Marcus Welson
1031 deadline confirmation by QI/CPA & 1031 CPA recommendations
4 December 2024 | 2 replies
I'm trying to confirm the final replacement property identification deadline because the IRS issued a Disaster Notice that may extend my 45 day deadline.My qualified intermediary says they will not confirm the IRS notice applies or whether the 45 day date they gave me is overridden by the notice.
Elijah Edwards
Newbie to Fix and Flip
15 December 2024 | 4 replies
During your initial walkthrough, inspect the property for any major issues such as structural damage, roofing problems, plumbing, and electrical concerns, while documenting all cosmetic and functional issues with detailed photos and notes.Once you confirm the property’s potential, finalize your ARV and calculate the repair costs using either a reliable estimator or insights from contractors.
Amit B.
Leak from bathroom upstairs, tenant denies overflowing tub
10 December 2024 | 2 replies
Your expert (the plumber) couldn't confirm the cause.
Vito DiIenna
Confirming Legal Status of a Multifamily Home in NYC
13 November 2024 | 7 replies
During Buyer's title search, it was identified that there is no Certificate of Occupancy (CofO) for the home confirming it is a legal 2 family.
Charles Tunnell
Mold and possible arbitration
12 December 2024 | 2 replies
You need to do testing before renovation and after to confirm that all mold remediation was either done by a company if the area is still there.
Connor Williams
Lender to offer low financing for new construction builds?
12 December 2024 | 6 replies
Quote from @Connor Williams: Thanks for the confirmation everyone.
Jacob Kurian
Ceiling Trouble / Bathroom Leak
13 December 2024 | 3 replies
The plumber will likely have to cut open the ceiling to confirm and make repairs, so you can save a little money by learning how to do that yourself, confirm the problem, and then call the plumber for repair, then patch the ceiling yourself.As Jonathan is trying to point out, it's important to expect these things and have funds on hand to deal with them.
Chris Olandese
Tenant threatened to move out
16 December 2024 | 11 replies
Wait until the move-out date and confirm she's gone, then handle turnover like normal.
Arif Gungorur
Lands from Repository List
13 December 2024 | 0 replies
I conducted title searches to confirm there are no liens and double-checked with the county to ensure there are no outstanding debts.
Moshe Greenberg
Heavy metal contamination - remediated
14 December 2024 | 1 reply
Why buy something that is new with active and confirmed contamination underneath it.