Nathan Smith
Iowa late fees property management
Hello everyone,Quick question about late fees with Iowa law. The law states that if the rent is less than $700/month, then late fees can not exceed $12/day up to $60/month. Here is the exact wording: “For rental agree...
Nicole S.
Architect taking me on a ride?
Good evening BPersI'm tearing down and building a single family home in Seattle. Our architect gave us a not to exceed quote of $6,500 and to date we've gone beyond that. Being that I've never been through this proces...
Vaishal Patel
How can i show "Material participation" to claim passive losses?
So i was researching about passive losses and i found out that i cant claim passive losses if i dont materially participate in the property or (if i am not a real estate professional). How can you show material partic...
Matt Lopez
What happens to rents in market crash/correction ?
Hey guys, I can see a lot of mixed feelings on a possible housing crash/correction. I bought a cash flowing duplex last year for 220k its now valued at 325k and ive had 2 cash offers for 350 because potential rents of...
Silvia Funez
I need help figuring out what type of loan to use
Please help ! I am looking to purchase a property in Puerto Rico. Its a fixer upper who was abandoned about a decade ago . It has a big lot and is close to the coast . We are in the process of negotiating the price . ...
Jason Pham
California residents investing out of state, LLC, DST, etc?
Hello fellow investors. I am a California resident investing in Charlotte NC. I have a several SFRs and in the early stages working with a GC to build some new homes in the near future.I've been operating my business ...
Jerry Gee
Purchasing second and preparing for the third property.
I'm getting ready to purchase my second investment property. I have equity from my first property, should I take out the equity to purchase the third property or just pay off the PMI from the first property. Personall...
Brad Babiak
Landlord Controlled Thermostat Recommendations
I own a 4 unit building (single family home converted to 4 separate units) by the University of Cincinnati which is rented to students. The utilities are not separately metered and I do not live in the building. My ...
Alex Tang
Suing an ex tenant in small claims court
Hello,i am an out of state landlord with a 3bd 2ba SFH outside of Atlanta and am looking for some advice in whether to take an ex-tenant to small claims court. This person and his partner broke the lease early as the...
Eric Richison
Non-qualified use tax on primary residence
Hi all,I'm looking into the tax implication of selling my current primary residence, which I used as a rental during a 4 year stint my employer sent me abroad. I'm interested to learn if there is any exceptions to th...