Lucas Kirma
College Student -> Full Time (Brand New and Eager to Learn)
29 January 2025 | 10 replies
If you want me to send you my link tree it will show upcoming events at my mortgage brokerage A and N (we host events with multifamily investor groups, and networking events weekly).
Daniel Amsalem
Please help keep northern VA STR-friendly
17 January 2025 | 10 replies
Here's the link to the proposal: https://www.alexandriava.gov/sites/default/files/2025-01/pro...Here's the link to the page where I found the proposal: https://www.alexandriava.gov/zoning/short-term-residential-r...
Ryan S.
My first STR in Aspen, CO
24 January 2025 | 13 replies
Here is the link: https://www.realtor.com/rentals/details/124-E-Durant-Ave-Apt...
Logan Rhea
Thoughts if this property flip Scope of work is too low
23 January 2025 | 5 replies
., HVAC tune-up, plumbing fixes)Deep clean entire property pre-listingEstimated Cost: $5,000Total Estimated Renovation Cost: $145,000Project TimelineWeek 1-2: Planning and DemolitionFinalize design and materialsObtain necessary permitsBegin demolition (kitchen, bathrooms, floors)Week 3-5: Structural and Major InstallationsInstall new cabinets and countertops in kitchenComplete bathroom tiling and vanity installationRefinish or replace flooringWeek 6-7: Painting and FixturesPaint interior and exteriorInstall lighting, hardware, and plumbing fixturesWeek 8: Finishing TouchesLandscaping and curb appeal updatesDeep cleaning and stagingTotal Timeline: 8 Weeks*This link comes directly from our calculators, based on information input by the member who posted.
Keyshawn Johnson
Moving to Destin, FL Soon – Looking to House Hack My First Property with VA Loan
25 January 2025 | 5 replies
For VA loans, here are some solid options:Veterans United (veteransunited.com)Navy Federal Credit Union (navyfederal.org)Caliber Home Loans (caliberhomeloans.com)USAA (usaa.com)Not sure if I can post a link here in the forum.
Derick Jennings
New to this
3 February 2025 | 15 replies
Hello Derick, If you have not already done this, I suggest the Build Your Investing Team> menu/link at the top left of the page on Bigger Pockets and go through the process of building a team.
Bill Goodland
Favorite Tools for Building Distressed Owners Lists
15 January 2025 | 13 replies
This information is then linked in the database—think of techniques like pulling signatures from mortgage documents and extracting unit counts/construction types from building permits.This allows you to search my name and instantly see all of the rental properties and construction projects I own, even though they are well covered by holding companies.
Melanie Baldridge
A post on recapture.
21 January 2025 | 2 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.
Daniel Godbout
MN Property Manager Requirements
7 February 2025 | 17 replies
Perhaps someone else will be able to provide you with first-hand knowledge, but this link (and the links that it provides) may be a good place to start.
Karen Margrave
What do you think of this concept for Seniors, Students, etc.?
25 January 2025 | 5 replies
Common area with linked ensuites. tags: senior, elder, shared housing, tiny homes, student housing, small homes, affordable,