Tom Rairdon
Tax considerations when selling a short term rental
12 January 2025 | 8 replies
If you did a cost segregation study on the property in the past, you may have to recapture the depreciation taken in the past.capital gain tax rates are 0, 15 or 20%There is also a potential 3.8% Net Investment Income Tax.Also, don't forget state income taxes depending on what state the property is located or your state of residency.Best of luck!
Reyna Ayala
Landscaping in owner occupied
1 January 2025 | 2 replies
Can you PROVE that the landscaping increases rents of ability to rent?
Corbin Wright
Advice please! I have a somewhat tricky question regarding AirDNA!
12 January 2025 | 8 replies
You do need a subscription to study the comps FYI.
Christopher Hu
First Rental Property listing questions
23 January 2025 | 3 replies
The insurance company will send you copy of the tenant declaration page proving coverage, and they will notify you if the tenant ever cancels the policy or allows it to lapse.HOW TO SHARE UTILITIES 101You have a property with two or more units and the utility meters are shared.
John Underwood
No tax on Tips for Rental Income
31 December 2024 | 12 replies
Quote from @Aaron Zimmerman: I would look for other ways to legally reduce income such as cost segregation studies.
Mak K.
Tenant lied and has a dog on first month of lease -Texas
16 January 2025 | 8 replies
If the tenant can’t prove the dog qualifies as a service animal or ESA, then it could be a lease violation.It’s a good idea to request documentation in writing and confirm its legitimacy.
Troy Smith
CPA tax advice.
9 January 2025 | 11 replies
Depending on how you use the property, you may benefit from a cost segregation study and bonus depreciation once the property is in service.
Salvador Diaz
Top 6 tips for house hacking
10 January 2025 | 6 replies
2x House Hacker here in Los Angeles and a case study in the BP book, The House Hacking Strategy.1.
Rebecca Cho
Excited (and Nervous!) to Start Our Real Estate Investment Journey
13 January 2025 | 25 replies
Even though your market might prove expensive, I would exhaust all options before ruling it out.Truth is, you have a unique competitive advantage in your market.
Beau Alesi
Looking to buy
23 January 2025 | 4 replies
With SFR, they appreciated at a national average of 3.8% from the last study that I read in 2024.