Anjali L.
SSN for tenant
4 January 2025 | 6 replies
Social security number is definitely not required for non-payment for eviction in NJ.
Marina Wong
711 Rescue - does it help LP in case of imminent foreclosure
21 January 2025 | 19 replies
Again, knowing nothing about this particular company, my bet is that type of company will require money up front just to consider whether they can help you out.
Tim Hem
Capital Gains and IRS Publication 523
9 January 2025 | 9 replies
If yu claim one it doesn't void the option to claim the other one.Provided you meet the IRS requirements for both, as a tax strategy, you could complete exclude a portion of capital gains under Section 121 and then defer the remaining capital gains under Section 1031 (@Dave Foster is a great resource for 1031 exchange). ..
Brian Dolbeare
Considering a Small Multifamily in Pittsburgh – Concerns About Street Parking
15 January 2025 | 5 replies
NYC apartments will have a different car requirement from Orlando, but he used that methodology in this specific small city and was an investor from the 1980s-2000s, so a lot has changed, but I believe there is still some truth to it.
Zach Howard
LLC - many questions, please help!
12 January 2025 | 2 replies
.- If you decide to have an LLC for each property, creating a Management LLC that all the other LLCs "hire" to run their books, will allow you to only require a bank accont for the Management LLC.2) You may not be able to do a Trust.
Kevin M.
Condo Investment in NYC
7 January 2025 | 12 replies
Multi-family properties many times provide a better return per square foot than single family, which would be to your advantage as well.As long as you're mindful of the reinvestment requirements and purchase at least as much as you sold and use all of the proceeds, you shouldn't have any issues with this strategy.
Alice Fairbairn
Maximizing ROI: 3 Key Features to Focus on in Short-Term Rental Properties
14 January 2025 | 9 replies
3️⃣ Local Regulations: Before you invest in a short-term rental, it's essential to understand the local rules and licensing requirements.
Treza Edwards
New Construction Rental Property
13 January 2025 | 6 replies
What you spent on the land/lots can go towards your down payment and, if you've owned the land for more than 6 months, you can use the value of the property toward the cash injection requirement.
Denise Lang
Starting our investing journey. But how to that that out of my home state?
2 January 2025 | 36 replies
Detroit has one the highest rent to price ratios in the country…and we focus on the best balance of price/location within the area.Here is a picture of my portfolio if you/anyone is curious.
Celine Besson
Managing a renovation from afar
14 January 2025 | 6 replies
- You or the PMC can get 3 bids, but who is going to know how to accurately compare them and understand if something is missing - that will require more work+charges once the project has started (a standard tactic by many contractors!)?