Sara Habtom
Real estate books for beginners
18 February 2024 | 3 replies
@Sara HabtomJ Scott's book pair about flipping and estimating flips was pretty comprehensive and no upselling.Amanda Han's two books on tax strategies were also pretty good starters.
Tyler Hardy
House vs Condo Beach Rental STR
19 February 2024 | 38 replies
On the other hand, a SFH is generally farther from the water (I'm trying to stay within golf cart distance to the beach), has less amenities than a condo, and higher property taxes, but seems like it would offer more appreciation than a condo.
Dyan Gonzales
1031 Exchange 101
18 February 2024 | 4 replies
Good choice :)Being able to start a journey of deferring that tax will compound for you as long as you keep the new properties or do a 1031 whenever you sell one.
Peyton LaBarbera
What type of creative financing option is better?
18 February 2024 | 2 replies
If you combine them then the courts (and tax courts) deem it a loan and cause a foreclosure action and you to be taxed differently than if it was a lease property.
Braden Jackson
Househack Financing Advice
20 February 2024 | 24 replies
What I mean by this is considering how much your down payment returns to your net worth (appreciation, loan paydown, tax benefits, AND rent avoidance).
Lucy Bennet
lower my capital gains tax by raising my own realtor commissions?
16 February 2024 | 9 replies
If your already in a high tax bracket, then the commission will be taxed at that rate which may be more than the capital gains.
Ray Slack
1099 Rental payments from management company
17 February 2024 | 2 replies
Your software should book a liability for the security deposit showing it was received and is owed.
Sanil Subhash Chandra Bose
Upset Sale Tax law in Montgomery County PA
15 February 2024 | 5 replies
Of course, the property has no lien other than the tax owed to the county by the previous owner.
Patricia Lashley
How do I get this man out of my house quickly and legally?
17 February 2024 | 25 replies
I served a 3-day notice at the beginning of Dec but did not follow up with eviction as I was way too nice and decided to allow him and his 4 very young children to live out the holiday season in the house.I sent him a letter at the beginning of January, telling him I was not renewing the lease because he had not paid rent in forever, owed money and he needed to leave by Jan 31.
Troy P.
Trying to sell home to tenant with no financial history
17 February 2024 | 25 replies
She was told if she doesn't have 2 years of tax returns, then she won't get approved.