I'm about to purchase my first Buy and Hold SFR, Most the properties rental around 1% out of the asking price and tax about 2% from the asking price. So I started from there, then I went a little deeper and using Bigg...
hi, I live in a townhouse style condo and have both an HOA and a Condo board. The HOA has send me about 3 or 4 threatening letters over the last 6 months for various things. One more recent issue was they had a lawyer...
So I will begin by saying I have already spoke with my CPA regarding this. I am here for second opinions from other wise investors and CPAs. I purchased a home 9 months ago to live in with my wife. Shortly after I bou...
I have a question regarding LLC partnership buyout tax implication. I'm making a simple LLC scenario for easy discussion.The LLC has three partners A B C. LLC did real estate development project: it bought a land and...
My Father and Both grand parents were realtors and Landlords. I grew up immersed in real estate, dinner talk was easements, right of ways, surveys, evictions, Etc. Etc. For many years I avoided real estate. I h...
If someone can post a recent article in the news that would be great, apparently the National Association of Realtors is banning pocket listings by May, 2020; some areas this ban already applies.
Personally, I think ...
Open to replies/opinions from ANY market. Should tenants get a grace period? Should they be charged late fees? Share your experiences with collecting rents and making grace periods/late fees work in your favor. I have...
My contractor called me yesterday on a house we own out of state and said "You should check to see if your lot used to be a cemetery, I think your house may be haunted".
A little background, we bought a house in Ja...
Crowdfunding has me really excited. The ability to invest small amounts of money in a lot of different deals is appealing.
Does anyone understand the tax implications of these deals? For example, I live in Te...
TL;DR: do I charge them the non refundable pet fee of $400 in their final months rent or take it out of their deposit when they leave? They've been a problem tenant as of late...They rented from me for 3 years (yep, I...