Patrick Owens
Self-Directed IRA: Who can manage the rental property?
I am considering methods to increase cash flows in my self-Directed IRA that can benefit me now. So, can my Self-Directed IRA hire me as the property manager over the rental property?
Kristopher S.
Will we go to jail for renting our home on AirBNB?
Hi there, my wife and I live in NYC but are in the process of closing on our first home in Nashville. We love Nashville and plan to live in the home part time and list it as a short term rental when back in NYC. While...
Beau Fannon
Mortgage lenders are lowering credit requirements
https://www.bankrate.com/mortgages/fico-credit-sco...This is for the real estate agents. What has been the biggest deterrent for home buyers in your recent experience? Is it the need for a higher down payment because ...
Ritch Shepherd
Penalties for receiving Homestead Deductions on rental properties?
I received a letter from the Marion County Auditor, Indianapolis, IN, stating that I've been receiving Homestead Deductions on some of my rental properties for over 3yrs, and now they are going to invoice me for the ...
Brad Roche
Updated Fannie Mae guidelines for Minimum Down Payments on Multi-Units (HouseHack)
Starting today- Fannie Mae has updated their down payment requirements for 2-4 Unit properties when you live in one unit. To buy a multi units property- the down payment requirements use to be:
2 Units:
15% Down
3-...
Danny Norris
Home owner wants sell house well below market
Does anyone know the Medicaid requirements in regards to penalizing a elder for selling their house well below market value? Medicaid says they will complete look back for 5 years. Any feedback would be much appreciated.
Alex Schober
MTR Tenant Not Vacating Property - Next Course of Action?
Hey all, relatively new landlord here. I've been renting my house to a family for the last three months and their lease ended at the end of March. I am reverting back to a STR strategy, with the next guests arriving t...
Kevin McCormack
Tenant Lease Renewal - Landlord not responsive
Hi BP,I live in an 100 unit apartment complex in Westchester County, NY. My lease runs out 2/28/22. Per the terms, I need to provide 45 days written notice of my intent to either renew or vacate the premises. I’ve fol...
Victoria Pena
Air BnB vs VRBO Host Cancellation Penalty
Hi everyone! I had some calendar sync issues between VRBO and AirBnB which unfortunately led to a double booking. Due to that I need to cancel one of the bookings and apologize to the guests. I know both platforms wil...
Tina McDonald
SDIRA AIRBNB UBIT TAX
I was considering using money from my self directed IRA to purchase a home to be used as an Airbnb. I was having a hard time getting some clarity around why I would be taxed for short term rentals vs Long-term. Oh...