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1 April 2024 | 1 reply
The tax treatment of your land sales would typically be determined based on when each parcel was sold and whether they were held for investment or business purposes.
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1 April 2024 | 12 replies
Even if you're using a property management company, it'll be more work to run 4 units vs. 2 (more phone calls, more repairs, etc).Ā
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1 April 2024 | 10 replies
That is why I only ask yes or no questions which are the same ones I go over the phone to look for consistency.Ā
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2 April 2024 | 5 replies
The truth is, itās based on a multitude of factors and ultimately comes down to what makes sense to you.
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1 April 2024 | 60 replies
Appreciation is based on the $1M, not the $200K.Ā
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2 April 2024 | 8 replies
And again, this is my market and area of town, but tenants like the character of the older home with the tall base boards, hardwood floors, arched doorways between rooms, etc. Ā
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1 April 2024 | 10 replies
Do you have every potential renter complete this or only select one renter based off the pre-screening process?
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1 April 2024 | 4 replies
In the meantime, offer based on what the tenants are paying now.
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1 April 2024 | 4 replies
I highly recommend lettingĀ the attorney prepareĀ the operatingĀ agrement based on questions they present you rather than have them mark up your version.
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1 April 2024 | 1 reply
Assuming the property value has remained stable or appreciated, when you refinance, the lender will assess the current loan-to-value ratio (LTV) based on a new appraisal.