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27 September 2022 | 23 replies
Many times they are scams or just give you the bare info for a ton of dollars.Use bigger pockets to your advantage, there is a ton of free information on here that can really get you started on the right track.
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5 December 2021 | 23 replies
So...in essence, Treas Reg Sec. 1.469-9(f)(1) functions as an "anti-abuse" rule of sorts to prevent a RRE professional from downsizing his own RRE activities in relation to his "managed" RRE activities.Treas Reg Sec 1.469-9(f)(2) provides a de minimis exception to (f)(1), and may very possibly allow the taxpayer in your client's question to achieve what he's trying to achieve, which is why I am so hyper focused on it.Treas Reg Sec 1.469-9(f)(2) prescribes that if a real estate professional elects to group all rental real estate activities, and the pro-rata portion of his/her gross receipts of rental real estate activities held as a limited partner is less than 10% of all gross receipts from all of his/her rental real estate activities, Treas Reg Sec 1.469-9(f)(1) will not apply.
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23 December 2023 | 5 replies
I feel for some anti-STR neighbors that have lived in the neighborhood for sometimes decades, however times do change.
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25 April 2019 | 10 replies
There appears to be a lot of scams out there.
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11 September 2020 | 4 replies
Not only is it very hard to cash flow in CA, the tenant laws are heavily in favor of the renters, and anti-landlord.
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8 February 2022 | 5 replies
Narrow that list down to 3 and research the laws of each location to see if they are pro STR or anti STR.
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23 October 2023 | 1 reply
I also don’t like to feel scammed, especially by someone/something that has slowly gained my trust over the last couple of months.
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22 June 2018 | 63 replies
In Illinois they do, and my attorney advised me I could ask for LOCAL paperwork as the Internet stuff is just a scam to make money.
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29 December 2022 | 92 replies
Martin Edwards (my national guy)-email me for contact info-drawbacks are he is not a licensed broker but a "consultant" as he is a partner with one of his big lenders-also, he charges the investor points rather than the borrower, but can definitely DO THE DEAL and has many other programs like trans funding, extended trans funding, and HML'sPRMG/IKON-I have been told by different people that both these lenders can do it, but I have not been able to find any contact info for IKON to get refered rto a sales rep/mortgage broker and PRMG told me str8 up they cannot do it after checking with underwriters, for "anti flipping" rules.......Everyone please add to this list.
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10 June 2023 | 14 replies
This is not bad or a scam, it's just how they do things.