, take short cuts and don't obtain permits, use unlicensed and uninsured vendors, fail to execute contracts with same vendors, don't understand the mechanism of additional insured status, indemnification etc. and are actually more prone to claims and conflict with their LLC than the individual who does not own real estate in an LLC but understands these tools I mentioned.
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16 September 2024 | 7 replies
This allows them to bypass the REP status since they are full-time doctors and cannot meet the standard.
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16 September 2024 | 1 reply
This could boost your cash flow without relying on stock market returns (Which can be volatile)2.Real Estate Professional Status (REPS): If you’re leaving your W2 job, qualifying for REPS can allow you to deduct real estate losses against your ordinary income, giving you a big tax break.3.Cost Segregation: This can accelerate depreciation on your properties, creating significant tax deductions.
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16 September 2024 | 4 replies
@Ken Buck What is the status of this project?
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16 September 2024 | 1 reply
They inherited the property from his father, ran the home for many years, are facing some health issues and are retired.
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15 September 2024 | 7 replies
If he meets all of the criteria what makes you inquire about his military status impacting him/her as a tenant?