Joe Scott
Tax return size --- an audit flag?
18 October 2024 | 8 replies
The IRS typically selects returns for audit based on unusual or suspicious patterns, not the sheer length of a return.
Jeremy Altdorfer
20 units multifamily owner can't show proof of income via bank statements
16 October 2024 | 11 replies
I would assume asking proof of income on something like this is not unusual to request in a sale.
Abhishek Agarwal
Advice Needed: Seller's Counter Offer Raises Concerns - LTV, Inspection Timing.
15 October 2024 | 6 replies
I want to make sure I'm not overlooking any potential risks or unusual requests in this counter offer.Thank you in advance for your help!
Andrew Erickson
Made in China: California Licensed Manufactured Homes
17 October 2024 | 21 replies
I mean the challenge is in complying with them with an unusual structure.
Brett Jurgens
Make deals pencil by making SFRs sustainable – $200 in additional NOI / month
15 October 2024 | 8 replies
People in a particular business saying that their product or service is great, they’ve done it hundreds of times and it’s been great, is not unusual, whether true or not.
Olivier Chaine
LLC Transfer - for Loan
16 October 2024 | 5 replies
Somewhat unusual situation: we are in escrow on a property, and the current lender was going to underwrite the new loan.
Marc Lock
Claiming RE Professional Status as a W-2 Employee
14 October 2024 | 4 replies
In that case, the taxpayer had individuals testify to his character and work in court, which is an unusual scenario and highlights the difficulty of making such a claim.If the TP cannot qualify for REPS, they may still be eligible to claim material participation in the deals, even with less than 5% ownership in some of them.
Brandon Foster
Rental Vacancies in North County San Deigo
8 October 2024 | 1 reply
The initial open house seemed to have about unusual turnout.
Abhishek Agarwal
Advice Needed: Seller's Counter Offer Raises Concerns - LTV, Inspection Timing.
6 October 2024 | 2 replies
I want to make sure I'm not overlooking any potential risks or unusual requests in this counter offer.Thank you in advance for your help!
Marcus Welson
Typical 1031 Exchange Provider terms, Or not?
7 October 2024 | 4 replies
These terms aren't unusual but may warrant negotiation or seeking alternative QIs who offer more balanced protections.