Steve Englehart
Cashing out IRA to buy rental properties.
29 January 2025 | 47 replies
Yes to avoid taxes and penalties (under 59.5) the money would need to stay in the retirement account.
Samuel Coronado
Looking at another park
13 January 2025 | 8 replies
The current gross income is $2,700 per month or $32,400 annually, while the pro forma gross income after renovations would be $4,000 per month or $48,000 annually.
Caroline C.
Florida condo board question - help for a non-board owner
19 January 2025 | 0 replies
So far, Board hasn’t spent the funds from 2023, but they also didn’t move funds back to Reserves after it was pointed out at the annual meeting that the funds are in the wrong place.
Basit Siddiqi
Investing in Spain: Good idea for non-residents(Americans)?
23 January 2025 | 31 replies
We would be at a disadvantage at both the purchase and annually with income taxes.I hope this is just a scare tactic and this does not pass.
James Carlson
Are STRs as we know them dead in Colorado (and other places)?
27 January 2025 | 56 replies
Reading thru Vail Resorts annual report the other day and looks like they loose money.
Jason Burkart
Gift money for family or buy a rental for family?
27 January 2025 | 9 replies
Gifting her cash simplifies ownership but forfeits these tax advantages and requires filing a gift tax return for amounts over $19,000 (2025 annual gift exclusion).
Augustine Chang
Breakeven Strategy for Studio Condo Rental in NYC – Need Advice on Options!
20 January 2025 | 1 reply
Pay Down the Loan Faster:I’m considering applying $40,000 annually to the loan principal.
Alan Asriants
The realities of when you start acquiring more units - unexpected vacancy
14 January 2025 | 9 replies
If a landlord plans to hold the property for a while, we always recommend an annual lease, ending to align with the summer leading lesson, or staggered with their other leases depending on the situation.
Alex Messner
Purchasing first home (with debt)
16 January 2025 | 10 replies
I make roughly 150k annually but have 200k total in student debt from graduate school.
Neil Narayan
2024’s hottest ZIP codes and hidden gems
27 January 2025 | 9 replies
Opendoor Technologies Inc. has released its annual list of the hottest ZIP codes in the country for home sales.