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Results (10,000+)
John McCarthy How to deal with a very difficult tenant
9 November 2024 | 7 replies
Document, document, document, all of the attempts to set appointments for the repair.
Glen Michael Owner onboarding requirement to provide financial documentation
3 November 2024 | 8 replies
Just seeing who requires new owners/landlords to provide their financial documentation upon signing a management agreement?
Melanie Baldridge RE Pro status to make the best case with your CPA and the IRS
12 November 2024 | 1 reply
If not, even though you are a re pro, losses are passive & deductions are limited.There are 7 scenarios that will qualify as material, and you only need to meet one:*500 hours*Substantially all participation*> 100 hrs and at least 1/2*Significant participation*5/10 years*Personal service activity w participation in last 3 years*Continuous participationTo materially participate, you must be involved in the operations of the activity on a regular, continuous, and substantial basis.Once you pass the pro test, the material participation often comes along for the ride.You can elect to aggregate all rental real estate for purposes of measuring material participation under Sec. 1.469-9(g).Your time spent on all your rental properties (STRs don't qualify) counts as one activity, making it easier to materially participate.In order to make a strong case with your CPA and the IRS you need to document your hours.Best practice is an hours log where you are as specific as possible.
Mad Dendukuri When is relocation to tenants required for doing repairs
13 November 2024 | 8 replies
AND THE MOST IMPORTANT PART,  document all communication and decisions about the repair requests.
Michele S. How to finance a future Padsplit??
13 November 2024 | 15 replies
If you're still looking for more information on this, check this out: https://www.padsplit.com/host-resources/news/how-to-refinanc...Quote from @Michele S.: Hello there, I believe is my first post so bear with me.
Jonah Slove Land Purchase and Subdivision Process
11 November 2024 | 9 replies
They will know setback rules, road widths required, easement documentation for road and utilities, postal box and bus stop.  
Blaise Peterson Career advice for my daughter
11 November 2024 | 14 replies
Just like you, she can do RE as a side gig and learn a lot more while she keeps her own nest egg going and her lendability strong with a regular job.You should loop her into a major document with all of the properties and all of the profit and loss and go through them one by one and talk about whether to sell or keep, and also base it on geography for her and your collective choice of management.
Gisele Sood how do I know what is more lucrative: quadruplex versus residential
12 November 2024 | 15 replies
Also check local news papers TV for large companies moving to the area.
Paul Sanders HOA CC&R's written in 1998 now being used to prevent STR's, what to do?
11 November 2024 | 7 replies
Fast forward to today and one of those existing STR's has become a nuisance to the neighborhood and so the HOA board is planning to ban all STR's using what they believe are provisions in the CC&Rs to justify it and have consulted an attorney to validate the legal standing on implementing this ban.The CC&Rs were written in 1998 (before STR's was even a thing) and have these sections being cited by a couple members of the board as justification for banning the rentals (note there is not anything explicit about STR's in the documents)Section 1 – Single Family Residential – states in part, “… Lots… shall be used for no purpose other than residential purposes.”
Renay Reese Open Carry, Concealed carry or no carry while do business
19 November 2024 | 111 replies
By then they are documenting what happened to someone versus what IS happening and how to help and stop it in the moment.