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2 April 2024 | 2 replies
Does your area allow you to evict for non-payment of utilities?
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1 April 2024 | 17 replies
They only allow a box per dwelling.
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2 April 2024 | 3 replies
Alternatively, you COULD also refinance and use the equity to purchase something with more cashflow which would allow the deal to 'pencil' without leaving you in the red every month/year.
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2 April 2024 | 4 replies
If you are doing management for others (Third-party Property Management) you need a Real Estate License, and your Broker has to maintain the trust account and allow you to do Property Management. 2) You don't have to be a Broker to do PM.
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4 April 2024 | 38 replies
Those that teach, can't do".BRRRR out of state is very risky business IMO.If you have a $150,000 liquid you could pick up a nice flip in Texas.Haven't been here long but have been long enough in the RE market to see how booming things are here and the deals to be had especially from flip standpoint.I'd stay local, buy, fix and flip and only buy, fix and hold when you cash surplus allows you to do so.Just my opinion and wishing you all the best
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2 April 2024 | 16 replies
.- We're grappling with the social phenomenon of "squatters", individuals who don't pay rent and the government allows them to live in your property rent-free for 24 months before eviction.- Spain's population pyramid is a mess, with sky-high taxes and increasing insecurity in many areas.- The rental yields in premium zones of central Madrid barely reach 3.5% - 5% gross due to government policies, such as the rental index imposed by the socialist government.For these reasons and many more, I'm considering investing in Miami.
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1 April 2024 | 59 replies
The 2015 IRC code adopted by many municipalities allows for a minimum square footage of 75 feet.
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31 March 2024 | 4 replies
“If an individual is part of a high-deductible health care plan, making a contribution into their health savings account would also reduce taxable income.”Donation to a Qualified Charitable OrganizationCharitably inclined individuals might consider donating cash or appreciated property to a qualified charitable organization, potentially providing a tax deduction to help offset that tax year’s taxable income.
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2 April 2024 | 27 replies
SEP IRA wasn't deducted, Real Estate Professional status was not applied, and Cost Segregation wasn't consider for the year 2022.
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1 April 2024 | 11 replies
Two incidents of thefts from my rehabs was a no-brainer to get the WI/FI which is nominal to me calling the police, informing the insurance company only to be told (whatever) wasn't covered, and of course my deductible is $1000.