John Hua
Section 121 question
17 June 2024 | 5 replies
But… if the renting out rooms doesn't qualify as your primary and you wait until year 2 to start renting out rooms you’ll be forced to sell before year 5 or you’ll be back to zero tax free again.
Leeling Chew
How to set Rent for rent by rooms for furnished house.
17 June 2024 | 5 replies
Some of the best tenants I started on a month to month and then transitioned them to year leases.
James Martin
AI Phone Technology
17 June 2024 | 18 replies
I think the companies are gonna start to crackdown on this pretty soon, all of the vendors require you to certify that you're not using the platform for cold calling.2) It works best for inbound leads, inbound calls and calling old leads to rekindle them.
Shane Petersen
Can I sell my STR for more than market value if I have established revenue?
17 June 2024 | 16 replies
When these homes get listed, we get photos and the 'dream of owning your own vacation home' So we have to start with price & location..if those both meet the criteria, then we hone in on weather we want one that has not been taken care of and likely not generating enough income to cover expenses or one that is fully themed and likely will continue to do well if all else stays the same.
Hayden Charles Langenburg
Getting beat by cash offers
13 June 2024 | 6 replies
Cash offers with low to no contingencies are typically going to be more appealing to sellers since there are less "hoops" to jump through compared to traditional financing.
Lane Mcdonald
Roth IRA or all in on Real estate?
16 June 2024 | 7 replies
This got us in the game with very little of our $ to get started.
Alessa LeSar
I'm ready to strategize!
16 June 2024 | 27 replies
. $20k isn't enough to get started, but it's some real progress.
Catherine Ding
Turning over a rental unit with a smoker
18 June 2024 | 18 replies
I would start by removing carpet and cleaning what you can, paint and then ozone as long as it takes.Ozone is cheap, but with fresh paint and new carpet it might ad up to $10k.
Daniel Lambert
Loan Qualification on second mortgage
16 June 2024 | 4 replies
Hi Daniel, Would you be utilizing one of the units in the duplex as a primary residence or do you plan on renting both units from the start?