Csingh Singh
Investing in California vs. other landlord-friendly states: What should I do?
27 November 2024 | 13 replies
As an investment property owner, this means less maintenance and fewer unexpected expenses from storm related damage, often resulting in more affordable insurance premiums, less wear & tear on mechanical equipment, roofing materials or exterior surfaces.
Jon Pflueger
Predictions on the FARE act and its effects on the NYC rental markets?
15 November 2024 | 2 replies
Short term, assuming the real estate lobby doesn't sue this to keep delaying/appealing, once it goes into effect there will be no more broker fees paid by tenant *unless they hire the broker*Some long term effects I can predict already: - Landlords now having to absorb broker fees will bake this into the rent (e.g. how "no fee" units typically are priced a little higher than other units) - Real estate board will require another document (or checkbox) for tenants to sign stating that they're hiring the listing broker and responsible for compensating them for their fee *if* they apply and are approved- Regular New Yorkers will have an even harder time to find an apartment because you cannot legislate/regulate away a housing crises...
Tyler Fremarek
Excited to start my real estate journey - Advice and Connections welcome!
26 November 2024 | 11 replies
But when you focus on EFFECTIVE purchase capital requirement, notice how that 1 little change of wording totally shifts mindset, focus, everything.
Melanie Baldridge
One of the best strategies?
26 November 2024 | 4 replies
Many real estate professionals pay little to no taxes by using these strategies in combination with 1031 exchanges, creating a snowball effect of tax-deferred wealth.
Rud Sev
How to analyze NNN properties and determine FMV
30 November 2024 | 11 replies
This will primarily effect tenant's sales and your ability to re-lease when tenant moves out.You have building risk: primarily, how easy will it be to re-tenant if your tenant goes dark or leaves.
Nathan M kiefer
400k bonus - tax mitigation
26 November 2024 | 13 replies
I'd see if the employer would let me receive part or all of the bonus in 2025 for a number of reasons:- More time to pursue and execute tax-saving strategies- (Possibly) more time to hold on to the $$$ before taxes are due (2026 vs 2025)- Chance that, post-election, there is a possibility that there could be tax changes effective 2025 that could possibly help your situation.
Mary Pastoral
VRBO charges 10% commission for direct booking outside of their platform
23 November 2024 | 40 replies
I have 11% taxes and they charge their fees on taxes also so my effective rate is higher since I don’t keep the taxes but pay the fees on them.
Mario Am
Trees in rentals in Memphis.
22 November 2024 | 1 reply
Generally, I would be tree trimming once a year to cut back any branches hanging over the houses because of potential damage, but also because of insect transfer.
Ricky M.
FSBO or agent to sell tenented investment property in Florida
23 November 2024 | 3 replies
When selling for sale by owner (FSBO), ensure all legal documentation is in order and consider consulting with a real estate professional or attorney to handle the lease transfer and legal aspects effectively.
Tanya Maslach
Creating an LLC: state where properties are located
29 November 2024 | 12 replies
But, in Ohio creditors of members (you run a semi into the median with $5mm of electronics inside and you have $100,000 of property damage coverage) in Colorado they take your membership interest.