Christopher Smith
Roof Betterment, Restoration or Expense
Sorry this is a long one:Contemplating doing a new simple Shingle overlay on a rental property roof. In other words, not doing a tear off of the old Shingles just laying a new layer over the old. I have a guy who has ...
Gamal Harding
Property Management is Much More than Collecting Rent…
Building Strong Relationships: The Key to Property Management Success
In property management, success isn’t just about managing properties—it’s about managing relationships. At the heart of effective property manag...
Jorge Garcia
HUD Trying to Eliminate Seller Financiang
Has anyone heard about HUD trying to eliminate seller financing on non-owner occupied homes?
It has something to do with their interpretation of the SAFE Mortgage Licensing Act.
They apparently want to eliminate ALL...
Sean Iannucci
Possible SAFE compliant "RTO" plan
The law allows us to do straight leases then give homes away to anyone who lasts more than X months. The problems with this method come from the fact that we want tenants to know upfront that they are working towar...
Jeff Takle
Why are taxes so ridiculously difficult?
Just a very short rant here, but I can't help myself. Just finished my taxes and it came to 136 printed pages! That is absolutely NO exaggeration. That's a book. Uncle Sam is requiring his citizens to write a book f...
Kevin Reid
Contract termination due to medical issues
So long story short I have a friend in Florida that is selling his house. They signed the contract for it 4 days ago, but yesterday his wife was put on bed rest for the next few months. So they will not be able to mov...
Zehua Zhou
How to handle the tax forms from the property manager and the bank?
I just set up my solo 401k under uDirectIRA, and the LLC that will be 100% owned by the 401k, and ready to buy real estate using the LLC.
My question is regarding taxation. Should I give my LLC's EIN number or my 40...
Emre Dura
Need legal advice for LLC opening as a non-US citizen/resident
I'm a new (foreign) investor and just bought a new property in Detroit with cash as a first move. Looking forward to legal advice for LLC opening. any referrals who have experience with international investors? Thx
Shari Posey
Fair Tax?? Seems like now would be a good time to try it.
I just finished reading The Fair Tax Book by Neal Boortz. It seems too good to be true but let's say it is accurate, it seems like now would be a fantastic time to force the issue when we've got such a gigantic defici...
Collin Hays
Impact of Biden tax plan on STR investing?
With a Biden Presidency, taxes on on everyone making $400K a year are going up. There is speculation that the "only" 20 percent capital gains tax will go up, and in fact, for folks making $400K a year, capital gains ...