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8 March 2024 | 10 replies
For older demographics, consider the availability of medical centers, entertainment, and restaurants.Buildings/Permits: Assess the city's growth compared to previous years.Determine if the city can accommodate future supply.Government Regulations: Examine the city's efforts and the type of businesses they are targeting.
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7 March 2024 | 5 replies
Some smart BP members have targeted Medical Colleges because they have daddy's Money.
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7 March 2024 | 1 reply
Let's say the main house is 60% of the asset, you can then exchange 60% of the value of your sale into another rental property and pocket 40% of the gains under your tax exemption.
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6 March 2024 | 3 replies
If so, you get the personal exemption of avoiding taxes on up to $250,000.
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6 March 2024 | 2 replies
The bill would exempt nonprofit organizations and other entities primarily engaged in the construction or rehabilitation of housing from the definition of “investment entity.”I'm curious on what everyone's thoughts are on this.
6 March 2024 | 0 replies
It's crucial to note, though, that this extension pertains to filing only and does not grant an extension for making tax payments.Don't Delay Your PaymentsWhile the extension offers relief on the filing front, it's essential to understand that it does not exempt taxpayers from making their payments.
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8 March 2024 | 53 replies
For older demographics, consider the availability of medical centers, entertainment, and restaurants.Buildings/Permits: Assess the city's growth compared to previous years.Determine if the city can accommodate future supply.Government Regulations: Examine the city's efforts and the type of businesses they are targeting.
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3 March 2024 | 2 replies
Is there a way to structure a scenario where a long term tenant of a single family home can receive homestead exemption?
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6 March 2024 | 12 replies
Everyone has a different perception on the different asset classes.Just depends on how you where born and bread 🤷🏻Someone living in Beverly Hills would call my "B class" a "Z Class" lolI consider B class in Toledo to be as follows:1) Good infrastructure supporting home owner and tenant demand (Schools, colleges, hospitals, medical centers, larger employers, etc...)2) Employed tenants that are sophisticated enough to pay rent online.3) Well kept yards, no bordered up homes, pride of ownership in the community.4) Mix of home owners and investor owned (Leaning more toward home owners)5) Lower crime rates and some upside potential from an appreciation standpoint.6) Entry sub $100,000 with 8-10% net returns on cash investments.Every market has different numbers and cashflow expectations Much success
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6 March 2024 | 8 replies
Sfh are exempt from rso, does that mean that the first unit will loose its rso protection now that there is only unit in the lot ?