Anthony Zotto
Election results and impact on real estate investing
11 November 2024 | 8 replies
From page 730 (emphasis mine): "All non-business tax deductions and exemptions that were temporarily suspended by the 2017 tax bill should be permanently repealed, including the bicyclecommuting expense exclusion, non-military moving expense deductions, and the miscellaneous itemized deductions.23 The individual state and local tax deduction, which was temporarily capped at $10,000, should be fully repealed.
Corinne Johnson
Emotional Support Animal causing noise complaints in a long-term-rental
10 November 2024 | 18 replies
If they try to pull that ESA crap, let them know that all animals have to follow the rules legally and that just because it is an ESA they are not magically exempt.
Seb Ko
New residence requirements for Airbnb listing
5 November 2024 | 4 replies
Are there additional primary residence requirements such as homeowners exemption required, or anyone know if this is coming down the line?
Amy Konopka
Tenant Protection AB 1482 -when can I provide information?
4 November 2024 | 3 replies
I realized then original lease does not have my "exemption" stated in it.
Henry Lazerow
Chicago anti gentrification ordinance has passed
7 November 2024 | 15 replies
Update for Chicago investors : As of right now the ordinance takes effect 11/9 but any property under contract before then is exempt.
Renee Ren
Anyone invested in Fundrise?
11 November 2024 | 12 replies
But all of these investments operate under highly regulated and constrained exemptions to securities law, and I have been told it is very difficult to do the above legally.
Daisy Ruiz
Short term rentals Chicago
5 November 2024 | 6 replies
I finally decided to close the doors mainly because the unit used was not available anymore, but also because the regulations got stricker and stricker over time.Now, if you want to use your 2-4 as an STR, you need to show proof that you are living in the unit you are renting by sharing a government-issued ID with that exact unit or your tax exemption form.If you have a building over 5 units, it's a bit easier but still challenging ( you can rent up to 25% of the units out for airbnb)...the few people I know that are successful are NOT the owners of the building, but more so the operator of the airbnb unit aka str arbitrage
Alex Winfield
Any solid info on VA Vendee financing? Any lenders?
13 November 2024 | 66 replies
As an investor and disabled veteran (although you do not have to be a veteran), I am exempt from the VA loan funding fee too. 5% down on 30 year notes most recently at 4.5% is legit.
Eric Hempler
Raising capital for someone else's syndication (co-gp)
4 November 2024 | 21 replies
Further, you must be admitted to (or employed by) the company that is selling the securities, as the securities exemption being claimed, usually Regulation D, Rule 506, only applies to the “issuer” of the securities.
Zac Kucharek
First House Hack Tax Planning
7 November 2024 | 7 replies
If you live there 2 of the last 5 years then you’ll qualify for the homeowners exemption on the capital gains but you’ll still have to pay depreciation recapture.