
21 February 2025 | 13 replies
They've gone as far as writing algorithms that pull data points like crime rates, age, median income, number of coffee shops and hundreds of others to create heat maps of where to buy.

5 February 2025 | 16 replies
He may accept a lower rate than bank financing.

25 February 2025 | 7 replies
In the end, it cancels out any benefit.Loss of Key Homeowner BenefitsIf you sell your home to an LLC or S-Corp, you’ll lose:$250k/$500k capital gains exclusion on selling a primary residence.Homestead exemption on property taxes.Owner-occupied insurance rates, which are cheaper than rental insurance.Substance Over FormIn tax law, the IRS looks at the substance of a transaction, not just the form.

9 February 2025 | 10 replies
To maximize your investment, use financing options like FHA or conventional loans, analyze deals based on cash flow and cap rates, and network with local investors through REI meetups and BiggerPockets.Good luck!

21 February 2025 | 12 replies
It's free to sign up for an account and the savings account has a very competitive interest rate.

19 February 2025 | 57 replies
The amount of capital required from your savings to purchase multiple properties depends on the appreciation rates.

9 February 2025 | 2 replies
He breaks down what the fear of tariffs has currently done to interest rates and what future tariffs could mean for our economy and the housing market as a whole.

7 February 2025 | 13 replies
When you consider that I only work about 4 hours a week, that breaks down to an hourly rate of just over $1,500 per hour.

11 February 2025 | 5 replies
Hello Solomon,A few tips I have for you would be to first; Analyze Deals Properly – Use the 1% rule (monthly rent ≥ 1% of purchase price) and calculate cap rate, cash flow, and ROI before buying.

6 February 2025 | 3 replies
Let's break it down with precision:The "Pain" (At First Glance):Your $2.8M sale splits out as:Building (§1250): $2.3MPersonal Property (§1245): $500KOriginal Basis Allocation:Building: $1.6M (depreciated over 27.5 years)Personal Property: $400K (fully depreciated)Building Depreciation:Annual: $1.6M ÷ 27.5 = $58,182Total over 10 years: $581,820Gain Breakdown:Building (§1250):Sale Price: $2,300,000Original Basis: $1,600,000Less Depreciation: ($581,820)Adjusted Basis: $1,018,180Total Gain: $1,281,820Unrecaptured §1250: $581,820 (25% max rate)Capital Gain: $700,000 (20% max rate)Personal Property (§1245):Sale Price: $500,000Adjusted Basis: $0Ordinary Income: $500,000The Strategic Play:Remember those suspended passive losses you couldn't use?