Something I’m seeing a lot this week in the tax world:New real estate investors scrambling in March and April… then filing extensions.And here’s the important part —An extension is not a failure.It’s often a smart move.If your books aren’t clean, your depreciation isn’t finalized, or you’re still sorting out things like STR qualification, REPS, or cost segregation, rushing to file can create bigger problems later.An extension gives you time to:Clean up bookkeepingMake sure depreciation is correctAvoid missing deductionsAvoid amending laterWhat you don’t want to extend is clarity.Extensions delay paperwork — not payment.

If you need an extension, meaning you are nearing the end of the loan term, take it.

The kind of title policy that they issue expires in 6 months and if you want an extension then the work has to be re-done for more $$$.  

If you cannot line up the gap cash in writing in the next 48 hours, ask for an extension or assign the contract because forcing a rushed second position is usually where new flippers get hurt.

Hi all, quick question for California STR hosts on Airbnb. Have you had guests book 28 days and then ask to extend past 30 days (in my case, to about 40 days)? I know that in CA this can legally turn them into tenants...

Hi everyone,I’m a professional real estate developerbased in Central Florida near Orlando.Background: licensed architect with deepexperience in residential subdivisions, underwriting, entitlements, buildingpermits, construction management, and maintaining extensive contacts withnational home builders.My specialization is converting raw land intopaper or finished home lots for sale to national and regional home builders.

We are specifically looking for:Insurance Navigation: Any tips for working with State Farm on a large-scale fire claim or specific questions they should be asking their adjuster.Professional Recommendations: Advice on whether to hire a Public Adjuster to ensure they receive a fair settlement for the extensive damage.Restoration Experts: Recommendations for local contractors who specialize in fire restoration and structural integrity.

If you overrun, you're paying extension fees or higher interest -- and that eats your margin.

My question is, how do I know if there is more extensive damage - do I have a contractor come in - how does he inspect without damaging ?

Option #3 you provided - offering a concession such as a lease extension or upgrades to the house in exchange for new lease terms.