Bob Willis
LLC whose only member is my SDIRA buying a property Subject-to - triggering UBIT
Hey All,I have reached to my accountant about this but thought I would ask here to see if anyone has done something similar.An LLC of which I am the manager, and my SDIRA is the only member, is in the process of acqu...
Jessica Young
Can repair people enter without either landlord or tenant present?
In Florida, is it legal for the AC company to enter and perform a system replacement without us (landlords) or tenants present, if we provide access via a neighbor who has a key? We are out of state and have a very di...
David Moore
RNC Proposal Impact on Investors
Greetings all,I wonder if anyone else has had time to absorb the impacts of the proposed tax changes in the bill introduced in Congress? What are the tax impacts on investors? Do you think it benefits us or does it ...
Meghan Martinez
How do you communicate job details with your subs?
My husband and I have done one flip and two spec houses since moving to FL. I've noticed throughout all three builds that there isn't really a streamline or consistent method of communication between the contractor an...
Missy H.
Acceptable Wait Time for a Plumber
My tenant texted me last night at 8:39pm that the toilet is backed up. I called the plumber this morning and he said that he would try to make it there today but has a busy schedule. He is a guy that I normally use ...
Julie Groth
New Home Builders, do you build custom?
I'm writing a series of articles (I'm a former remodeling contractor (20 yrs) who didn't build new). Wondering if you could help me out? How do you feel about change orders? Why?Do you have a fair amount of them? So, ...
Sandeep Majumder
Looking to Connect with Appraisers in Houston (Career Change)
Hi everyone. I've spent the last 14 years of my career in oil and gas, and I am looking to pivot my career into real estate in addition to continuing to do flips. I have given thought to several areas of real estate t...
Kurt Brauner
Not so new member, but 1st post and introduction...
Hello BP,As you can see from my subject line I have been on BP for a minute. I have been listening and absorbing as much information as humanly possible over the last year now it is time to take action. I am not new ...
Joel Oh
I am hearing STR doesn't count toward REPS status.
Hello guys! I have a good W2 income as well as STR income.
2023 is the first year I thought I could qualify for RE status as I am working as the property manager, handyman... (750+ hours) man I worked hard!
Just fi...
Thomas Brady
1040 Schedule E question
Hey, I'm new to the investing world and just requested the 1040 Schedule E from the seller. As I was reading through it, all the numbers looked good to cash flow with, until I came to depreciation expense, which was $...