Richard Benjamin Wilhite
How to Find "Cost" Basis for Inherited Land prior to 1031 Exchange?
19 January 2025 | 9 replies
It would/could be only 15% capital gains tax and yes you could/would deduct all selling costs including commissions and transfer taxes.
Zongfu Li
Kiavi is the worst lenders I have been working with
15 January 2025 | 11 replies
If possible, in the future I would try to obtain a copy of a standard Condo questionnaire from the HOA prior to the mortgage application process and ask your lender to review it in advance in order to mitigate some of the time and costs risks associated.
Waruna Yapa
Who has the best rates and how to shop for them?
8 January 2025 | 14 replies
Feel free to reach out.
Victor Yang
if i gift a house, is the cost basis what i purchased it for or the FMV?
24 January 2025 | 8 replies
It is my understanding that the new owner will have the house at the cost basis of my purchase price, for calculating capital gains taxes or depreciation.For gift tax purposes for you - FMV.For capital gain tax purposes for the recipient - your original basis/purchase price
Roque Miranda
Property management tool and application for tenants to pay
26 December 2024 | 6 replies
There are a million low cost or free options out there.
Bob Dole
Cost Segregation -- What is the true benefit of the accelerated depreciation?
9 January 2025 | 32 replies
I would recommend getting a free cost/benefit analysis to see if you specifically could benefit from the study.Real Estate Professional Status
Marcos Carbi
Advice Needed: Long-Term Tenants Behind on Rent – How to Handle?
18 January 2025 | 8 replies
The truth is, they will keep playing games and milk you for every penny they can, then they will leave the house a mess and cost more with cleaning, repairs, and vacancy.
Michael Braun
Billing tenant for damages prior to move-out
23 January 2025 | 3 replies
I would also send the insurance company this same letter and tell them they are going to be responsible for the cleaning and repair cost.
Samuel Kim
Real estate professional status 750 hours doable?
31 January 2025 | 27 replies
How many applicants did you interview?
Zach Howard
FREE market research?
7 January 2025 | 0 replies
Any recommendations for free tools to do market research?