William Kyle Walker
Call notes from discussion with my syndication attorney
15 November 2018 | 7 replies
Many companies file this more often but they are bending the rules.- If we use an RIA (registered investment advisor) it adds a layer of insulation if we were to get sued but it also adds a "mouth to feed".
Shawn Ackerman
How, Where and What investment vehicle did you begin with?? and Y
20 September 2018 | 9 replies
I also love the reactions I get from tenants when I improve their quality of life by remodeling their unit or lowering their rent.
James Schweikert
Bank owned, price subject to change with appraisal?
6 September 2018 | 2 replies
Is this a short sale-same rules apply.
Kevin Crawford
Bay area rent control questions
8 September 2018 | 2 replies
But with the possible repeal of Costa Hawkins then the rules may change yet again and could become even more tenant-friendly.
Account Closed
Running out of time to sell flip property, looking for options
29 December 2018 | 20 replies
With the lack of movement in our area, it's hard to say whether its worth securing the funds to carry the property through the Winter in the hopes of the market improving in our area and us finding a buyer.Josh - Feedback on the renovations we completed has been positive, with the main suggestions being that it should be under $2m, that the ceilings are low on the ground floor (8ft) and some of the guest bedrooms are a small for the price point.
Jonathan Jaime Velarde
Los Angeles Multi-family Lease Rules???
6 September 2018 | 0 replies
I am curious to hear some of your stories on tenants in Los Angeles County when it comes to their lease expiring and whether or not they can stay even if you do not want them to??For example: I have a tenant and their...
Caleb Dryden
Should I put my rental (plan to sell) in an LLC to avoid C-gains?
11 September 2018 | 18 replies
You sell investment real estate and then buy investment real estate paying attention to some rules in the middle and you do not have to pay the tax as long as you own the next property or as long as when you later sell the next property you again do a 1031.
Bruce M.
Will the IRS negotiate
6 September 2018 | 3 replies
A good rule of thumb is whenever a guru says "Quit Claim Deed" think to yourself "that is probably bad advice."
Joe Wood
Reducing taxable income ideas
9 September 2018 | 5 replies
HOA fee - If HOA fees are not paid, business will incur fines, so it is necessary to make the profit in the business.8) Marketing expense and advertising9) Cleaning and maintenance10)Commission (Expenses like commission, abstract fees, recording fees to obtain your mortgage are not deductible but rather capitalized )11) Insurance12)Legal and other professional fees(Tax preparation for business, not personal part)13)Management fee if applicable14) Points- you generally cannot deduct the full amount the first year but have to deduct them over the term of the loan.15) Repairs (Note always do repairs rather than improvements to rental because repairs are deductible right away and do not have to depreciate over few years as done for improvements.
Ross Yeager
Alternatives to waiting for the hold period after BRRRR?
21 September 2018 | 22 replies
as stated above a commercial portfolio lender can play by their rules..