
18 March 2024 | 1 reply
Divided Opinions: Academic economists polled by the Financial Times believe the Fed will likely maintain high interest rates for longer than anticipated, potentially hindering rate cuts this year.

21 March 2024 | 8 replies
I don't want to change our software for accounting / management because I have another LLC that requires quickbooks.

21 March 2024 | 7 replies
Meanwhile, South Metro Atlanta is seeing a surge in interest due to affordability and transportation access, though it may come with higher vacancy rates or require more research.Regardless of location, thorough research is crucial.

19 March 2024 | 0 replies
For those who have flipped houses in multiple cities across Texas or Florida, which ones stand out as being on either end of the spectrum in terms of how difficult and time-consuming the permitting process is? Are the...
20 March 2024 | 8 replies
I don't see that there should be any disclosure requirements for someone who isn't licensed since the rules for that are specific to licensees.

21 March 2024 | 6 replies
(I am not required to pay tenants the interest on security deposits).

22 March 2024 | 9 replies
A lot of clients set up rental properties with DSCR loans which requires less paperwork.

21 March 2024 | 4 replies
I contacted a title company to officially record the sale, but they are requiring 3 separate closings (and tons of extra fees) because there will be 3 liens/private mortgages recorded (one is the original mortgage that I want to reassign since the interest rate was very low; the second will be held by my son to my daughter for his portion of the equity in the home; and the third is the difference which will be between my daughter and my other LLC).

20 March 2024 | 2 replies
I own 1 profitable rental property and I am retired, keep separate records on my rental property.According to IRS guidance it states: "If an interest in real estate fails to satisfy all the requirements of the safe harbor, it may still be treated as a trade or business for purposes of the section 199A deduction if it otherwise meets the definition of a trade or business in the section 199A regulations."

20 March 2024 | 9 replies
Conventional lenders will require 12 months on a cash out refinance while DSCR lenders do not have a seasoning requirement.