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11 April 2024 | 8 replies
Any advice or responses are much appreciated.On a new build, I’d highly recommend using a gc, too many moving parts (literally) to keep track of, & if you screw something up, it could be a massive disaster.
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10 April 2024 | 6 replies
I have a great contact for you who actually just moved down from New York, has some investments in New York and just purchased his first here in Lakeland.
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11 April 2024 | 15 replies
Even with my team in place (Attorney, CPA, Ins broker, property manager, lender) I was still in at least 10 hours a week.I started moving some of my capital into syndications about 5 years ago.
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10 April 2024 | 3 replies
For example, if you must make repairs after a tenant moves out, you still depreciate the rental property during the time it isn’t available for rent.Vacant rental propertyIf you hold property for rental purposes, you may be able to deduct your ordinary and necessary expenses (including depreciation) for managing, conserving, or maintaining the property while the property is vacant.
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10 April 2024 | 3 replies
Landlord is considering moving back to the house and the PM still said 6months!
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11 April 2024 | 40 replies
Pulling out cash to pay interest is not a wise move unless of course the tenants had paid down the debt which in this case they haven’t.
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10 April 2024 | 15 replies
Hi @Kenneth Bell - my best friend recently moved to Charlotte so I visited for the first time last year.
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11 April 2024 | 7 replies
Share these with potential contractors for a rough quote.Once you've got your estimates and you're ready to move forward, ensure everything's detailed in a contract, covering the scope of work, costs, and timelines.Simplifying these steps can make the renovation planning process a lot more manageable.
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10 April 2024 | 4 replies
my accountant doesn't seem to think its possibleYou can certainly move this money into a self directed ira.
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10 April 2024 | 0 replies
find what you really like & don’t like about a home (30-60 days out)Step4: make offers on homes and negotiate the terms - by this point you should be ready to close and move into your new home in the next 30-60 days.Step5: get your offer accepted!