Jake Boyer
Brittny Kenaley
Konstantin Ginzburg
Kenneth LaVoie
1031 exchange questions
11 February 2022 | 8 replies
this simply says that the IRS will not challenge your investment intent in which you rent the property for at least 2 weeks a year in multiple years and your personal use is restricted to the the greater of 2 weeks a year, or 10% of the number of days it is actually rented, And this doesn't count days you stay in the property while you are working on it.There is no statutory required amount of use or residency.
Christopher Huber
David Groemping
Drain Line Clogging and Water - Who is Responsible?
8 January 2022 | 4 replies
Proving they clogged the drain will be challenging unless your plumber has clear evidence (e.g. pulled wet wipes out of the line). as for their damage, if you require them to have renters insurance that should be available to cover the damage. lastly, code is something that is different from one municipality to another and may things can be not up to code but grandfathered in (e.g. aluminum wiring that was common in the 60s and now is not up to code)
Sachin Amin
I hit plateau in REI - how to scale up?
24 January 2022 | 44 replies
Is the challenge with scale that it's hard to keep tabs on everything?
Matthew Amabile
Property #5 - $65k purchase price, immediate $140k appraisal
8 January 2022 | 0 replies
Challenges?
Matthew Amabile
First Property - 4 unit full gut $2400 cashflow MONSTER!
8 January 2022 | 0 replies
Challenges?
Darius K. Allison