Matthew T.
Limiting Tax liability as a flipping company
25 January 2018 | 5 replies
Taxpayers who can show that the time they devote to real estate activities is insubstantial compared to the time devoted to their normal occupation may be able to preserve capital gain treatment for the property they hold, despite some frequency in sales.
Daniel Mills
Confused about my living trust
5 February 2018 | 20 replies
Not sure any of these are relevant, but potential reasons could include: triggering a "due on sale" clause under the financing; tax treatment of income received by the trust; administrative complications if the trust (as owner) would technically need to be party to your PM agreements, insurance policies, etc.
Pedro Salamanca
Properly setting up a holding and operating LLC
17 February 2018 | 6 replies
@Pedro SalamancaYes. the type of investments make a big difference.Tax treatment for buy and hold is different than if you are doing flips.
Shiloh Lundahl
Newbies: Eager to learn or Entitled?
23 March 2017 | 106 replies
It looks like a Win-Win-Win to me, as long as it is executed ethically and right.
Mike Hernandez
Starting a Partnership? Do you have standards?
27 April 2014 | 7 replies
Yes, I want them to have similar ethics as I do.
Jane Istre
Galveston/Crystal Beach Texas vacation rental investing
20 July 2019 | 51 replies
Back before Airbnb my mom went there for cancer treatments.
Ashly B.
Inspection yesterday found cockroaches - advice?
26 May 2015 | 10 replies
We've already submitted an inspection addendum that asks him to cover the cost to treat the unit they were found and requiring a pest inspection of the other 3 units, and treatment if needed.
Karen Margrave
Senior living - College Students - Sober Living- Do you own such properties?
14 August 2016 | 8 replies
I'm connected with someone at a local substance abuse treatment center that does all the placement of tenants.
Jonathan Byrd
Need a HUGE assist BP(Please Advise)
11 October 2016 | 4 replies
Even if the brokers work for the same company anyone but the listing agent can help you as a Designated Dual Agent (all brokers in the same firm technically work for the seller until all parties involved sign a Designated Dual Agency agreement at which point the broker working for the buyer has a 100% fiduciary and ethical responsibility to the buyer )I am certain I probably made it sound very confusing but it can be involved, it is also the #1 reason a broker will be sued for malpractice simply because they either ignored it and got greedy or didn't truly understand the simple complexity of it.In a nutshell:All brokers in the MLS work for the seller UNTIL an agency agreement is in place to protect the buyer.
Imran Raz
Roots in Sewer line - Estimated cost over 10k
30 August 2017 | 9 replies
It is used in septic systems to help treat root issues in the septic fields.Thank you, I've ordered Zep root killer from home depot and will start treatment ASAP.