Bree Jimenez
Hi, it's me again just need some advice,
19 November 2024 | 11 replies
It’s emotionally draining, but I’m determined to honor his legacy by building a real estate portfolio, just like he did.On top of that, I’ve faced a lot of loss in recent years.
Frank Schofield
REO & ASSET MANAGEMENT CONTACTS
18 November 2024 | 14 replies
The easiest way to start is to go into your local branch banks and ask for their loss mitigation department, and once you get the right person, ask how you go about buying their REOs.
Jean G.
How much to bid on commercial NPNs (past maturity)
17 November 2024 | 5 replies
By this time 18 months have passed and the property through neglect, no maintenance, loss of tenants, etc. may appraise for significantly less than amount owed.
Gloria C.
Investment property burned down.....
15 November 2024 | 7 replies
A 1033 exchange is specifically for involuntary conversions and catastrophic loss situations like yours.
Sandra Ho
Better to have no tenant or a tenant with history of multiple late payments
18 November 2024 | 11 replies
Remember that you’re incurring a vacancy loss every day you don’t have a tenant in place, so you should consider the trade-off here.
DeAnna McKillop-Lopez
LLc’s and irrevocable trusts
18 November 2024 | 9 replies
Make sure personal property, business income loss, cleanup cost, etc are covered.Term life insurance.
Collin Schwartz
Trading W-2 for Self Management- 0-92 Units in 16 months!
1 December 2024 | 377 replies
While you can save huge dollars by increasing the deductible just a single percent, the downside can lead to catastrophic cash shortfalls in the event of a loss.
Jake Hughes
Cost Segregation Study
17 November 2024 | 7 replies
Please make sure your losses are not limited under PALs.This post does not create a CPA-Client relationship.
Chris Williams
Deal Going Sour
15 November 2024 | 18 replies
This means I will take a significant loss to ensure investors do not lose their initial investment.
Olga Nadal
Pivoting out of a 1031 exchange
15 November 2024 | 11 replies
Check with a tax professional.You can manage your taxes if you do cost seg on the vacation rental and use the losses.