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24 September 2024 | 22 replies
As long as the investor was good with the price you gave them, they won’t care that you are making money and most are actually happy that you are.
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18 September 2024 | 11 replies
I work for a full-service brokerage that specializes in investing, particularly in working with non-US residents.
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16 September 2024 | 7 replies
I own a construction company and would manage them and manage maintenance myself, and likely even rent a unit to myself to keep it simple (I’ve been a resident manager before too).
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23 September 2024 | 12 replies
There is a good chance they would limit the loan amount based on either appraisal, or purchase price + improvements (ie project cost), whichever is lower.
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24 September 2024 | 11 replies
@Kelly Flippinhappy to help but not enough in your info in your post to know if the house is a good deal or not.
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24 September 2024 | 4 replies
Yes, to qualify as a real estate professional, either spouse must meet the 750-hour requirement of material participation, where more than half of their personal time/services must be devoted to real estate activities.If your spouse works another part-time or full-time job, it may be difficult to demonstrate that more than half of her working hours are focused on the real estate business.If not, you should qualify as you exceed the 750-hour threshold of material participation.As always, it's a good idea to consult with your CPA to ensure you meet the requirements and can take full advantage of the RE Pro status and the deductions available.
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23 September 2024 | 3 replies
Welcome to BP and good luck with the new ventures.
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17 September 2024 | 0 replies
Investment Info:Single-family residence buy & hold investment.
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17 September 2024 | 0 replies
Investment Info:Single-family residence note investment investment.