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15 March 2024 | 10 replies
A higher factor is where are the interest rates and whether the list price is appropriate.
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14 March 2024 | 8 replies
Real estate investment involves perseverance, hard work, and careful preparation, but with the appropriate approach and frame of mind, you may gradually accumulate money and reach your financial objectives.
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14 March 2024 | 12 replies
This is after spending a lot of money to provide the appropriate paperwork and drawings to the City in hopes of a zoning change.I believe Milneburg is part of an HOA.
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12 March 2024 | 4 replies
.- Use cost segregation studies to expedite depreciation of your properties to offset large income gains.Entity Structure- Choose appropriate legal structure (LLC, partnership, or S corporation) with consideration for different tax implications.Tax Credits- Explore available credits, like energy-efficient or historic rehabilitation credits.Qualified Business Income (QBI) Deduction- Check eligibility for QBI deduction, providing up to a 20% deduction on qualified business income.Record Keeping- Keep accurate and organized records for tax compliance and audits.State and Local Taxes- Consider varying state and local tax implications, including property and income tax rates.Tax Planning- Engage in proactive tax planning, consulting with professionals for a comprehensive strategy.Tax Changes- Stay informed about changes in federal, state, and local tax laws affecting real estate investments.Remember to consult a real estate tax professional for personalized advice based on your specific situation.
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15 March 2024 | 17 replies
You can point out that even if tenants haven't violated any terms of the contract, as a landlord, it's your responsibility to ensure the safety of the house which includes both tenants and their guestsIf PM doesn’t provide an appropriate solution then you will have no choice but to seek legal assistance.
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15 March 2024 | 31 replies
Syndications are not appropriate investments for someone "just starting out," in real estate.
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13 March 2024 | 6 replies
The space is most appropriate for a couple with 1-3 children, 3 single adults, or even a couple with a grandparent or nanny and a kid or 2.From what I'm reading, the law protects families with kids from discrimination, but can I get in trouble for doing the reverse and allowing (and potentially advertising) a higher occupancy rate if people have babies and children than if all occupants are adults?
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14 March 2024 | 11 replies
Once you exhaust your capital you can take inventory of opportunities and determine when is most appropriate to add debt to recapitalize yourself.
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13 March 2024 | 11 replies
With the right targeted marketing to people in the Northeast & Midwest, appropriate amenities for the audience (you’ll want to have super solid washer and dryer for assorted horse laundry, places to put saddles, a solidly equipped kitchen, places for kids to study and parents to work, etc) you’d be able to distinguish yourself in the marketplace.
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14 March 2024 | 26 replies
Sometimes these are the best deals but you have to be able to do your own due diligence and protect yourself with the appropriate contingencies (just like you should be doing on any other deal anyway).