
12 April 2024 | 23 replies
The buyer's lender now says that the buyer needs $8k to close and upped their offer to $222k vs the original offer of $220k.

10 April 2024 | 4 replies
I use a PM on our STRs and MTRs and my performance after PM fees is no better than if they were LTRs.

10 April 2024 | 70 replies
Originally posted by @Chet Hingle:@Nathan Emmert .

11 April 2024 | 2 replies
Originally she was going to be my realtor to sell the house.

10 April 2024 | 3 replies
Of course, you can pay them a referral fee.

11 April 2024 | 2 replies
Option 1: Separate SchedulesCarryover: Continue depreciating the remaining cost basis from the relinquished property over its original depreciation schedule (e.g., 17.5 years remaining for residential property).New Schedule: Simultaneously, start a new depreciation schedule for the additional cost basis attributed to the replacement property, following standard timeframes (27.5 years for residential, 39 years for commercial).Option 2: Treat as New AssetCombined Basis: Treat the entire cost basis of the replacement property (carried-over basis + additional funds invested) as if it were a newly acquired asset.Single Schedule: Depreciate the total cost basis over the standard timeframe for the replacement property type (27.5 years for residential or 39 years for commercial).If you choose option #2, you need to file an additional form (4652) with your tax return.

10 April 2024 | 38 replies
Did you have any issues with the tenants that quit paying the monthly fee?

11 April 2024 | 7 replies
A partner of mine wants to sell some performing land notes in Texas. 8-12% returns, some RMLSO originated, anyone interested or have contacts who would like to take a look?

10 April 2024 | 59 replies
Originally posted by @Sue K.

10 April 2024 | 3 replies
Low Fees: To maximize their returns, real estate investors often seek accounts with low fees for transactions, wire transfers, and account maintenance.