
11 November 2024 | 8 replies
.: There IS going to be a big impact on Real Estate, especially for Single Family and small Multi-Family that is Owner Occupied.The SALT Deductions are slated to expire at the end of 2025.Trump has already said that he will allow it to Expire:https://about.bgov.com/insights/elections/2025-tax-policy-cr...This is NOT a small change.The Standard Deduction gets reduced by about 40%.Then you get to deduct the SALT (State and Local Tax) that you paid PLUS up to $1 Million in Interest from your Mortgage against your Federal Tax Return.The only limiting factor will be AMT (Alternative Minimum Tax).In 2017 when this Cap was put into place, it made sense.However, now that the average Home sells for about Double what it was back in 2017, many normal Americans can benefit from the Expiration.I'm hoping that the Trump Administration does not extend the Cap.Too many people will love him more if he allows it to Expire!

11 November 2024 | 14 replies
Now she is interested in getting involved and is open to a career change.Question: Is there a job she could transition to where she would match her current salary and benefits?

11 November 2024 | 11 replies
For instance, having a network of experienced investors can help you navigate challenges and identify profitable opportunities more quickly.Another consideration is the potential benefits of passive income.

12 November 2024 | 17 replies
I know there are some folks who rent two units in the sam building separate but also are able to combine them for bigger groups and having that flexibility could benefit you!

11 November 2024 | 5 replies
Maybe they benefit and that's great, but a large part of valuing wealth and what it afford comes in the struggle to obtain it.

12 November 2024 | 15 replies
As a property manager, creating a standard that establishes the trifecta of benefits and tension is good.

10 November 2024 | 1 reply
It's a great opportunity to be here and one thing that brought me to this community is the idea that we will not swindle grandma but we want everyone to benefit from our deal.

11 November 2024 | 8 replies
That was the biggest benefit that came up time and again was the amount of time that they stay in the property reducing turnover.

16 November 2024 | 12 replies
You can certainly buy a property that cash flows immediately, but once you add a property management fee and the cost of someone to clean it between rentals (which can be much more expensive than an average cleaning if they have to do a trash-out), it may negate the benefit of buying in a lower-cost area. 3.
11 November 2024 | 3 replies
I cannot think of a way that you (the LL who stands to "benefit" by them repairing their own space that they are paying you to use) will come across in a positive way.Plus, the tenant who incurred damage due to the other tenant's leak, may have some legal rights to have the tenant with the leaking pipes pay for the repair in both spaces.Now, beyond the legal side, you also need cognizant that most mom and pop tenants (which I assume these are) are not great with their money.