Mitch Davidson
Anyone experienced with renting to FEMA?
3 December 2024 | 3 replies
They're spending tax-payer money, so they'll cut a check without batting an eye.Document condition before and after with photos, inspect regularly, and you should be fine.
Stuart Udis
If you are buying lower cost SFH's what is your exit?
9 December 2024 | 20 replies
Therefore expect a 15 page home inspection report filled with corrective measures you must satisfy otherwise the buyer walks.All in between turning over the home, ordinary transactional costs ( broker fees, transfer tax, loan payoff fees etc.) seller assist, repair addendum repairs its very possible for your exit fees to approach 13-15% of the properties sale price.
Arthur Crum
RAD Diversified SCAM ALERT!!!
20 January 2025 | 242 replies
Combine this with the deliberate targeting of unsophisticated investors or those without the resources to run ordinary diligence and you have a winning recipe.
Andrew Steffens
Credit Card Points Hacking
6 December 2024 | 36 replies
Instead of buying trips or hotels for ordinary point values, learn how to increase the value of your points and stretch your dollar farther.It's an inexpensive e-book.
Jennifer Fernéz
Let's say you have $80K in your savings account...
19 December 2024 | 82 replies
•Tax Savings Account: To save for quarterly or yearly tax payments.
Sheena Varghese
Flip taking longer than a year and tax implications
22 November 2024 | 12 replies
@Sheena Varghese For flips taking over a year, the IRS treats them as business inventory, so profits are taxed as ordinary income, not capital gains, regardless of the holding period.
Ryan Goff
Grocapitus - Anyone have experience with them?
11 January 2025 | 168 replies
But for me sets me back few years on my goal.I also think he lacks financial knowledge to see that something is out of ordinary and should not be used as basis for future returns (e.g. low interest rates of 2022 resulting in low cap rates).
Nishan Akwalia
1031 followed by quit claim deed
29 November 2024 | 5 replies
@Nishan Akwalia The most important factor is actually who the tax payer is for the property.
Lena Truong
Has anybody invested in American Homeowner Preservation? 12% retu
3 December 2024 | 29 replies
I like AHP but the 12% taxed as ordinary income wasnt as appealing as other investments with higher returns (but more hands on than AHP).
Jonah Gunalda
ER doctor hoping to diversify in passive real estate!
10 December 2024 | 25 replies
I would highly recommend doing some deep diligence not just ordinary on any syndication you enter, or note fund you enter.