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8 October 2024 | 4 replies
I know it is a capital improvement and needs to be depreciated - which makes me think to claim it in 2023 when the work was done, but since we didn't pay it until 2024 - that seems wrong.
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9 October 2024 | 0 replies
Purchase price: $105,000 Cash invested: $10,000 Sale price: $210,000 While in college, I had enough money saved to put 3% down on a property and make some small improvements.
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9 October 2024 | 2 replies
Hi, I am reaching out because a couple of properties that have equity and I am looking for ways to pull some of that equity to redeploy the money into the properties to do improvements to maximize my income streams by building ADUs.
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10 October 2024 | 2 replies
The goal is to increase the property’s value significantly through strategic improvements.
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8 October 2024 | 3 replies
These lenders typically cover the purchase and rehab costs because they’re more focused on the value of the property than your personal financials.Rehab: Use the borrowed funds to fix up the property, adding value by making necessary repairs or improvements.
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12 October 2024 | 12 replies
Some land flippers will buy unwanted and neglected parcels of raw land for a bargain and then improve them by clearing the land or even leveling it before selling it on.Most land flippers are making money by actively seeking and marketing their land flip projects.
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8 October 2024 | 11 replies
There was some speculation a few years back that it was heading in a much better direction and there was building and improvements being made and businesses moving in.
10 October 2024 | 0 replies
They can bring you these opportunities before anyone else, thus improving your odds of closing a deal.
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14 October 2024 | 37 replies
If your healthcare needs are relatively low, an HSA can act as an additional long-term investment vehicle.Additionally, tax-loss harvesting in your taxable investment account can help reduce your capital gains taxes, allowing you to offset gains with losses to improve after-tax returns.
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9 October 2024 | 9 replies
If they are below market rent, that is OK as long as there is room for improvement and tenants won't be an issue.