If you sell or transfer the property - that basis is re-evaluated at the time of the new sale  and would likely increase - making your taxes higher.  

The IRS requires a very detailed mileage log, so if you are ever audited, you run the risk of losing your mileage expense if you simply estimate.

The first step is to evaluate the marketing, the second step is to evaluate the condition of the home, the third step is to evaluate the price.

But, a non-favorable catch is the requirement that Hometap becomes your financial power of attorney over the asset, in the event of default or a breach of contract where they can transfer the deed of your home, and or sell your property without your approval(cost, fees, time)Below is a situation I'm trying to evaluate.

What Bill said and:First thing to do is to evaluate the appraised value.

My log shows only four 229 calls since 8/2022, with the most recent one in 10/2023.One call shouldn’t count: alleged IRS debt relief.Two with no useful intell.One is a confirmed (alleged) “Homebuyer’s Inc.”

I am a GC evaluating building 3 unit row homes on city owned lots.  

Hello,I am evaluating a syndication as a potential LP. 

Thanks - I saw that and its definitely something I would be pretty open to subscribing to once I wanted to start and it isn't overly pricey.I saw it has some intro information as well, but not sure if anyone has recommendations on books/reading for this area for some of the more detailed risks/points to evaluate?

A good investor agent using a good team, will tell you off the top of their head in 3 seconds every neighborhood by class, risk profile, and be able to evaluate asset condition as well.Your job is to pick a strategy...