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13 November 2024 | 2 replies
There’s a huge difference between winging it and setting up a system that consistently brings in genuinely motivated sellers.Get a website, focus on the 3 pillars of conversion (look it up), and crush it.
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14 November 2024 | 6 replies
Unfortunately being a rookie I went with an inspector that came from a company that had a solid website and the inspection failed to spot many items.
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11 November 2024 | 3 replies
We tried searching on Zillow and other websites (e.g. rate-my-agent), but seems like the result is not coherent.
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14 November 2024 | 6 replies
Here's a link to the bill: https://beachrentals.penfedrealty.com/sites/default/files/ar...
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14 November 2024 | 10 replies
This is most of the depreciation you are taking year one.You can calculate your depreciation recapture by taking the sale price of the asset and subtracting the adjusted cost basis.The adjusted cost basis is what you paid for the asset plus any improvements you made along the way minus the depreciation you took along the way.The profit above this original cost is taxed as a capital gain, but the part linked to depreciation is taxed at a maximum rate of 25% under the unrecaptured gains of section 1250.To recap the tax rates are:- Sec. 1250 real property: 25%- Sec. 1245 property and 15 year 1250 property: Ordinary Tax RatesThere are ways to minimize depreciation recapture especially if you know how to work smart with your CPA.1) Asset Valuation at Time of Sale - Sellers can minimize recapture by reallocating the price of the assets on sale.
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14 November 2024 | 6 replies
Buyers often require documentation showing the remediation was done by a certified professional to ensure there’s no lingering risk.If you have more questions about mold or need guidance on a project, feel free to call us at (424) 369-7947 or visit our website at moldtestingandmoldremoval.com.
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11 November 2024 | 6 replies
The first link to the property does not show the additional studio.
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12 November 2024 | 2 replies
I didn't find any challenge finding quality tenants by posting on FB marketplace, roomster, roomies, basically all of the websites.
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12 November 2024 | 3 replies
I would start with the Fair Market Rents (FMR) in the county where the property is located and use that as a basis to negotiate from there.Thanks Jaycee, are to referring to the HUD website?
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13 November 2024 | 7 replies
Minut seems to be less expensive, but according to Wynd's website, they say Minut's smoke monitoring is in Beta and doesn't track marijuana smoke.