Corazon B.
Distinguishing between A-Class, B-Class, C-Class properties?
8 May 2024 | 10 replies
What are other ways are you guys able to distinguish between the properties?
Wilson Vanhook
Is This Creative 0 Down Payment Strategy Possible?
8 May 2024 | 5 replies
While you can supply important information to the appraiser, such as recent improvements or distinguishing features, they must ultimately provide an impartial market valuation.
Nathan Gesner
Research Question - Red Flags when interviewing Property Managers?
30 April 2024 | 27 replies
This framework should be comprehensive, covering all key areas of property management including financial management, tenant relations, routine and emergency maintenance, legal compliance, and property marketing.Identify the critical traits, skills, experiences, and credentials that distinguish a high-quality property management company.
Juan Mora
Tulum Mexico Viventum
30 April 2024 | 16 replies
However, given the current situation, it is essential to engage in extensive research, scouting, and analysis, and invest in prime locations and features that distinguish one's property from others.
Account Closed
Form 1098 for private lenders. Reporting MUSTS
25 April 2024 | 0 replies
The IRS cross-references your 1098s with claimed deductions, raising concerns if discrepancies arise.Private Lenders and Forms 1098: Private lenders are required to send Forms 1098, but only if they meet specific criteria:The private lender operates as a “trade or business,” distinguishing professional lenders from casual lenders like friends or family members.The loan is issued to an individual or a disregarded single-member LLC.The loan is a mortgage secured by real property.The annual interest paid on the mortgage was $600 or more for the previous year.The conditions leave some room for interpretation, particularly regarding the “trade or business” clause.
Sandrene Smart
How can I get to borrow earnest money?
25 April 2024 | 21 replies
I had the same general reaction @Chris Seveney did...I like to distinguish between what's possible and what's likelyLots of posters:"I can't believe how high the closing costs are on my loan - no one told me this""I don't have a down payment how do I get one""This tenant turnover is costing me thousands of dollars!"
Aaron Washington
Game rooms/arcadea return for STR
24 April 2024 | 25 replies
Game rooms can distinguish your property or make it more similar to the top properties in your area, but is that what your typical guest is looking for?
Nathan Kurz
Georgetown RV Resort Opportunity to Develop/Invest
18 April 2024 | 2 replies
Distinguished Investors,An exceptional opportunity awaits in Georgetown—a 62-acre canvas primed for transformation into a premier RV resort.
Ken Livingston
Business trip tax questions
16 April 2024 | 3 replies
So, if you're discussing business matters with your property manager or realtor during a meal, those expenses could potentially be deductible.Be mindful of distinguishing between personal and business expenses.
Katie Bustos
House hacking taxes?
15 April 2024 | 7 replies
It's important to distinguish between repairs (deductible) and improvements (generally not immediately deductible).Utilities and other expenses: You may be able to deduct certain expenses directly related to the rental property, such as utilities or advertising costs.