28 May 2021 | 3 replies
I would like to know whether any deduction I take under De Minimis Safe Harbor(DMSH) counts towards this 10 K limit.For eg, below are expenses:Appliance : $2,000Water Heater: 3,000Hardwood Floor: 6,000If I deduct Appliance ($2000) under DMSH, can I deduct remaning 9,000 under SHST?
10 June 2019 | 30 replies
Google "contract for deed preditory lenders" If you want a Cease and Decist leter from your states banking division AND a local TV station with a microphone in the face of one of your borrowers, this is the deal scenario for you...Yes you can seller finance houses to occupants depending on your state's restriction number, remember some are zero like OH, OR, WA and others.Yes use a locally licensed and independant LMO/RLMO, AND very importantly sell at a justifyable price (no jacked up price) and the house needs to be in good habitable condition.
27 May 2018 | 35 replies
That's why control - whether or not it's actually exercised - over the execution is so important to someone who has the experience.We all like great deals because they have a larger margin of error than mediocre ones, but a great sponsor de-risks a transaction more than a great deal.
9 January 2015 | 10 replies
Long term, as bussing fades, the school system will get better, so you might look at de-leaded properties.
8 December 2021 | 56 replies
It is difficult to "Buy and Sell" from overseas, as a Newbie.With reality TV shows, and Guru's who promise the moon, it is important to manage expectations.
21 August 2017 | 6 replies
@Eric Peterson the De Minimis Safe Harbor allows you to expebse rather than capitalize repairs, maintenance and improvements under $2500 per item on the invoice.That said, if all items are target one Unit of Property, then you take the aggregte value.
21 March 2023 | 11 replies
I'm not sure about GA but in Delaware we would write an addendum that the fenced area is included and nothing else (wonder what's back there that they don't want used?)
18 April 2023 | 21 replies
Also @Dannielle Givens I would consider connecting with @Paul De Luca he works with house hackers in Chicago
18 April 2023 | 3 replies
Thoughts on the lack of a living room or spot for a couch and tv?
18 April 2023 | 5 replies
In Delaware we don't have to give a reason to give notice of non renewal so just basically say we aren't renewing and they're responsible to move at the end of their lease.