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4 October 2024 | 17 replies
Without regard as to which political party held the White House, either.Your comment was unnecessary, particularly on a real estate board.
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3 October 2024 | 2 replies
I'm particularly passionate about [multi family Estate Interest]Outside of real estate, i enjoy meditation walking reading ].Excited to learn and connect with you all!
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4 October 2024 | 5 replies
The current tax code provides special benefits in this situation.When the original owner passes away, the "basis" of the assets resets to the market value at the date of death.In the US, there is currently an estate tax exemption of approximately $13 million per person, which allows the basis to reset, and depreciation can start anew.This “step-up in basis” is particularly useful if the next generation wants to sell the asset.Since their basis is set at market value, if the property is sold at that value either at the date of death or within six months, there is no capital gain and no taxable event.There have been many examples where portfolios of fully depreciated real estate worth tens of millions of dollars have been passed down from one generation to the next, resulting in little to no tax liabilities for their heirs.Pretty cool, right?
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4 October 2024 | 11 replies
Thanks in advance.Hello @Sinuway Martinez,There are real estate investment opportunities across various markets, particularly in the Midwest and Southeast regions of the U.S.
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4 October 2024 | 27 replies
If you are in the market as a realtor, particularly at this stage of the cycle, you know how to generate leads.A slight shift in focus from listings & buyers to distressed purchases is the move to make.
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3 October 2024 | 14 replies
I'm particularly passionate about multi-family.Outside of real estate, I enjoy singing (I do it professionally), and playing basketball (I do it for fun, lol).Excited to learn and connect with you all!
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3 October 2024 | 1 reply
I'm particularly passionate about learning different strategies and closing my first dealExcited to learn and connect with you all!
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4 October 2024 | 9 replies
I'm currently buying properties for myself out of state and hiring property managers - I would plan to do the same here, so my role would not be particularly hard or intense.
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3 October 2024 | 1 reply
I'm particularly passionate about small multi family properties.Outside of real estate, I am a registered nurse, a husband, and father of two beautiful children 😊.
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3 October 2024 | 2 replies
I'm particularly passionate about [multifamily homes]Outside of real estate, I enjoy [Family, helping others, dieting, gym, just all around being a productive member on society and my community ].Excited to learn and connect with you all!