Jenni Utz
The Importance of Property Management in Real Estate Investing
28 October 2024 | 7 replies
Property management involves overseeing and maintaining rental properties on behalf of the property owner.
Carolyn McBride
STR Tax Loophole/Strategy So Close to the End of the Year?
29 October 2024 | 9 replies
You could also qualify if you spend more time on the property than anyone else involved, regardless of hitting 100 hours.Ex. managing contractors, handling bookings, setting up the property, or dealing with guest communications, you might meet the material participation requirement without needing to track 100 hours.The key is to document everything.
Matthew Nelson
Prop manager adjusting ledger 18 months later
26 October 2024 | 4 replies
Without a VERY good and valid reason, it may be fraud.You may want to get an attorney involved and/or the appropriate state board.
Yixiong Pan
Is it possible to do rehab remotely?
25 October 2024 | 14 replies
my property manager asks 10% of total rehab cost, her team will look through the project end to end, without much of my involvement.
Heather Luu
Contractor Issue- Need Advice How To Move Forward
31 October 2024 | 17 replies
@Heather Luu the first thing that comes to mind is if that check was from the insurance company or insurance company funds, it might be time to get them involved.
Greg Johnson
Should I Hire An Attorney For Debt Settlement?
25 October 2024 | 4 replies
It took a while, and there were some fees involved, but it was totally manageable compared to what I would’ve paid with an attorney.
Becca F.
Do PALs from RE offset capital gains from stock dividends and another question
29 October 2024 | 12 replies
Nonpassive income: Real Estate Professionals, STRs and K1s from businesses where you have hands-on involvement aka material participation.Each group has its own rules, and generally they cannot offset one another.
Danilo Grullon
architectural plans for new construction
28 October 2024 | 15 replies
For a single family home the size and scope you're describing, I wouldn't involve an architect unless you're looking for end-to-end project management.
Zachary Hadjah
Any investors using Lease options/Rent to own agreements?
26 October 2024 | 4 replies
This sale usually involves a monthly payment, which is on top of the rent.
Pretty Khare
STR tax loophole with a 2nd home loan
1 November 2024 | 22 replies
You materially participate in an activity if you're involved in the operation of the activity on a regular, continuous, and substantial basis.