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Results (10,000+)
Keith Barnum Second auction of property in 3 months...
13 October 2024 | 4 replies
In saying that, I did school myself but not all I learned may be fact.
Carrin Johnson Bill Summary: AB 1771 The California Housing Speculation Act: Impact on Fix and Flip
11 October 2024 | 2 replies
Assembly Bill 1771, also known as the California Housing Speculation Act, aims to change real estate tax policy to discourage investors from quickly reselling properties like single-family homes.Under the proposed bill, an additional 25% tax would be imposed on the gain from the sale of a qualified asset (including homes) within three years of the previous sale.The tax reduction is dependent on the number of years passed since the initial purchase of the qualified asset, ranging from a 20% reduction for sales occurring between 3.01 to 4 years to a 100% reduction for sales occurring more than seven years after the initial purchase.The revenues generated by this tax increase would be deposited into the Speculation Recapture Community Reinvestment Fund, which aims to support affordable housing, local governments, schools, and infrastructure projects.The bill is introduced by Assembly Member Ward, and the proposed tax changes would take effect from January 1, 2023.Assembly Member Ward argues that short-term investors in the market, including fix and flip investors, contribute to rising housing prices, limiting opportunities for Californians to purchase homes.While the bill may discourage short-term speculative transactions, it is worth noting that California's tax laws still provide certain advantages for investors, including unlimited tax write-offs and depreciation benefits.The bill is subject to legislative approval, and Assembly Member Ward will speak publicly about the bill at the San Diego County Administration Center on a specified date.Please note that this is a simplified summary of the bill and its potential impact on fix and flip investors.
Account Closed 10 Best Net Worth Trackers
12 October 2024 | 2 replies
It can also be used to track various sources of rental income to help you manage your cash flow.How to get it: Goodbudget is available from the App Store for iOS devices and Google Play for Android devices.Cost: Goodbudget offers a free plan with 10 regular envelopes, 10 “more” envelopes, one year of history, and debt tracking.
Michael Clifford Atlanta Property Management
11 October 2024 | 2 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
Sanjeev Advani 5 Key Factors for Hiring the Right Property Management Company
11 October 2024 | 2 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
Dennis Smith Question about values after a natural disaster
11 October 2024 | 12 replies
Not everyone can just pack up and leave to a different state: people have jobs, families, etc. and many want to stay in the same school district for their kids.
Sakarya A. Somalia Mogadishu landowner at 23
11 October 2024 | 3 replies
Yes a war torn country with over a 30 year history of conflict and war.
Karen Smith Key Qualities to Consider in a Borrower Before Offering Private Money Loans
11 October 2024 | 17 replies
I share with our lenders the the addresses and a brief summary of some of recent deals including their history and outcome.
Bruce Tieu What makes a good mid term rental market?
11 October 2024 | 7 replies
Remote work, travel nursing, school.
Jonathan Greene If You Never Want To Hear About Columbus In the Forums Again, Reply Here
20 October 2024 | 147 replies
Post history would confirm that.I called him out for preaching that (finally) after trying to say that, yet giving the opposite advice for the past few years indirectly.