I am currently an assistant office manager at a car dealership in Colorado Springs, CO and I am interested in getting into the real estate field. I am very good at accounting and I am looking for suggestions on some r...
I am contemplating to buy rental properties with Roth IRA. But when I consider all the tax benefits with traditional acquisitions VS no tax write offs, regulations and rules from Roth hold properties, I am not sure wh...
Hi all,I think I got some advice on tracking expenses and such when I started out, such as "never pay in cash, always write a check" etc. I was hoping to get some better defined guidance from the community.1) For the...
Supper excited to announce, that I just closed on my first piece of investment property. Two Bedroom, Two Baths, Detached One Car Garage, all for 9K. I think its a pretty good deal. Ready to Rent and looking for my next!
Hello,I have read the requirements to qualify for material participation on an STR, but I only see info on hours/ work preformed. Are there stipulations on having a full time job, or a threshold of how much income you...
Hi, I’m in the process of selling my first flip and it’s been one thing after another with the buyers lender. The buyer has an FHA loan and I’m curious to know is there a difference in between FHA vs Conventional loan...
I recently purchased a home where the seller disclosed that there was a underground heating oil tank that had been decommissioned - standard question on OR state disclosure form. They then went to state "no contamina...
I am doing some due diligence on a deal to buy a SFR in U-RH-3 zoning in Denver. This allows for an auxiliary structure (so potential to turn the detached garage into a carriage house... permitting dependent). At th...
I have a tenant that is on a payment plan. The PM has told me a few time they have paid and are on track. I find out today that they are more than 2 months behind now. I know I need to fire the PM, but I'm not sure...
Are contractors obligated to provide cost breakdown, or what info we can request from contractors in order to see if their charges are reasonable? Thank you and any input is much appreciated!