4 May 2024 | 3 replies
Unsuccessful Property Search: Hours spent on unsuccessful property searches, where no purchase is made, do not qualify.On-Call Periods: Instances where you are on-call but do not actively perform work do not count towards material participation.Meeting Requirements:Maintain Detailed Records: Keep accurate time logs and records documenting your involvement in material participation activities, supported by evidence such as emails and calendar appointments.Seek Professional Guidance: Collaborate with a qualified tax professional to ensure compliance with IRS regulations and to optimize your material participation strategy.I hope this high-level overview gives you insight into what activities matter and ones that do not.

3 May 2024 | 12 replies
I have a free and clear, rented property I intend to keep for now, but want to get a loan to pay off another property's loan to 1031 it with no mortgage balance.

5 May 2024 | 19 replies
And if you don't know what you're doing, it is easy to keep sending money down the drain without getting leads.

4 May 2024 | 3 replies
Zoning laws typically want to keep single family neighborhoods as single family neighborhoods.

1 May 2024 | 8 replies
Would it be ok to refinance a vehicle that i cosigned on for a family member.

4 May 2024 | 4 replies
I have a contract for deed right now where I am getting fined on a daily basis because borrower has junk in the yard and I keep getting fined because I am on title but I have no way of cleaning it up as I cannotNow say I own other assets in that county I will.

2 May 2024 | 12 replies
there is no right of redemption in CA.. there is a vehicle to challenge the sale in court.. and the only way to upset the sale is to prove that the tax collector did not do their public notifications within the statute IE 21 day notice in a local paper..

4 May 2024 | 10 replies
So here are some facts;We own two stilt houses (4bed/4 bath) in ocean lakes.wr average between 135-160k in the two combined.The amenities are ALL allowed to be used by any guest(s) that stays in our homes.Ocean lakes is a resort and campground - it is secure in it's ability to keep its str usage and zoning due to same.you dont own the land.

3 May 2024 | 12 replies
It is really important for us to keep the units booked to cover the monthly overhead (higher monthly rates to cover the 4th unit not being rented).