Tim Hem
Capital Gains and IRS Publication 523
9 January 2025 | 9 replies
Hey Tim, Under IRS Publication 523, as a military member on qualified extended duty, you benefit from an extension of the “2 out of 5 years” rule to “2 out of the last 10 years” for excluding capital gains on the sale of a primary residence.
Bryan Hartlen
Anyone have good experiences with their property management company?
18 January 2025 | 11 replies
The problem we’ve found, despite using other investor’s recommendations and extensive interviewing, is that so far, every PM company we’ve used is mediocre at best.
Sri S.
Which short term mgmt software is better for sending automated messages, pricing
29 December 2024 | 9 replies
I will say it was disclosed to us in a fine print email, but it was definitely not clearly told to us and many people are migrating away because we have our direct sites listed as fee free and they no longer would be.I did extensive research last year when signing up and Hostfully was my runner up and that’s why I am switching to them.
Colin Ford
BRRR long term buy and old for STR or long term rentals
12 January 2025 | 12 replies
I will do my due diligence and extensive research before making any moves.
Elan Adler
My experience buying a turnkey cash flowing (kinda) turnkey rental outside Huntsville
19 January 2025 | 18 replies
It's been so bad here, that I bought an STR in Indiana with another business partner in 2024 because there are minimal opportunities here - unless you have the ability and budget to extensively source off market properties here.
Spencer Cornelia
$50k Loss on First Two Flips | Out of State Investing Gone Wrong
19 January 2025 | 9 replies
I bought these two houses that were next door to each other with a partner using hard money (3pts, 13% interest, and 1% extension fee every 3 months after the initial 6 month term).
Monty Alston
Need creative advice to pull equity out of my home ?
18 January 2025 | 15 replies
I have an extensive background in residential construction, having built several properties from the ground up, and I’m looking to focus on either fix-and-flip projects or a niche market for small residential homes in my area.
Bailey Rentz
Done with Stessa. Where should I go?
13 January 2025 | 10 replies
However, if you have a more extensive portfolio or plan to become larger in the next year or two, I would look for a double-entry system that allows bank reconciliations.
Beau Wollens
First time fix and flip opportunity in Stamford Connecticut - Total Gut Renovation
29 January 2025 | 13 replies
I would recommend planning for some unexpected costs on an extensive rehab like this, especially if the current tenant didn't treat the house well.
Chan Park
Plumbing Issue - Landlord's vs. Tenant's expense
29 January 2025 | 14 replies
But we just don't know how extensive the damage is on the inside.