
5 December 2024 | 4 replies
Have you considered refinancing your STR to pull out cash to apply to a purchase in/around UTK?

5 December 2024 | 7 replies
No matter where you choose to invest, please keep in mind the following (copy & paste):--------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

12 December 2024 | 19 replies
After about 10 minutes of digging, we found out that this applicant was applying with fraudulent information.

9 December 2024 | 20 replies
I only sold a few amount of properties but the values of the homes have increased.The government is making less affordable homes(Impacts supply)A lot of the points you suggested such as selling costs and having to rehab the property before sale apply to both cheap homes and expensive homes

4 December 2024 | 2 replies
I'm trying to confirm the final replacement property identification deadline because the IRS issued a Disaster Notice that may extend my 45 day deadline.My qualified intermediary says they will not confirm the IRS notice applies or whether the 45 day date they gave me is overridden by the notice.

4 December 2024 | 4 replies
There are limited exceptions for properties that were recently purchased but it does not sound like that applies to your situation.

6 December 2024 | 10 replies
This applies even if the expense occurred before renting out your first property.This post does not create a CPA-Client relationship.

5 December 2024 | 8 replies
This is only good for 1 year and only applies to fix and flip.

5 December 2024 | 13 replies
@Howard Cheng, Qualified and non-qualified use only applies to the period of time you owned your replacement property (the converted property).

4 December 2024 | 6 replies
I will be graduating with a degree in Digital Marketing and have been applying to jobs for a while with not much luck.