
20 December 2024 | 3 replies
Hey Chris, a few thoughts here.Considering that office is not attached to the house, I wouldn’t add any footage to the total home square footage; however, you could advertise that office space and amount of footage and amenities in your remarks.If you’re a Realtor or are using one for the sale, your local MLS may have fields dedicated to additional footage for other buildings on the property, such as ADU’s.The other point is that typically, perhaps depending upon location, a space needs to have heating to count in the square footage, which this office doesn’t have if I understand correctly.Consider contacting an appraiser to inquire about how they would handle this space on an appraisal, or a Realtor.

19 December 2024 | 5 replies
Think about it: most of them are able-bodied adults who choose to live (mostly) free off the backs of others rather than contribute to society.Rent payments are usually steady, but Section 8 tenants took a lot more work upfront, throughout their tenancy and at the end of their tenancy.

11 December 2024 | 8 replies
Hopefully by then I will have at least a couple wholesales under my belt.

9 December 2024 | 1 reply
Someone must have the authority to sign on behalf of the inherited IRA.

13 December 2024 | 9 replies
Welcome to the community and be ready for a huge amount of information at your finger tips.

20 December 2024 | 0 replies
There are several different types of income in the US tax code.Two main types are “active income” and “passive income".Active income is money you earn from working, such as wages from a W-2 job or income from running a business.Passive income is money you earn from investments like real estate, stocks, or rental income from your RE portfolio where you earn $ without actively working.Normally, you can't use passive losses (like losses from real estate investments) to offset active income like your salary from a W-2 job.That is unless you are an RE Pro.The reality is, that Real Estate Pro status is just a filing status similar to filing married or jointly.And if you are a real estate professional you CAN use passive real estate losses to offset active income from other sources.To qualify as an RE Pro you must:1.
19 December 2024 | 4 replies
Hi, We have five garnishments on evicted tenants in KCMO that our Lawyer is chasing, with very limited success.

21 December 2024 | 1 reply
This deal showcased our streamlined process and Erika's keen market insights, resulting in a swift transaction and a substantial profit.

12 December 2024 | 7 replies
However, I have never been unable to get insurance here.

10 December 2024 | 7 replies
Unless it's rapidly appreciating it doesn't sound like a suitable rental anyway if you have to come out of pocket that much.