Paige Kehoe
Back office systems and tools for self property management
3 August 2024 | 10 replies
Create a simple spreadsheet or written list to compare the features of each and identify the ones that align with your requirements.
Maurice Stewart
Creating an LLC (I think I did it wrong) Please Help!
4 August 2024 | 13 replies
I only own one rental.
Alex U.
Real estate professional status
3 August 2024 | 16 replies
Under the IRS rules, a person qualifies as a real estate professional if: (1) more than one-half of the personal services the taxpayer performs in trades or businesses during the tax year are in real property trades or businesses in which the taxpayer materially participates, AND.....(2) hours spent providing personal services in real property trades or businesses in which the taxpayer materially participates total more than 750 during the tax year.Like @Greg Scott and @Russell Brazil mentioned above, I don't believe that you would qualify as a REPS, but if you are going to try it, make sure you document it very well (i.e. with some kind of proof, like time cards, mileage forms, and/or receipts, etc.) so that just in case you do get audited, you at least have something to provide to the IRS agent.
Mikey C.
Buying a house at a foreclosure auction
28 July 2024 | 17 replies
The house on one side is nearly 500k and the house on the other side is about 700k.
Landon Sheveland
First Time investor - Fix and Flip/Vacant Home
2 August 2024 | 9 replies
Finding a good script or preparing one will likely help you with this endeavor.
Hunter Gibson
Pre-Foreclosure/ Foreclosure Experiance
31 July 2024 | 53 replies
One of my friends is interested in a foreclosure, but my MLS only lists pre-foreclosures.
Grant Jordan Ward
Tax Lien Rights
3 August 2024 | 13 replies
There is a big difference and you don't sound like you know which one it is.
Jonathan Baird
Professional Investor in the Louisville area
2 August 2024 | 21 replies
It’s a 3 hour drive one way.
Peter Morgan
Tenant smoking hookah in the apartment
29 July 2024 | 3 replies
Hopefully they decide to stop smoking instead and all is good.
Yamin Tun
How can I rent a house as two separate rental units LEGALLY?
2 August 2024 | 4 replies
One renter is going to get one bathroom for three bedrooms.