Mike Ewing
Wholesaling with a real estate license
Hello Everyone,I am just getting into REI and have had my own home remodeling business for the past 10 years. Originally the thought was to flip houses, I have 1 investor looking to invest 120,000. With the rehab know...
Maria Johnson
Bonus Depreciation/Cost segregation for 2022 and 2023
I am a real estate professional and my spouse has a regular job that makes most of the money (w-2), he makes about 300K and sometimes gets bonuses.I plan to buy 2 properties in 2022 as short term rentals and 2 condos ...
Bruce L.
Renew Lease or Month to Month?
Hi guys / gals,
Just wondering from your landlording experience that when your tenant's lease is up (1 year), is it better to have them go month to month or have them sign a new one year contract?
My goal is to keep...
Cody L.
Cracking down on wholesalign in Texas - Abbott signs SB 2212
Thoughts?Sale of Equitable Interests in Real Estate Clarified Governor Abbott Has Signed SB 2212SB 2212 amends Chapter 1101 to codify the clarifying changes to TREC rules regarding sale of certain equitable interests ...
Account Closed
How would YOU keep a confederate flag off your property?
I am getting ready to rent my first property in Greenfield Indiana. You would think Greenfield is situated in the deep south. Yes, I went through a redneck phase where I dipped tobacco and wore cowboy boots, but event...
Glenn Espinosa
Sigh, learning along the way..
So my first forray into using a HML has been smooth sailing thus far, or so I thought.
We're set to close on a property this upcoming Monday. When I put my offer in for the house I had worded it as an all cash offer....
Account Closed
Different way to structure wholesale deal
Hi all -I have a seller who's not too keen on the idea of wholesaling. I'm about to put his property under contract. The person I'd like to wholesale it to is a friend of mine who I trust. Could my friend and I create...
Sean Wallace
I have a very confusing depreciation situation. Can anyone help?
Rental property is a duplex.2019 - Lived in one side, rented the other. Claimed depreciation. (Not sure what options I chose to depreciate with.)2020 - Lived in one side, rented the other. Did not claim depreciation. ...
Kenneth Davis
When roommates want to rent from me is requiring each to make 3Xs the monthly rent asking too much?
I have some how gotten by with renting to mostly individuals who earn 3Xs the monthly rent, but for roommate rental situations I have been requiring each individual to earn 3Xs the monthly rent. Is it asking too much ...
Michael Plaks
How to test your CPA's technical competence
One of the most common frustrations when choosing a real estate savvy CPA is not knowing how to tell whether he knows his stuff. Here're some sample questions to test his technical competence, in any order:
We're mak...