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4 May 2024 | 19 replies
Yes, today with the high prices and high interest rates it is harder , but still not impossible.
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4 May 2024 | 35 replies
I think this tenant is starting to come across as high maintenance and this was just another thing piled on top of other things.Nearly every day she has asked me to do something.
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3 May 2024 | 23 replies
Very kind of you to offer this tool @Liam Maher.
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3 May 2024 | 3 replies
Remote Real Estate Transactions: With the rise of remote work, what tools and processes have you implemented to facilitate transactions from afar?
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4 May 2024 | 3 replies
It is very high chance that I will be negative cash flow due to increase property insurance and HOA.
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3 May 2024 | 32 replies
Taxes are fairly high so that should be taken into consideration.
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4 May 2024 | 1 reply
I think the price is too high, but it works perfectly and doesn't require much thought.
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2 May 2024 | 20 replies
One idea that I have been pondering is buying a plot of land in a relatively good location with high odds of appreciation then placing a prefab house on top of it.
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.
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4 May 2024 | 8 replies
We highly recommend though, having a local expert that you can run addresses by, to confirm the target property in on a good block before signing a purchase contract.