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18 July 2024 | 1 reply
However, since this would be an investment property (held for 1 year or less), ARS 32-1121(A)(6) requires all work be performed by licensed contractors if the cost of material and labor is $1,000 or more.
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21 July 2024 | 15 replies
Thank you for your email I was made aware this weekend by one of the investors on our Facebook group that Marco Santarelli on June 18th, 2024, held a "web seminar" again soliciting investors.
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17 July 2024 | 10 replies
Flip is another word that people use to mean sell but after it was held as a long-term investment.The intent is important here as it will determine whether the sale will be eligible for a 1031 exchange or if the gain can be eligible for capital gain treatment.Best of luck.
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19 July 2024 | 17 replies
If the title company remains uncooperative, consulting a lawyer to pursue legal action may be necessary to resolve this matter and ensure you're not held liable for the previous taxes.
17 July 2024 | 6 replies
In New York State where most of my properties are I HAVE to use an attorney if the property is held in an LLC.
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17 July 2024 | 1 reply
So, last month I was laid-off from a job I held for about two years.
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16 July 2024 | 3 replies
I am doing a job in Shaker Heights OH for which I currently have 150% of budget in escrow with the town housing dpt.I can only get the funds released once violations are rectified. Where can I go to borrow money to g...
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14 July 2024 | 0 replies
New metal roof, painted the interior and exterior, sanded and painted the kitchen cabinets, and installed a new furnace.
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14 July 2024 | 0 replies
Investment Info:Single-family residence buy & hold investment in North Little Rock. 2021: new metal roof, painted the interior and exterior, sanded and painted the kitchen cabinets, and installed a new furnace.2024: New new vinyl plank flooring and carpet were installed throughout the home, all of the electrical outlets were replaced, and the A/C condenser and compressor were replaced.This property is currently listed for sale!
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17 July 2024 | 6 replies
Too many investors make the mistake of trying to treat it like a short-term rental, which is a great way to get yourself into a bind.You can keep more than one security deposit in the same bank account, but it should be held separate from any of your own money.You need two accounts: checking and savings.