Amy Prosser
Avoiding dealer status as long as possible?
My husband and I are slowing flipping homes. We live in each flip while we rehab and then sell. Can I treat these flips as a sale of my home? Until I get to a point that I no longer live in them? That way I still ...
Peter U.
What is the status of this house?
I have been watching this house for a year or so now. The property is down the street from me and I am interesting in buying it. Our realtor isn't able to find out anything meaningful so I looked up the address and ow...
David White
Returned letters, assignement contract, and residential status
I have a 3 questions. My first question is what does it mean when you get a returned letter from a direct mail campaign and what do I do with the returned addresses? Also where can I find an assignment contract? Lastl...
Rob Else
Driving for dollars - Question about property status
I was out driving for dollars today over my lunch hour. I was in a neighborhood with home prices in the $100k to $125k range. I found one house that was obviously vacant. It had an overgrown yard and notices posted...
Stephen Neto
Real Estate Professional tax status an option?
How does one prove they have worked the 700 hours or so needed to be considered a Real Estate Professional as far as taxes go?Can anyone declare this if they put in they hours? Just wondering if it is an option for m...
Ky Sivad
MLS Status During Lease-to-Purchase Agreement
Does the MLS status have to stay stuck on "Pending" throughout the entire duration of the lease portion of the lease-to-own agreement?Example: If, at the end of a 12-month lease, the renter decides not to go through w...
Account Closed
REO Listing, status: Active, subject to release?
Hey everyone I would greatly appreciate you're advice. I've made an offer on a REO home that the status is Active but in the description it says "subject to release" what does this mean?
It's been on the market for a...
Shawn Tompke
Current AIRBNB Status in Chelan/Douglas County
Hey ya’ll!I am wondering what you guys know about the current air bnb situation in chelan and Douglas county. I heard they are not allowing any more, but wasn’t sure how that worked or how it’s enforced?I’m trying to ...
Andre Jones
Inherited tenants claiming rent to own status
Good evening I'm getting ready to start the probate process for my father's estate and I spoke with two of his "tenants" who are claiming they had some rent to own or lease purchase agreement with him prior to his pas...
David Pike
Real Estate Professional Status and Bonus Depreciation
I am a real estate professional (claimed status in 2020) and my wife is a high income earner. I am buying a 3 unit and we are both on the loan and both on the title. The plan is to claim bonus depreciation to offset h...