Joshua Kaufman
Commercial Late Fee calculations
5 January 2025 | 3 replies
In addition, all Rent payments hereunder not made within five (5) days of the due date shall bear interest at the rate of one and one-half percent (1-1/2%) per month"The monthly rent is $1550 so the late fee is easy - I've set the account to charge 5% if the rent isn't received within the 10 days stated ($77.50).
Don Herr
Don Herrick - New to Real Estate Investing
8 January 2025 | 6 replies
I need to update my deal profile but I moved here 2020 first buying a house hack and then slowly buying one rental a year until the last year and a half.
Daron Payne
Anuobe have experience with Walter Wofford
8 January 2025 | 5 replies
I was 17 and a half years old!
Dionte Griffin
first deal advice
3 January 2025 | 3 replies
This year i added a half bathroom on a property that has a value over $1k/ft.
Katie Southard
Selling Rental before Cap Gains Timeline
8 January 2025 | 10 replies
I would list the property and advise the tenants you are planning to sell. if they want to stay month to month, that's fine.
Anca R.
Is a 1031 Exchange allowed in this case, and if so, is it worth the hassle?
22 January 2025 | 22 replies
Depending on the loan amount for the new property, roughly a little over half of the gain could be deferred through the exchange.Without a 1031, they’ll face taxes on the entire gain, including federal capital gains tax (likely 15% based on their income), California state tax, and depreciation recapture, potentially totaling $130-150K.
Lee Miller
SFH to Duplex conversion in Chattanooga
1 January 2025 | 7 replies
I'm imagining something more like add a wall, turn a bedroom into a kitchen-living on one side and a formal dining room into a bedroom on the other side, maybe add a half bath in each unit.
Michael Reilman
Best Low-Flow Toilets?
17 January 2025 | 14 replies
That said, American Standard makes a good builder grade one that’s half the price.
Pamela Rivas
Seeking insights: Crafting a free guide for foreigners investing in Mexico.
17 January 2025 | 3 replies
You're already half way there by asking people what they want to hear.
Chris Magistrado
Digging Into the Justice Department’s Lawsuit Against Major Landlords
12 January 2025 | 8 replies
In 2022, half of American renters spent over 30% of their income on rent and utilities, the highest percentage ever recorded.