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17 January 2025 | 20 replies
They don't mind higher vacancy rates then SFH might be an option.
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8 January 2025 | 9 replies
Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.
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4 January 2025 | 3 replies
One big thing to keep in mind is that Daytona Beach itself is not very STR friendly.
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4 January 2025 | 12 replies
It’s great to hear your perspective on appreciation versus cash flow—it’s something I’ll keep in mind as I refine my strategy.You mentioned local meetups in Northern New Jersey—do you (or anyone here) know of any good ones closer to Somerset or Middlesex counties?
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9 January 2025 | 43 replies
Keep in mind that BP Pro members will get 15% off the subscription price and $100 in in-app wallet credits for paid plans, as Jenell mentioned.
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9 January 2025 | 46 replies
But I am still shopping before making up my mind.
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30 December 2024 | 3 replies
I just sent you a DM/connection request to discuss this 1:1.
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3 January 2025 | 14 replies
There is no way to contact them by phone to dispute frivolous charges and request help for their site issues.
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5 January 2025 | 13 replies
Mistakes and miscommunication cost people money.I did ask him to explain his transaction, not an uncommon request, but he has failed to answer it."