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7 January 2025 | 16 replies
It was a lot of hands-on work, many business expenses and some capital expenses but it was worth it.
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1 January 2025 | 22 replies
I have a hard time visualizing things myself so using Alex has been a god send, here's her website https://www.cheatsheetdesign.com/ It's around $400 for her help and personally is worth it to me just to save my time!
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27 December 2024 | 4 replies
Role-playing. . you paid $300k 10 years ago, it’s worth $660k, (so when you sell you net $600k to make math easy.)and your cpa determined that you owned zero land, so it’s all depreciatable. you owe 15% on the $300k gain plus 25% tax on $109k depreciation recapture, so you owe $70k in federal taxes, then California reaches out for another $30k?
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31 December 2024 | 3 replies
It’s a short term rental started in Oct 2024 and earning during this off season is under $10K but cost segregation has nothing to do with rental income only depreciation of the property and with bonus depreciation being 60% this year I think it’s worth it.
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9 January 2025 | 46 replies
Hi Hanon, For what it's worth we've taken great steps to give our clients a better experience going forward.
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28 December 2024 | 23 replies
Risky too compared to just holding stocks or bonds.I'm not even worth that much money so I have to ask the more experienced and successful investors on this forum: what keeps you going?
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6 January 2025 | 28 replies
But because he did poor in RE investing (with virtually every mistake possible), RE investing is not worth it.
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2 January 2025 | 37 replies
True, but that doesn't mean the other people there aren't worth meeting.
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30 December 2024 | 15 replies
.✅ Thirdly, in regard to objectionable tenancy and nuisance caused by disruptive tenants, you will need to document these violations with undeniable evidence.Because police reports are not usually able to be procured due to disturbances like drug trafficking or domestic violence, you’ll need to take matters into your own hands on producing that documentation.I recommend getting security cameras installed in all common areas and outside your properties.I’ve used SimpliSafe security cameras but you’ll need to install WiFi service at your properties so that you can maintain recordings in the event of violations and add to your lease that any tampering with said cameras constitutes a lease violation as well.This is still developing and once we get further clarity, we will host a round table with legal experts on how to best protect our properties and residents.
18 December 2024 | 2 replies
Hello all,
I'll get right to it. I am in discussions to seller finance a townhome-style quadplex. Each unit is 2 bed 1.5 bath. Total sq. ft = 4500. Property sits on 1 acre. Paved lot with plenty of room for cars. Rur...