David VanSteenkiste
Too high income to take RE tax deductions?
Does none know if there is n income level at which you are not allowed to take tax deductions fom RE? Ex. If you are a high income W2 employee and want to start investing in RE. How does he 86 tax law effect you? Can...
Marty G.
1031 Like Kind Advice/Help
I have owned a property for about 4 years. It is not my primary residence and have used it as a vacation property. It's located in FL and the market price for the house is estimated to be $150-175k over what I paid ...
Steven J.
Roaches! Who should get the bill?
I'm managing a 24 unit building in the rougher part of town (its Fargo, ND so its not that bad). I had a tenant call to report he saw a few roaches and sure enough he's got them. Even was kind enough to catch one so w...
Stephen Savage
Newbie - Is personal use counted by days or nights?
I'm under contract for a ski-in/ski-out condo in Keystone Colorado. I'm going to use the condo primarily as a STR property, but would like to maximize personal use without going over the 14 days/10% IRS rule. I've r...
Keri Middaugh
LLC structure in Michigan, juggling the bank accounts
Hello, everyone, my question is about how to structure my rentals and flips in 1, 2, or more LLCs. I've perused the forums and haven't quite found what I'm looking for. Ideally, I'd have a simple system that does no...
David Weaver
Rental never rented
After competing against cash offers, we secured a property to fix and rent out. Over a year later and 90k in fixing up the property, we have a very nice house that we've had some rental activity on, but not as much as...
Jonathan West
Buying an old property in Dayton- Lead Paint?
Hi everyone,Newbie, first transaction, under 25k rental in Dayton OH, minor repairs needed.Property was built in 1915. I was told by the inspector that because of its age, I should assume it has lead paint.As the pro...
Ryan Dossey
Can we turn this into a deal?
Back Story: Grandma has Alzheimer's. Her granddaughter took her in. They haven't gotten guardianship but are working on it. (cost is $400) The home had new windows, roof, and gutters installed around 10 years ago. Gra...
Amy Conn
Puerto Rico Property, 1031 exchange, economy, zika
Hello, we have a rental house in CA that is completely paid off and we are seriously considering selling it to buy a beach house in Puerto Rico. My husband surfs and my family lives in FL. It seems tricky to time it ...
Dan H.
How often do LPs try to exit syndication offering before sponsor/GP exit?
I would like to know how often LPs try to divest from syndication prior to the GP/sponsor exiting the syndication. I would like to get responses from multiple GPs/sponsors. i am trying to gauge the usefulness of a ...