Ian Cruz
Using 1031 Exchange Funds to add an ADU to a property
26 January 2025 | 2 replies
I noticed the market was shifting, so didn't run to get under contract until day 43 of the identification period.
Unal Baris Kancoglu
HVAC is red-tagged.
15 January 2025 | 11 replies
I contacted as many companies as possible to get a quote to compare prices for new gas furnaces. I am looking for pricing information from the BP community on how much should I expect to pay for replacement and instal...
Braeden Warg
What to pull permits on
27 January 2025 | 8 replies
I have never pulled a permit for a water heater swap, know no one that has ever pulled a permit for a water heater swap, ever seen or heard about one getting red tagged for no permit, and have never had a plumber recommend getting a permit.
Chris Summons
Contracts for Sub Contractors to Sign
14 January 2025 | 4 replies
Here’s a breakdown of the key elements you should include in your subcontractor agreement:Subcontractor’s Information:Full legal name of the subcontractor or company.Contact details (address, phone, email, etc.).Project Information:Internal Project ID or Purchase Order Number (if applicable).Project address.Clear identification of the specific scope they’re responsible for (e.g., electrical, plumbing).Project Timeline:Start Date: For the portion of work they are completing.Completion Date: Set realistic deadlines for their tasks, adjusted to your overall project schedule.Liquidated Damages:Specify a daily amount to be deducted from their final payment if they fail to meet deadlines (with exceptions for factors beyond their control, like severe weather).
Karl Kauper
1031 Exchange Deadlines
24 January 2025 | 10 replies
Plus you can also use earnest money and even non-refundable earnest money if you want to buy you more identification time.3.
Victor Yang
if i gift a house, is the cost basis what i purchased it for or the FMV?
24 January 2025 | 8 replies
I think the IRS might tag this as fraud.Talk to you Title Company.
Sean O'Keefe
BOI Report deadline and the enforcement of penalties are back as of 12/31/2024
1 January 2025 | 5 replies
For those that have yet to do this, it takes less than 10 minutes if you are a single member llc - just make sure to have a copy of some sort of identification. we did all of ours .. and our attorney contacted us as well and let us know to get them done or he would do them for us.
Evan Ryan
1639 S Robberson
14 January 2025 | 3 replies
Tagging @Evan Ryan but appreciate the thought @Jaycee Greene!
Leah Miller
SB9 Urban Lot Split Los Angeles
27 January 2025 | 11 replies
Tagged as a developer, surely, you'd want there to be more development projects.
Ruchika Dias
What are some good real estate groups/meetups in Houston?
27 January 2025 | 12 replies
There's also on posted on the Events Forum under Space City REI - I'll try to tag you!