Steve T.
Seeking Advice: Investment in Warm Locations with High Rental Potential
22 April 2024 | 8 replies
I live in Southwestern Connecticut, and am looking for places that are not only ideal for escaping the winter months but also have strong potential for rental income/future resale value of the property.
Junaid Javaid
Travelling to Houston to network with Investors, developers, lenders, etc.
24 April 2024 | 3 replies
Let's discuss potential synergies and how we can forge mutually beneficial relationships for the long term.
Jesus A Macias
Recommendation for CPA
24 April 2024 | 5 replies
The difference between CPAs and EAs is addressed here (scroll down to my long comment on that old thread): https://www.biggerpockets.com/forums/51-tax-legal-issues-con...As to finding competent tax accountants, there are 20+ of us right here on this forum.
Kev Li
IRA's Real Estate Professional Designation
24 April 2024 | 4 replies
May I please get some confirmation from a real estate attorney on whether my full-time job qualifies under the IRA's legal definition of "real property trades".
Seona Joung
New to real estate / houston market
25 April 2024 | 4 replies
Houston in particular be vary wary of flood zones and any potential historical water damage from the frequent flooding / hurricanes of just a few years ago.
Jacob Anstaett
Central Ohio PM Recommendation
25 April 2024 | 8 replies
EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!
Xuan Ni
Can Partnership LLC deduct 1098 Mortgage interest if borrowers are partners not LLC
23 April 2024 | 3 replies
If you're doing it for legal protection, then you created an LLC not to manage the STR but to own it.
Karl Kauper
CMHA “Payment Standard”
24 April 2024 | 5 replies
I’m thinking in terms of potential buyers passing on a property because they don’t want to deal with CMHA-related headaches?
Jacob D.
Deciding on short term vs long term rental
25 April 2024 | 6 replies
. - Downtown location, near restaurants and a 3 min walk to train station- Only 2 off street parking spots, street is permit parking only but there is free parking down the street- Units have just been completely renovated- The city does not have any ordinances against short term rentalsThe biggest hurdles for me are: we're about to go into a slump/down season; potential parking issues; and if one of the other units were rented long term - dealing with the hassles related to that.
Shawn Parsh
How do you decide to STR or LTR a Property?
24 April 2024 | 27 replies
On the other hand, STRs present higher income potential, flexibility in pricing, and potential tax advantages, but require active management, adherence to regulations, and may entail unpredictable income.