Zach Lincoln
Investing Retained Earnings
29 March 2020 | 17 replies
If the rental real estate activity has an average period of customer use of 7 days or less, or an average period of customer use of 30 days or less with substantial hotel like services provided, it is not a rental real estate activity under IRC Sec 469 and one can bypass the per se presumption and apply any of the material participation tests you previously cited for a passive/nonpassive determination.
Billy Madden
Starting Out Best Use of Time
16 March 2020 | 3 replies
Start looking at deals any way you can they are everywhere, scout prospective properties and gather the info you need when time permits.
Chris Berry
Home advisor worth it?
2 April 2020 | 1 reply
I'm currently using it to just put up a handrail for a rental permit inspection.
Rhett Stephen Lowe
Should I build? or Buy?
14 September 2020 | 3 replies
Save the custom build until you're older and have lived in a few places.Look for a MFR (I think 3- or 4-unit properties are way better than duplexes), live there a few years, and then turn it into a pure investment property.
Jason Harbison
Flipped my first house. Ready to sell and buy another
16 March 2020 | 3 replies
Well you need a source of deals, and a sheriff’s auction could work, I’ve seen a number of my customers be successful at that in NC.
Nick Naik
New S Corp tax filing state(Georgia) and federal requirements
12 March 2020 | 2 replies
And that may be a big assumption depending on the type of work the S Corp does and where your customers/clients are located.
Julio Ramon Barcelo jr
Property can’t be appraised
11 March 2020 | 6 replies
Amusement, outdoor (east of the Intracoastal Waterway only).Day Care Facilities.Any Use that is customarily associated with the Main Permitted Use or Special Exception.
Andrea Cole
How are you handling Coronavirus cancellations?
17 March 2020 | 132 replies
Guests are my homeowners’ customers.
Luis Joseph Hernandez
Savings accounts checking accounts
11 March 2020 | 3 replies
It may pay to keep them with one financial institution, as some banks provide lower interest rates on loans or reduce fees for customers with multiple accounts.
Rochelle Duong
Newbie interested in out-of-state Investing
31 March 2020 | 55 replies
If I was in that type of situation however, I would probably need to find a way to obtain a W2 job that can provide an income to help fund my real estate investing but I would need to get creative with the types of jobs and know that these jobs are a temporary discomfort (food service jobs, customer service, in home-supportive services for developmentally disabled).