All Forum Posts by: Karen Young

A syndication investment sold in December. The Sch K-1 was not marked "Final" because the sponsor held some money back. My CPA says the capital gain can not be offset by the passive losses because "the passive Activity must be disposed of in its entirety". Is he correct?

Mahalo nui loa!

Anyone have a recommendation for landlord insurance for a condo located in Greenville, SC?

thanks in advance,

Karen

Check out roof4all.com. What do you think?

thanks @Sunny Shakhawala - I'll check it out!

How are rental values affected when a house is located across the street from a school?

does it make a difference if it's an elementary or high school?

@Nicholas Aiola

@Michael Plaks

Thank you!

Under the new tax law, is there a benefit to changing the tax status of my LLC? I was listening to a podcast when the speaker mentioned that some RE investors were changing the tax status of their LLC to be taxed as a S-corp.

NOT changing the LLC to a S-corp, only the tax status.

Mahalo

I’m posting this on PRO forum because I’m wondering if anyone has experience with this. Have an appointment to look at a house for my daughter and SIL to buy. Googled the previous owners name and newspaper story of her murder came up. 67 yo retired teacher in a wheelchair. June 20th. Her tenant arrested, in jail on $1mil bond for second degree murder. Day and SIL say they will have house blessed and be ok with living there. I’m concerned about resale value and if they will be able to rent the small apartment on the land. In Hawaii the local people are pretty superstitious.

Signing a contract with a new PM company - check out this part:

Unlimited attorney's fees and expenses?

Is this the norm?

Signing a contract with a new PM company - check out this part:

Unlimited attorney's fees and expenses?

Is this the norm?