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Hi All,New to the game here. Really appreiate this community and everyone's never ending help.I have been living in my current home for 3 years. I am renting out starting June 24. Is it safe to assume that the loan in...
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I recently found out my rental condo has water damage in the bathroom from the unit above it. I believe it has been happening off and on for about two months. I called the owner and they offered to cut out and fix the...
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Hello all, I am a new investor and am slightly unclear about the role of an agent in off market deals. If I am represented by an agent but the seller is not will the agent still be paid by the seller upon closing? Wou...
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Hello, I have been doing my taxes for years but my portfolio is growing and I need to get help. I have spent a lot of money on a rehab this year and I'm not sure of how to deduct everything. I'm also in the middle o...
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Hey BP!So, I'm currently talking to a few painters about taking care of one of the units at my duplex in Winter Haven, FL. Some people I've reached out to have simply provided me with a price per sqft, but 2 of them h...
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I was going to obtain my Salesperson Real Estate license , i know there are pros and cons having it while your investing so what would those be ? I mainly wanna get it for MLS access and be able to send out offer dail...
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Hi everyone, I have spent the last five years trying to find a real estate CPA but with every interview I find that the CPAs involved in real estate charge thousands and thousands of dollars just to start with them. I...
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IRS is not shy about disputing claims to Real Estate Professional status. It's an easy desk audit for IRS. They query Schedule E losses. And if IRS challenges your claim to be a Real Estate Professional they will s...
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Just curious what you look for in a property manager. Some of the factors I can think of are: Reputation, Competence, Cost, visibility and transparency, response time, passiveness, professionalism, sizeWhat do you loo...
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I'm going to build a house. When I worked as a construction manager for a homebuilder several years ago, we ordered the lumber, windows, doors, stairs/railings, garage doors, trim, cabinets, lighting, appliances, van...