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10 February 2025 | 12 replies
If you're not conducting the work yourself, contract with reputable and competent companies.
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1 February 2025 | 10 replies
Rentrange uses data from large property management companies just like mine.
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18 February 2025 | 7 replies
The agent will not be paying you/seller/buyer because the agent does not bring money to the seller/buyer in any fashion in a transaction (typical transactions), unless this agent is a partner to that person buying the property, or they are a principal to the property.Let me know if that makes sense.
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5 February 2025 | 9 replies
Once again, this matches my personal experience that the larger, more expensive properties continue to sell better than smaller properties.
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25 January 2025 | 8 replies
Others may have personal experience to share.
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10 February 2025 | 0 replies
Ensuring that you provide all of the applicable information to the cost segregation study company helps them provide the most accurate cost benefit analysis.
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7 February 2025 | 1 reply
Or can you still run everything through your personal return (just want to make sure that I can deduct things such as HOA fees which I can do if it is a rental).2) If I do decide to run everything thru my personal tax return (save on LLC fees), should I at the least set up a separate bank account to track costs separately?
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24 January 2025 | 8 replies
Gifting equity in a house may be more trouble than it is worth if you are not near the life-time exclusion1) Potentially having to get the property appraised everytime an equity is gifted2) Having a title company update the title every time3) Exemption of the gift tax return is normally for cash gifts below the annual gift tax exclusion, you may still need to file if you gift non-cash4) If there is partial ownership over several years, having to properly pro-rate certain items such as real estate taxes, mortgage interest and rental income if the property is a rentalBest of luck
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8 February 2025 | 1 reply
I know it’s more difficult to sell this so I’m looking for a company or group of Investors that would be willing to buy as is.
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20 February 2025 | 7 replies
I would get a slab/foundation company out there to take a look at the property and see what the quote is to repair it.