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12 January 2025 | 8 replies
If you did a cost segregation study on the property in the past, you may have to recapture the depreciation taken in the past.capital gain tax rates are 0, 15 or 20%There is also a potential 3.8% Net Investment Income Tax.Also, don't forget state income taxes depending on what state the property is located or your state of residency.Best of luck!
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6 January 2025 | 6 replies
In that case, I told them to pay till May as that was the only time I was able to get applications.
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12 January 2025 | 2 replies
@David Sohn It depends on what your purchase price is.
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15 January 2025 | 12 replies
However, this rule is more property- or activity-specific and can be easier to meet than the 750-hour rule, depending on your portfolio size and involvement level.
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14 January 2025 | 9 replies
The members here on BP that talk about STR auto-run systems didn't install those systems and find dependable cleaners & handymen overnight.
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12 January 2025 | 8 replies
The precise property forecast can vary depending on a lot of factors but the general demand is really what you should use the tool for to make your plans.
8 January 2025 | 3 replies
@Mohamad Guene Regarding your question, it really depends on the investor.
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14 January 2025 | 3 replies
Alternatively, I have spent the last decade doing technical work in cybersecurity, and can land a job between $140k-$190k (depending on where in the US).
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22 December 2024 | 4 replies
Applicant shows a DUI class B misdemeanor from 2021 - “driving while intoxicated”.
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11 January 2025 | 7 replies
It depends if you need or want the money out or want an asset that will bring in income, especially since you own it cash.