Olga Daisel
Tax question on depriciation of new construction
26 March 2024 | 6 replies
The IRS has provided a safe harbor for certain structural modifications to a building that are not treated as a demolition and thus, not properly chargeable to the capital account with respect to the land on which the building is located.
Mark Vella
Section 8/HUD rents higher than market-rents
26 March 2024 | 7 replies
DO NOT use HUD's maximum rent allowance as a metric for determining your own market rent.Moreover, when a section 8 tenant applies for rental assistance, the housing provider will essentially underwrite their application to determine their voucher amount.
Lacy Hendricks
3 Organizations Pushing Junk Fee Bans & Transparency
25 March 2024 | 3 replies
There's a lot of movement by a handful of Federal regulating bodies that are pushing to provide honesty and transparency up front for consumers.
Jonathan Leung
New investor with 15+ years marketing background looking to barter for mentor
25 March 2024 | 3 replies
Can provide my LinkedIn as proof.
Matthew Dekker
Trying to find a successful rental strategy
26 March 2024 | 13 replies
I will definitely be checking out the website.
Robert Calabro
Mid-term rental deposit, application fee, & rent collection
25 March 2024 | 23 replies
Depends on where you are getting your prospects.If from Airbnb, VRBO, etc. then they won't be expecting either.If you are getting them from your own advertising, then put your requirements in your ads and definitely have on your website.
Roman Martinez
LLC and getting funding
26 March 2024 | 3 replies
Hello Everyone,First of all I would like to thank everyone on Bigger Pockets for providing such a great platform for rookies.
Laura Berkobin
Investment Property - Deal Structure with Family
26 March 2024 | 2 replies
It does not give you the protection of a properly formed LLC, but it does provide a bit of anonymity and can spell out the division of income to the beneficiaries in the trust docs.There should be no transfer tax involved with the trust, and it will not trigger any due-on-sale clause thanks to Garn-St Germain.BTW, if you do use a trust, only record the Deed into Trust, but NOT the entire trust declaration.
Paul Novak
Expand Or Payoff
27 March 2024 | 12 replies
If we did a deal using the numbers provided above we could cashflow around that $500 per month.
Chandler Williams
What can you do with $10,000?
26 March 2024 | 25 replies
I found an amazing opportunity for a house hack and found a co-investor to provide the rest of the down payment and cosign on the loan.