Carl W.
When They Ask: Is It Going to Be A Rental?
I want to do a remodel on my property that would provide an additional floor of living space. Every worker that comes to the property asks me if it will be a rental. When I called the utility company it was the very f...
Jackson Long
cost to build in 2021?
With all of the crazy changes to material and land cost- is there a current "not totally made up" rule of thumb for the cost of new construction? One of places with or without labor.
Turner Cress
Delays to Expect on New Construction - Gatlinburg, Pigeon Forge
Hello,
I am hoping to get insight on what type of delays to expect in this region if I decide to invest with a builder in town, so that I can properly structure our contract and get some kind of reasonable project sc...
Matt Pulkrabek
Open Door Capital and K1 Investment losses
My question is regarding passive real estate losses. I am a real agent and investor, therefore I am considered a "real estate professional" for tax purposes. With that being said, my accountant has always allowed ...
Marques Harrer
Cost of a duplex
Hello all,Is there anyone on here that could estimate the cost to build a duplex in Richland, WA? In this scenario, I would like to exclude the cost of the land.Thanks!
Julio Gonzalez
How cost segregation is beneficial without REPS status
Many investors think that if they don’t qualify for REPS status, they won’t be able to benefit from a cost segregation study. However, there are multiple ways that you can still benefit!
A cost segregation study is a...
Julio Gonzalez
Real Estate Professional Status
What is Real Estate Professional Status?
Section 469(c)(7) provides an exception that allows qualifying taxpayers to treat rental real estate activities as nonpassive, enabling them to deduct losses against other typ...
Paul B.
First SFR Rehab is complete!
Hey There; we just completed our first flip this week. We gained a lot of lessons learned from this one. We also made some money on it, so that is good too! Definitely looking forward to the next one. It took 6 weeks ...
Jennifer Jackson
Texas Winter Freeze: Questions
Hi All,
One of our properties was affected by the Texas winter freeze--burst pipes and wet units. They will be inhabitable for the foreseeable future.
What is the protocol with tenants? Do I still charge them rent? ...
Amy Hu
Help-list says boiler intact but actually broken, lesson learned
Hi-We bought a property last year in Cleveland and did heavy rehab on it.The original listing says clearly that "boiling system intact" . Recently my contractor reported that the boiler is totally not working and need...