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I own a successful property management company, and have been building clientele for some time. We did lose some last year when so many were selling off at the big returns, so it put us in rebuild mode in some areas. ...
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Hi LV investors! My broker and I manage rentals. Most of them are free and clear SFHs and a few condos. There are owners who don't want to be landlords anymore but still desire stream of monthly income. So we consider...
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My husband and I are newbie investors in Houston looking for our first buy and hold property. It was either on a podcast or here in the forum that I heard that sometimes you have to estimate expenses, but when an ava...
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Hi All,
I'm looking for a second opinion/potential new accountant to review my situation. Here is the situation, I sold a property last year that had a great return that I rolled the money into a 1031 intermediary...
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A buyer client asked me about the following scenario. Any advice?
Two partners want to purchase a 2-family in their personal names or an LLC and close on December 28th Unit 1 comes with a long-term tenantUnit 2 is ...
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Hello BP Community. I’m kind of in a weird scenario here and I’m looking for a little direction.
Six months ago my wife kids and I moved out of our owner occupied duplex and purchased our second property single fa...
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Hello,
I just introduced myself in the new member area so this is my first official post!
My first “investment” in real estate is underway and it is quite unique. My father owns an apartment complex and he gav...
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When screening a potential tenant are you allowed to tell them what their past landlords said about them? I am in the process of screening someone who ended up moving out of state 6 months into a lease for a job trans...
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Along with Material Participation as a Real Estate Professional, you might also want to consider grouping your activities together. So a common question that I get is-
Do I need to group my rental activities together...
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I have a question that I am hopeful someone here will know. For tax purposes, the real estate professional designation is something that is very helpful if you are an investor. Would a home inspector be able to clai...