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15 April 2024 | 7 replies
My preference would be to allow the tenants to finish the current lease as they are currently building their own house and have been great, low maintenance tenants thus far.
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15 April 2024 | 4 replies
Prop 19 I believe will allow rebuild without triggering any reassessment of value.
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15 April 2024 | 7 replies
Regarding late rent, as soon as your state law and lease allow, you provide a letter stating that if the rent is not paid in full by X date, you will start eviction proceedings.
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14 April 2024 | 2 replies
This came from my team and I negotiated the subto terms because she was motivated to sell, but had a mortgage higher than my cash price.
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15 April 2024 | 7 replies
This can reduce your taxable income for the year.Carrying Forward Unused Losses: If your total capital losses exceed your total capital gains plus the allowable deduction against other income (currently up to $3,000 for individuals or $6,000 for married couples filing jointly), you can carry forward the unused portion of your capital losses to future tax years.Regarding your question about deferring capital losses into 2023 and using them to offset capital gains in that year, yes, you can typically carry forward unused capital losses from previous years and use them in future years, even if you had capital gains in those previous years.So, if you choose not to use all of your capital losses from 2022 to offset your income in that year, you can carry forward the remaining losses to 2023 and use them to offset capital gains you expect to have in that year.
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15 April 2024 | 2 replies
Giving the tenant a lease also allows you to impress upon the tenant that you handle your business not only by giving them the lease but also how you present yourself.
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11 April 2024 | 3 replies
My question is how do you build a team when you don't have any connections?
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13 April 2024 | 29 replies
Anyway, the PinPoint guy said I will have to talk to my team tomorrow.I have never bought directly from the wholesaler or PinPoint.
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15 April 2024 | 10 replies
Keycheck, Furnished Finder’s software, allows for rent collection via credit card.
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15 April 2024 | 4 replies
Hi @Alyson Gordon I don't know much about Paradiso, but it's in Orange County, which doesn't allow Short term rentals, so not sure of ownership type.