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14 May 2024 | 10 replies
If you truly want professional advise to confirm what the other forum is telling you, or to assist with your own research, I would suggest paying for a consultation with a CPA rather than relying on that of a free/public forum.
14 May 2024 | 7 replies
The goal is to reduce living expenses while paying down some of your mortgage liability and learning how to be a landlord. 2.
14 May 2024 | 15 replies
I sent them a certified letter that basically was the pay or quit form.
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13 May 2024 | 9 replies
Need advice from investors who have done 6 months buyout of loan partnersScenarioInvest 50 k, loan partner invests 50 k , buy using DSCR in a LLC for STRAgreement using attorney is, pay 60 k to loan partner after 6 months and then LLC has only one member which is me and I control that propertyAnyone done this or a variance of this?
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13 May 2024 | 1 reply
Contractor is not paying enough time on our JV project, working on many other projects?
13 May 2024 | 6 replies
This combined with 1031 means I can sell and never pay the gains deferred in the 1031.- you or your spouse can qualify as RE professional and the limits the OP discussed do not apply- you can use the “STR loophole” (terrible name) to not have the limits the OP Discussed apply - a derivative of the STR loophole that for lack of better name I will call the MTR loophole will let you provide amenities to not have the limit the OP discussed apply.I suspect there are many more.
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15 May 2024 | 16 replies
As a Spark investor, you are effectively paying double fees (Rise48's and Spark's) and then the cash flow coming from Rise48 is stripping 30% off for their carry, and of the remaining, Spark is stripping another 20% for their carry.
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14 May 2024 | 12 replies
I am house hacking paying about 500 to cover mortgage.
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13 May 2024 | 11 replies
Pay attention to sales price and local sales stay away from new construction or anything recently remodeled.
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14 May 2024 | 7 replies
That is not to say that they will not pay a claim or will be dishonest.