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6 June 2024 | 6 replies
I'd recommend researching areas to see that they have:- Low unemployment- High demand for housing - relatively low inventory- local job creation/booming local economy- high avg/median income- increasing population- low average days-on-market (DOM)- history of rent and property value increases YOY- low crime- highly-rated schools (or above average)I'd compare the target neighborhood to surrounding neighborhoods and/or nearest metro areas.
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6 June 2024 | 16 replies
There's barely any inventory for a reason.
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5 June 2024 | 1 reply
Inventory continues to be low, although it is higher than it has been in 3 years.
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8 June 2024 | 37 replies
We only have 1 month of inventory, so everything sells.
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5 June 2024 | 15 replies
Milwaukee inventory has been so low since 2021 that sellers don't have to offer a discount for condition, some uber- motivated first-time home buyer will pay full fare.
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5 June 2024 | 4 replies
Florida is ripe for investors now as most areas are going through a value decline right now leaving a lot of inventory on the market.
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9 June 2024 | 40 replies
I could provide you with a list of properties nationwide, but I'll tell you that our area (Charlotte, NC) we have a huge lack of inventory (major housing shortage), with 135 people per day moving here- so that would be a great market to consider.
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5 June 2024 | 4 replies
Some examples of this would be 1) depreciation calculations such as switching from straight-line depreciation to accelerated depreciation (often used for cost segregation studies when not performed in the year placed in service), 2) income recognition, and 3) inventory valuation such as changing from LIFO to FIFO.Correcting a mistake: If you realized that you used an incorrect accounting method after you filed your tax returns, you can file this form to request permission to change to the correct accounting method so that your tax reporting is accurate.Here’s a chart that you may find helpful when deciding whether you need to amend your return or file a Form 3115.As always, I recommend consulting your CPA or tax advisor as the rules can be complex.What is your experience with filing a Form 3115 or amending your tax return?
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6 June 2024 | 18 replies
There is a lot of inventory for flipping houses and also for BRRRR and buy and hold in New Orleans.
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5 June 2024 | 13 replies
And let's be smart, would ya rather go where every a-hole from around the country is going to produce more rental inventory, or operate where supply is still insanely constrained?