Andreas Mueller
Is the 1031 Exchange at Risk? Inside the Court's Chevron Decision.
Welcome to A Skeptical Dude’s Take on Real Estate: a frank, hopefully insightful, dive into real estate and financial markets. From one real estate investor to another.
Coming at you live from Nashville, TN.
Fuel ...
Bryan Hancock
Beating The $52k Solo K Limit For Investors With Multiple Businesses
I am writing about this on BP because I just found out about it and there are bound to be some tax wizards on here that know about about the game theory needed to navigate our ridiculous tax code. I stumbled upon thi...
Chris C.
Time to Face Federal Compliance Issues of Mobile Home Lending
If you are interested in mobile home lending as I am then it is time to face the facts that we cannot continue business as usual. The Safe Act only woke me up to the myriad of laws that we should be complying with an...
Account Closed
landlord's will need to prepare 1099s
Under the new legislation designed to help small businesses was a small add on that is now going to require landlords to issue 1099s to any contractor performing services like repairs over $600.
http://www.allbusines...
Kyle Mitchell
Seller will not provide bank statements in due diligence
Hi everyone,Has anyone come across the seller not providing bank statements during due diligence? Is this a red flag or something that is common? Just looking to see how hard I should be pushing on this issue.Thanks...
Bob Collett
Property Management - Cleveland
A couple of weeks ago I picked up a new property management client with a number of properties in the Cleveland area. As I began onboarding the existing tenants, one of the tenants was quick to say: “Oh, I just wanted...
Anthony Palmiotto
Are Lonne Deals Dead - SAFE Act?
Obviously there are plenty of threads discussing the SAFE Act and how they impact Lonnie Deals. I understand that these laws may differ from state to state but my question is a simple one.
I'll make an overly simple ...
Colleen F.
1100 electric heat bill for tenants what besides use could be wrong and what can we do ?
Just got a call from a tenant parent and the January electric heat bill was $1100. In past years the highest it went was $800. The heat is all electric baseboard with one room with under floor heating on slab and o...
Saika Maeda
ADU permit or not; financial implications
Hi all, I’m almost in escrow with this single family home in LA with an un-permitted large ADU with a Certificate of occupancy. An architect told me that even though ADUs should not be bigger than 50% of the main hous...
Stephen N.
Do i have to pay self employment tax on flips?
I just read a post where someone said you may have to pay SET on income from flips. Is that true?