Dakota McCure
Insurance when renting out a condo
Hi all,I know this is a basic question, excuse me, but I'm trying to figure out... What insurances would I need in place if I were to rent out a fully paid-off condo to someone? Does condo landlord insurance cover eve...
Jiang Hu
How much do CPAs uaually charge for 1031 exchange tax return?
Hi there,I am wondering how much do CPAs usually charge for a tax return that involves a simple 1031 exchange? $500? I searched on Google but couldn't find much info. Thanks in advance James
Suzie Remilien
Getting insurance on illegal mother in law unit in Florida
This question is courtesy of an investor friend. He just found out that his insurance company will not insure the 3/2 house he bought in Fort Lauderdale, Florida, because the mother in law unit is illegal. The previou...
Jordan F.
Laundry Room in Basement/Liabilities
Hi there. I co-own a Bldg in the Los Angeles area. Many if not most apartment buildings in the area have laundry rooms. The building used to have one in the basement but the machines were removed a long time ago. ...
Allen Parker
Property Management Research
Hello fellow investors!Currently researching Little Rock as an OOS investment location for me. I am curious if anyone has experience they can share with me about any of these 3 Property management companies. Thank you...
Shari Posey
A Perfect Time to Move IRA Money into Real Estate
The past two weeks have only strengthened my resolve to end all investments in mutual funds and stocks to invest in solely real estate. I reviewed my investments last year, before the crisis, and my 10-year returns on...
Anne Williams
ASSIGNMENT OF CONTRACT/ how does it work? Should there be a fee?
Greetings BP, I recently came across an off market property for sale located close to the Central Ward in Newark. The asking price was 150,000 and I offered them the full amount to purchase the property. Currentl...
John Woodrich
Short-term Rentals in Minneapolis
Minneapolis is going to vote on adding regulations to people conducting short-term rentals in the city: http://www.startribune.com/minneapolis-city-counci... I haven't read the language but I wonder how they are going...
Brandon Reed
Cost of Central Florida Property Management?
What are you guys being charged for property management in the Central Florida area? I'm specifically looking at Clermont, but an estimation in the greater Orlando/Central Florida area would be super helpful if no one...
Account Closed
Eligibility/ Clarification 199A and Self Directed 401k
Me and my partner set up an LLC in CA (taxed as a partnership) in 2019. We are the only individuals in the company and performed over 1000hrs each this year and will continually maintain those hours developing our lar...