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1 March 2024 | 15 replies
I can definitely tell you there's still a lot of positive cash flowing and 1% rule deals and you get amazing appreciation.
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2 March 2024 | 32 replies
It is easy to lose your shirt in that area so it is important to have someone solid.
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29 February 2024 | 8 replies
One of the rules in the IRC states that property must be HELD for productive use in a trade or business or for investment.
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29 February 2024 | 4 replies
Considering that the back-end ratio needs to be roughly 36 percent in order to qualify for a loan, it seems that the mortgage costs associated with each newly purchased property should be 36% of the revenue generated by that property -- we might call this a 36% rule: mortgage cost / rental income = .36Please let me know -- is this feasible or advisable?
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1 March 2024 | 1 reply
The margins are so small from turnkey deals, but REI Nation makes these deals easy to complete.
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29 February 2024 | 7 replies
There is nothing in the article about not being able to terminate lease at lease end, but rent control always have such rules.
1 March 2024 | 11 replies
Which isn't a lot so it is pretty easy to stay competitive without going nutz on pricing.
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29 February 2024 | 6 replies
It's important to understand how the credits will affect your specific tax situation and when you can claim them.Recapture Rules: There are recapture rules in place, which may require you to repay some or all of the credit if you dispose of the property or change its use within a certain number of years after the rehabilitation.Overall, historic tax credits can be a valuable tool for property developers and owners looking to preserve historic buildings and lower the overall cost of rehabilitation projects.
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28 February 2024 | 3 replies
As mentioned this is for OO properties, not investment/NOO properties.This is the second post that someone has used the term "rules/law/requirement".
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1 March 2024 | 4 replies
The easy way to accomplish this is get the replacement under contract after your property is under contract, before it sells.