Michael Poloncic
Tenant breaking their lease
9 January 2025 | 8 replies
Send a notice: The landlord can post a notice in a visible place and send a notice by mail to the tenant's last known addressRemove belongings: The landlord can remove the tenant's belongings and store themRecover costs: The landlord can recover the costs of moving and storage from the tenantSell belongings: If the tenant doesn't claim their belongings, the landlord can sell them at a public sale(End)Please only communicate with the tenants - all of them - in written form only so it can be used in any collection/court engagement.
ZZ Song
Any experience with Prime Corporate Services?
20 January 2025 | 31 replies
I have opened two more LLC's with them since I last posted here.
Tyler Speelman
Exploring Creative Solutions for Down Payment and Tax Avoidance
12 January 2025 | 13 replies
Selling the rentals via installment sales could also spread out tax liability.This post does not create a CPA-Client relationship.
Heidi Kenefick
Organaizing finances- baselane vs Rentastic vs avail vs rentredi?
21 January 2025 | 40 replies
If you shoot me a message in a couple months I don't mind posting an update.
Pixel Rogue
Real-estate Exit Plan
20 January 2025 | 6 replies
- If so, 1031 into something bigger and easier to manage and then when you pass, the inheritor receives your property(s) at a stepped up basis - subject to Inheritance Tax limits.Otherwise, sell one every 1-5 years when you need the cash, so you can plan expenses to offset capital gains.14 properties - presume these had to have been single families.Oh, I'm modifying the original post to mention leaning toward creating a trust which we manage..so we would own very little yet manage the trust which owned investments and such.Here is what I understand/misunderstand (better or worse) on moving every 2 years (as we are open to that albeit pia.) • Multi-unit would only support a %, so a quad would 25% and prorated over all years of ownership....witteling advantage to not worth the effort. • Single unit properties get pro-rated.
Joshua Piche
Im looking to move out this year and house hack my first property
7 January 2025 | 12 replies
Lastly this is my first post here so apologies in advance if I posted this wrong or in the wrong place House hacking is perhaps the best strategy to get started in real estate.
Trevor McCormick
Advise on Purchasing my first STR in Kissimmee Florida
29 January 2025 | 18 replies
I will keep you posted if I pursue investments in Kissimmee, I appreciate the feedback!
Nicholas Dillon
Taking additional cash from a 1031 exhange
7 January 2025 | 3 replies
Working with a qualified intermediary (QI) ensures compliance with IRS rules.This post does not create a CPA-Client relationship.
Patricia Andriolo-Bull
Thoughts on Host Tools
24 January 2025 | 10 replies
I’ve been meaning to write a blog post on how to do it - I’ll eventually get around to doing it.
Jennie Berger
Transactional Funding: ins and outs, ups and downs, seeking advice & insight!
8 January 2025 | 13 replies
Non stop action taking and never giving up plus always making sure we give our absolute best to clients and always reply never making anyone wait and go to a competitor :) I have Ads, I have a lot of social media posts and updates on all social media platforms daily.