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27 January 2025 | 15 replies
From my understanding, many require it be held in an entity name for compliance reasons.
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5 February 2025 | 15 replies
I will not expand my business to areas without having a good team first. 20 to 25% is reasonable if you come across a good PM near you, there is a lot of work that goes into STRs
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22 January 2025 | 1 reply
I'm eager to learn about how to find and fund properties that help my family financially and my community with affordable/reasonable dwellings for young families and newlyweds.
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13 February 2025 | 2 replies
==========================My relative is asking if this is a viable way to legally avoid having to pay taxes:STEP 1: SELL PRIMARY RESIDENCE (House A)-Sell primary residence to son-in-law for cost basis + $500K-File gift tax form for difference between sale price & market value-Not pay capital gains on $500K due to personal exemption.STEP 2: SELL RENTAL PROPERTIES-Do 1031 exchange and buy House A back from son-in-law-Rent out House A for 1 year before move back in==========================Thoughts?
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4 February 2025 | 38 replies
With insurance rates going up, best to find areas with the lowest operating cost.
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27 January 2025 | 18 replies
Specifically, the cost to have it corrected is now a known material fact.
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25 January 2025 | 1 reply
Once your emergency account has a reasonable amount in it, whatever that means to you, you might want to think about steering that payroll money into the investment savings account from each pay check and leave the emergency account money as is.
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6 February 2025 | 7 replies
We used to hire a company to balance the chemicals and my costs were almost 2K per month.
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4 February 2025 | 3 replies
If any costs go up, developer eats it.
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10 January 2025 | 2 replies
We sold the house quite quickly at a reasonable profit.Lessons learned?