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I don’t see a clear answer to this on the forums. I keep having bankers say “be careful with reporting losses on your taxes because it could make you unbankable.” What does this mean? How do you make sure that you ...
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Hello BP,So these HOA board members are trying to amend the HOA rules so that the owner of each rented condominium unit needs to pay $50 more per month. I thought HOA fee is supposed to be based on its square footage...
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Am so delighted to find a :groovy: community that I can relate too.
Post Deleted- Need to amend, please accept my apologies
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Hello BP!Newbie here, asking for help.. I am from FL, my spouse and I started an LLC (partnership) and last Sep 2021, and the LLC is 50% for each member. We were able to close on a Townhome last week and of course we...
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What is it called when you ask for a change in the contract when buying a property? I heard it on a podcast once, but can’t seem to find it. It wasn’t called an addendum, but something else. It added time to close ...
Hey everyone! I failed to do my homework on an investment property in Denver. Has anyone in the area had success in getting a residentially zoned Duplex Amended to a Triplex? I tried the ADU route as the lot size fits...
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What are some strategies you are finding to obtain association by-laws and what are you finding the costs to be?My thoughts are: Ask the seller, obtain from the title company or attorney, obtain from the management c...
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I have an investment property and I have never declared the income. I now want to do a 1031 exchange. What do I need to show on the tax returns to make the property 1031 eligible? A certain amount of income over a cer...
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Hi All, I am hoping to extend a current steal balcony to an existing flat (brick) detached garage and build out a roof top deck on it! I was hoping someone out there has potentially gone through the process and can pr...