Come along with me as we delve into the world of Broward Single Family Homes and Townhomes & Condos, tracing their journey from March 2023 to March 2024.

We keep in a bank account an emergency fund of 3 months' expenses for all rentals.Financials: We currently own a primary and 2 LTR single families.

Otherwise you are in good hands with Account Closed

It’s an alternative, and not necessarily a good one, to capital call or foreclosure.I think that as a community we need to hold all syndicators accountable to outcomes for investors, yes, but also we need to be practical about what the right thing to do is.A few syndications have handed the keys back, for nearly total wipeouts.

The building is fully occupied as of 2024, and has been showing consistently higher gross rental income on the tax return every single year. 

Hey Justin, Section 121 allows you to exclude 250k from gains as single and 500k from gains as married. 

Specifically, I'm in need of referrals for contractors experienced in handling the unique challenges of renovating low-income rental properties, including single-family homes and small apartment buildings.

Personally, I started as a bird dog and then wholesaler in the single-family home business.

We are considering taking out the required cash to make up that total from our savings, brokerage, and 2x TSP loans from our individual accounts.

We are not sure the implications of using an LLC business bank account to receive rental income if the house is still in his name personally.