Chris Martin
UBIT only applies to property held <12 months?
Seems to me, reading the instructions for form 990-T, that UBIT only applies to assets held less than a year. In the instructions for Line 4a—Capital Gain Net Income, the IRS says:
Generally, organizations require...
Ryan Easley
New Tax Strategy - QO Funds - Defer income & tax (even 2017)
I have been closely following the developments around Qualified Opportunity Funds/Zones for the last bit now. Everyone has pretty much been on hold until we get more guidance from the IRS; but, yesterday they updated...
Nick R.
Applying for a mrotgage with multiple brokers. Good idea or bad?
I'm in the process of looking for a primary residence and have heard differing opinions on whether or not you should apply for a mortgage with multiple brokers. Some say it's not good for your credit to have additiona...
Brandon Poe
Finding offmarket deals going door to door
I work in door to door sales. I started in 2009 and have been doing it ever since. Crazy I know, but I'm extremely good at it and love it! Anyway, I come across properties that would be good investments on a daily bas...
Gabriel Miritello
Multi Fam Numbers running questions
Hello,Looking at a 14 unit with room to expand (potentially 7-14 additional units or 30 storage units or a combo of each). However i have a few questions to make sure my numbers make sense.I have spoken with a lender ...
Evan K.
How to notify tenants elevator down for 6 weeks?
We have an apartment building with one elevator that's going to be down for 6 weeks early next year for modernization. Some people will not have any problem with this but there are others that may be elderly or have m...
Bryce Betley
Finding flip deals in decent neighborhoods?
Hey all -
Looking for my next flip. Trying to buy in the 100-150k range, but having trouble finding something that the numbers make sense on.
MLS is too expensive, wholesalers tend to have C/D properties, Craigsli...
Jason Edwards
Buying that first property
I am hoping to get some perspective from other more experienced investors here. There is a rental property that is going into foreclosure that is literally next door to our primary residence. There are tenants in the ...
David Murphy
How long do you save 5% for Vacancies, Capex, & Repairs
I have been using the 4-Square method for analyzing rental properties for a couple of months. My question is at what point in time to you feel that you no longer need to stash 15% per month in savings for repairs for...
Mayer M.
utilizing QBO with multifamily. What’s the best way?
What’s the best way to track income and expense is he using QBO for multi family properties?Do you track expenses on a per unit & common space basis Or do you lump all expenses together?For income, do you lump al...