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8 February 2025 | 2 replies
I heard that one of the new laws that went into effect 1/1/25 in CA requires landlords give tenants photos of any areas/issues that were a cause for security deposit deductions.Thanks in advance for any input !
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1 February 2025 | 1 reply
Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.
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20 February 2025 | 8 replies
If purchasing new real estate as part of your reinvestment, a cost segregation study can maximize depreciation deductions, offsetting future taxable income.For effective planning, assess how the sale price is allocated between real estate, tangible assets, and goodwill, as this determines the tax treatment.
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19 February 2025 | 32 replies
You are effectively turning the unit every year or two, even when the tenant stays in place.
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19 February 2025 | 7 replies
Having a tenant will not effect the appraisal in anyway.
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5 February 2025 | 6 replies
Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).
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18 February 2025 | 4 replies
You continued to promote NB Private Capital (Brian Nelson’s firm) until the Dec 2020 when Covid hit in Q1 2020 and the effects were already known within the first month or two.
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11 February 2025 | 12 replies
He's already making (effectively) around $350/hr - if he's paid on production he could also just make another $175k a year with those hours.
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31 January 2025 | 3 replies
Quote from @Sheraz Zia: Hi everyone,I’m managing the digital marketing for a real estate business, and I’m exploring PPC ads to generate leads more effectively.
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23 February 2025 | 2 replies
I agree with @Isadore Nelson, there will be an initial sting due to to the IRA transaction but with quick math at 8% your 60k will generate about 4.8k in year one, in 4 months at 1.3k you've already eclipsed that, their will also be a larger tax for passive income and an initial penalty from the IRS, but it won't erode the 8 month difference let alone the yearly compounding effect.