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22 January 2025 | 31 replies
Rules are super landlord-friendly and we see positive cash flowing deals with lots of potential for appreciation.
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14 January 2025 | 25 replies
This is how I would recommend doing it:First a caveat I am in Tampa, FL and do not know any rules or laws for CA or dealing with the permits for Joshua Tree.1.
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19 January 2025 | 46 replies
Each area has its own rules on how it works, but basically, you buy the house, pay a deposit and agree to rehab the house within a certain amount of time.
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15 January 2025 | 8 replies
Consider the "2 of the last 5 year rule" to avoid capital gains.
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7 January 2025 | 12 replies
Unfortunately, I do have a property in an HOA, which often comes with their own set of rules that you'd have to follow of course.
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12 January 2025 | 13 replies
The rules are designed to prevent related parties from engaging in exchanges that shift high basis property for low basis property, followed by a sale of the low basis property, effectively "cashing out" without recognizing gain.If you sell a property to a related party as part of a 1031 exchange, both you and the related party must hold the exchanged properties for at least two years following the exchange.
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6 January 2025 | 1 reply
Please read the rules here.
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6 January 2025 | 5 replies
I just want to get the management side of things right if I were to commit virtually all of my resources to it.Best,Dustin The rule of thumb is somewhere between 80 and 150 units is when you will need FT maintenance (depending on age and amount of deferred maintenance).
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6 January 2025 | 7 replies
So, as previously mentioned, the rules can be changed at the developer's whim.
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9 January 2025 | 16 replies
When we moved our companies to a new accounting software we looked at Quickbooks, but found its international awareness (tax rules, multi-currency, locale support, etc), project/job, and multi-company abilities to be clunky.To be fair, none of the candidates hit everything on our wishlist.We ended-up selecting MoneyWorks by Cognito and have been satisfied with it over the past three years.