Pier Di Giorgio
Real estate "professional" status with the IRS
Does anyone who had claimed status as a Real Estate Professional with the IRS also have a full time job? I own 4 rental properties and I also work from home a medical supplies sales rep. I buy and manage the propertie...
Chris Seveney
Notes and tax sale overages
Good evening all, here is a question I wanted to throw out there. I was reviewing a tape (I am a note investor) which had a lot of properties which were sold at tax sale on them (I.e. Worthless) - but I noticed on one...
Sam Va
Tax Return Questions
Hello Experts - I'm new here, just started renting my property. I have a couple of questions and would appreciate if someone can help:
We lived in our rental property until August 2023. Regarding Tax, Insuran...
Christian Mendonca
Do we qualify for a partial exclusion for capital gains tax?
My wife and I bought a coop in NY at the end of June 2014. She moved to GA for a job November 2015, I joined her at the beginning of April 2016. Staring in March 2016 we began renting our apartment to a friend at a sm...
Sam Johnson
Business Income Insurance Coverage
Does anyone have any insight into if business income coverage has kicked in for their STR insurance policy. We have a policy via CBIZ/Tudor Insurance and our contact is claiming that COVID-19 loss of income in not a ...
Kanwar Ahluwalia
Voilation notice sent from 2015
Hi All,I bought my first investment property (condo) early this year. A realtor had helped me with the buying process . Few days back I received a violation notice (repainting the unit from outside) from the HOA compa...
Patrick Farley
Colorado - Property Mgmt Contracts & Insurance Policies
All - Looking to start a conversation here...I have a unique offer on my rental home from a company offering luxury cannabis retreats to their clients in legal recreational markets. They operate like a property manag...
Matt Morgan
Sellers of my new home did material damage to hardwood floors
Sellers of my new home did material damage to hardwood floors prior to title transfer. They are refusing to pay for the $800 of damage to fix the issue. They damaged the floors shortly after the walk-through and didn'...
Justin C.
About to file a claim for water damage due to ice damns... Any tips?
Hi BP, It started out with one small leak which i went on the roof and started salting the gutters and cutting troughs in the ice. A week or so later i have 5 major leaks in separate areas of my house. Any tips on f...
Gabriel Moyers
Single Family Conversion to Duplex
Hi everyone,
I'm seeking guidance on the procedure for converting a single-family home into a duplex in the City of Miami. As a licensed realtor, I've come across many who claim to know the 'do's and don'ts' of this ...