Paul V.
1031 Into Passive Investment Through TIC?
1 November 2024 | 5 replies
Typically: Pros: - Fully passive- Equity growth (hopefully) - Smooth process Cons: - No control- When they liquidate, you liquidate and need to 1031 again (usually they have other funds set up, however) - Make sure debt is rolled over correctly Hope this is helpful!
Greg O'Brien
Clearing Up Confusion on Tax Treatment of Short Term Rentals
1 November 2024 | 48 replies
@Nancy Bachety correct, you can recreate… some tax court cases shun this but if you use a reasonable method its OK.
William HooFatt
Evicting Tenant in Alexandria VA - Should I get an attorney?
5 November 2024 | 22 replies
They called me back and told me they had corrected the error and would serve another notice to the Tenant within 72 hours of the eviction (Sat morning) and it would sstill go thru at the assigned date of Tuesday.Tuesday morning 30 minutes before the eviction, I was driving to the unit as the Sheriff had instructed me to bring a locksmith the break the lock - in case the tenant had changed them, then change the lock as soon as the Deputies had cleared the unit of people.
Beruk Lessanework
New Member Intro
1 November 2024 | 8 replies
Asking in the correct forum will get a better response.Need a spreadsheet or form?
Jazmin Winsor
Purchased first home, house hacked and needing tax advice
31 October 2024 | 4 replies
Doing things correctly on your own is difficult in your situation.
Chander Sri
Big setback on first purchase. Seeking ideas to get back up and continue investing
30 October 2024 | 15 replies
So here it goes....I bought first single family home (2000sqft) 2 yrs ago in Cedar Park, TX area during peak of market craze at 5% 30yr fixed for around $540k (spent about 10K more replacing hvac etc) with monthly payment of $3600-$4000 and the market corrected sharply to a point comparable homes are not selling even for 440k with a nice pool in them.
Carlos Lez
Tenant keeps harping about mold
23 October 2024 | 11 replies
Ofcourse I cannot assure a sterile environment.
Craig Desnoyers
Color suggestions for LVP to go with Navajo White walls
1 November 2024 | 8 replies
I'm leaning towards a darker wood, I believe you're correct on grey flooring not withstanding time and is a recent fad that will go away.
Daren H.
Price Per Pier for Foundation Repair in Dallas-Fort Worth
1 November 2024 | 19 replies
correction, i meant to say 135, not 145.
Erica Wilson
How Do I Create An LLC And Should I Hire Someone To Help Me?
31 October 2024 | 5 replies
@Erica Wilson challenges with LLCs:1) Setting it up correctly.