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26 June 2024 | 1 reply
You can go direclty to the public sites like zillow/redfin and post the listing there.
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27 June 2024 | 17 replies
Cant go wrong with any of the BP publications.
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27 June 2024 | 26 replies
The best places to invest go off of your intentions, price point, and then the one's likely not discussed publicly.
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27 June 2024 | 62 replies
The hard part of being a GC is the relationships with subs There is a difference... the general contractor is often primarily concerned with providing construction related services to the public for compensation.
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26 June 2024 | 6 replies
Read IRS Publication 523 on Sale of a Residence.
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26 June 2024 | 8 replies
Depending on where you incorporate your name will still be recorded on the public record with the Secretary of State.
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28 June 2024 | 17 replies
Hey @YuYing ChenGlad to see you getting back to it and making a "public" declaration for accountability.
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25 June 2024 | 10 replies
I was thinking more about people who would do MTR like a travel nurse/corporate professional with convenient public transportation vs. renting a car for a couple of months.
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25 June 2024 | 2 replies
This can involve public hearings and meeting specific requirements.Surveyor: Hire a surveyor to map the property and define the boundaries of each condo unit.Legal Counsel: Work with a real estate attorney to ensure all legal requirements are met and the condo conversion is properly documented.Financial and Operational Considerations:Condo Fees: Determine the monthly condo fees for maintenance, repairs, and other communal expenses.Insurance: Ensure proper insurance coverage for the condo association and individual units.Reserve Fund: Establish a reserve fund for future repairs and maintenance.Tax Considerations:Initial Purchase with 1031 Exchange: 1031 Exchange Basics: By using a 1031 exchange, you defer capital gains taxes on the sale of your previous property by reinvesting the proceeds into a new like-kind property.Down Payment and Financing: You're putting down $220,000 and financing the remainder at 8% over 20 years, resulting in a monthly payment of $2,593.Converting to Condos and Selling Units:Capital Gains Deferral: The 1031 exchange allows you to defer capital gains on the initial exchange.
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25 June 2024 | 4 replies
This will give you a clearer picture of what you can expect in terms of rental income.Neighborhood Appeal: Evaluate the neighborhood's appeal by considering factors such as proximity to schools, parks, shopping centers, and public transportation.