Danielle Bennett
Analyzing property with rent control
29 May 2021 | 2 replies
These are broad goals that need to be broken down into short term action items.
Cory Lucas
Do I pay my tenant or is that a terrible idea?
5 June 2021 | 15 replies
I’m curious if I should reimburse her as those are items that while I could have taken care of at no charge to me I feel she should be compensated for her labor.
Christian Espana
1031 or hold due to low interest rate( 3.375 / 20 year)?
3 June 2021 | 13 replies
Just some items to think about if you haven't already.Another note, if the tenant isn't still tied to a long term lease, it *could* be more favorable to a buyer and you may end up with a higher sales price.
Christopher Radecke
Seeking recommendations - San Diego building materials suppliers
3 June 2021 | 2 replies
Several discounted stores but I would not waist my time and gas money.Home Depot and Lowes have discounted items all the time that will completely do your job.Ask the Manager on Duty where the discounted items are .Most torn bags of tile cement are 50% off.
Dean Velodota
Taxes and house hacking with income
1 June 2021 | 3 replies
@Dean VelodotaThis arrangement sounds complicated.An LLC is an entity that is meant to hold business assets.A house-hack is normally an asset that is partially business and partially personal.I don't agree 100% that you can write off the expenses towards your side because that would mean you are attempting to deduct items that are personal in nature.Good luck with whatever decision you decide to report it for tax purposes.
Corey Lyons
House Hacking Expensive Markets
3 June 2021 | 41 replies
Here are some items to consider:Reality is with realistic expenses in your market virtually every property is initially cash flow negative.
Keith Thomas
First Off Market Flip
31 May 2021 | 0 replies
Biggest Lesson is watch your carrying cost and hard money fees.
Keith Thomas
First Off Market Flip
31 May 2021 | 1 reply
Biggest Lesson is watch your carrying cost and hard money fees.
Lisa Waldman
Attorney Referral OKC area
3 June 2021 | 7 replies
With the previous owner the agreement states the tenant & PM carries over to the next owner when they sell.
Daniel Han
MF syndication tax benefit and stratergy
18 July 2021 | 16 replies
In fact, I'd rather carry a larger PAL balance for now and harvest those losses later as the general sentiment is for tax rates to go up (i.e., larger cash equivalent on the losses).