Kimberly Gamez
I have questions regarding 1031 Exchange
31 January 2021 | 19 replies
The determination of whether an activity is “regularly carried on” is generally a fact and circumstances test and is based on the particular facts of the transaction or set of transactions during the year.
Aubrie Gomez
Certify a home with lead based paint
26 January 2021 | 0 replies
I’m in Arizona and I’m looking into a home that may have lead based paint, built in 1961 but not tested, I’ve heard about getting a home certified for lead/removing it.
David Roe
Out Of State Investing in Dayton Ohio
26 January 2021 | 0 replies
I have 21 years in DOD/USAF, 7 of which was doing Logistic, Test Management, and Program Management of Multi-Million dollar acquisition, product support, and integration/modifications of a vast range of different Programs for the USAF.
Nick Atwood
Why Real Estate Investors Should be Their Own Agents
1 February 2021 | 23 replies
It took me about a week to get my license, start to finish- education, testing, forms, etc.
Nabeel Qureshi
Replace primary residence HVAC now? Or once I have tenants
29 January 2021 | 32 replies
If OP elects de minimis safe harbor ("DMSH"), he's going to have to capitalize as the expenditure is going to be more than $2,500.If OP forgoes the DMSH and instead applies the Betterment, Adaptation, and Restoration tests ("BAR tests") under the tangible property regs, we'd almost certainly have a betterment and/or restoration of the HVAC subsystem on our hands, so we'd also capitalize under this option.OP may be able to use the safe harbor for small taxpayers ("SHST") to expense the costs, however not enough information was given by OP.If SHST is off the table due to limitation, then must capitalize.
Matt Lopez
Duplex deal metrics!
28 January 2021 | 8 replies
Inspection report tests prove it is in fact black mold but bc its in the corner and the connecting wall is finished we cant see if its spread. 2.
Bertha T.
Inherited tenants, no proof of security deposit
29 January 2021 | 9 replies
Depending on what county you are in my answer can change but with the sympathetic press tenants are getting these days and the bad press landlords are getting I would not test my luck in legal cases right now.
Joseph Kelly
Top Thoughts on House Hacking a 4plex in/around NOVA
30 January 2021 | 15 replies
Those are subject to the FHA Self Sufficientcy test which virtually none will meet.
Nathan Gesner
How can you evict tenants without the court system?
27 March 2021 | 74 replies
However now, all tenants are required to apply for assistance, or the landlord can do it for them, but if they don't get it in 14 days, you can evict them (we have not tested that last part).