Jason Sung
Water leak at a bathroom and insurance claim (Safeco)
15 January 2025 | 6 replies
I know lots of installers don't do it, and I personally prefer the unimpeded look, but anything installed outside of the requirements of the material is probably going to be limited, i.e. the insurance company is not going to pay you because the material was not installed according to flooring requirements.
John Zhang
Is there a dollar limit on how much we can use real estate depreciation to offset W2
30 January 2025 | 4 replies
@John Zhang If your wife qualifies for Real Estate Professional Status (REPS) and materially participates in managing rental properties, there is no limit on the amount of rental losses, including depreciation, that can offset your W-2 income.
Rereloluwa Fatunmbi
Seeking Advice to Improve STR Performance in East Downtown Houston
22 January 2025 | 22 replies
Quote from @V.G Jason: BP agents are gutter material.
Anthony Klemm
New to REI, trying to connect with folks
27 January 2025 | 2 replies
I do have a third goal, but too much will happen by the time my second goal materializes that my third goal will likely change drastically.Also, I tend to find myself wanting to ask market-specific questions to agents/lenders/investors/contractors/etc. a lot.
Kyle Kulhanek
Retitling a property to an LLC - Chicago
23 January 2025 | 7 replies
A knowledgeable attorney can advise here.Create a solid operating agreement: Since you own the condo with a friend, a clear operating agreement is essential to outline responsibilities, decision-making, and profit-sharing for the LLC.To save on costs:Look for real estate attorneys who specialize in investment properties and might offer package deals for the retitling, operating agreement, and filing the LLC.Shop around for title companies that can handle the transfer smoothly and provide competitive rates.Research DIY options for setting up the LLC if your situation is straightforward, though I’d still recommend a lawyer for the transfer process itself.Good luck with the process!
Joshua Tucker
Tax breaks on tribal land
27 January 2025 | 4 replies
Sales Tax Breaks: Construction materials and services may be subject to lower tribal sales taxes—or exempt altogether.4.
Chris Seveney
What is the Best Way to Grow as a Private Lender
13 January 2025 | 15 replies
We not only offered them a better comp package, but we offered them the opportunity to work for people who knew real estate investing as investors, not just as lenders.
John Lasher
How did you get into multifamily?
26 January 2025 | 17 replies
When I first got started I didn't officially join any coaching programs, but I did buy the materials at mobile home university.
Leah Miller
SB9 Urban Lot Split Los Angeles
27 January 2025 | 11 replies
You can pay for expediting for plan reviews and the best way to "expedite" beyond that is to make sure that your engineer / consultants are submitting complete packages each review cycle.
Matt Shepard
8 or 9 Sewer Scopes in one location
4 January 2025 | 1 reply
I’d recommend reaching out to see if any of them can offer a package deal for the sewer scopes you need.