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.
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.
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.
Roy Jenkins
Best Loan For New Investor
14 November 2024 | 10 replies
Hey Roy - Typically, previous experience is weighted heavily with hard money lenders, so they might offer better terms to flippers with a track record.
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.
Jonathan Greene
Why You Should Stop Talking About Quitting Your Job Before You Have Your 1st Property
26 November 2024 | 46 replies
Sometimes that job loss is the impetus to go full time a little earlier and it works.
Jeremy Beland
How a Set of Doorknobs Nearly Cost Us a $25,000 Deal
13 November 2024 | 2 replies
This time, she agreed, and the sale finally went through.This experience reminded me how seemingly minor items can hold enormous sentimental weight.