Emily Happick
1031 Property into Commercial (NC)
2 February 2022 | 4 replies
Basically the IRS doesn't even see that the property is in an LLC since it would be reported exactly the same way on our personal taxes.This all changes if you own or plan to own one of the properties with someone other than your spouse.Again, I suggest you speak with your CPA and your 1031 Qualifies Intermediary to get the professionals guidance since they are the one that will be handling your tax paperwork.
Chris Ivy
How to many short term rental when without internet?
2 February 2022 | 8 replies
You would need someone to fill in for you who is capable of handling anything thrown their when you are unable to be reached for a long period of time.
Malik Edwards
Multi-Family with Back Yard
4 February 2022 | 3 replies
How to handle noise complaints and what stipulations should I put in the lease?
Tuli Green
Good market for short term rental can put 40-50k down
1 March 2022 | 29 replies
The contact person must handle any complaints from the renters.It is not that onerous and the licensing procedures are available on line.
Matthew Purvis
Exict or Not to exict that is the question.
10 February 2022 | 4 replies
Use the deposit to handle cleaning and repairs, then refund the remainder.
Allison Morris
Turning Personally Owned Second Home into Business
3 February 2022 | 4 replies
The rental income and expenses would show up on a "schedule E" on your personal tax return.Your CPA should handle this for you.
Javier Santana
Real Estate Brokers, need opinions
10 February 2022 | 4 replies
Hey guys,Real estate brokers, how do you guys handle commission payouts for your agents?
Ryan Sparks
Walsh SFH, 4BD/3BA Flip Project in St. Louis, MO
16 February 2022 | 4 replies
Title company is helping me w/ that activity on this project, but I handled that personally w/ STL County for my last flip in Mehlville.
David Kirk
Refinancing a shared FHA Mortgage in USDA?
3 February 2022 | 2 replies
I can handle the mortgage of roughly $1,500/month on my own (it'll just make my timeline for paying down CC debt a little longer), however I'm worried I won't qualify for anything.