Troy Parker
Renting your first rental to a friend
26 January 2025 | 11 replies
If you need to get it rented fast, a great property manager would list the home for $2100 (below market) and get several quality applicants competing against each other to drive the price up to the max so you don't risk vacancy by starting out too high and gradually reducing to find the sweet spot.
Alice Fairbairn
Maximizing ROI: 3 Key Features to Focus on in Short-Term Rental Properties
14 January 2025 | 9 replies
This can drastically reduce the property's value and cause unexpected headaches.I’m curious—what features do you prioritize when looking at short-term rentals?
Tom Rairdon
Tax considerations when selling a short term rental
12 January 2025 | 8 replies
To reduce taxes, offset gains with selling expenses (e.g., commissions, fees) and consider a 1031 exchange to defer gains by reinvesting in another property.This post does not create a CPA-Client relationship.
Bruce M.
Large RV or Boat - Tax incentives, Tax strategies
13 January 2025 | 7 replies
Looking for various tax strategies to reduce the reality that a large RV or boat is a grossly depreciating assetI would not have a loan, so claiming it as a primary or secondary residence and claiming the mortgage deduction is not applicable.I sold my primary residence and I have several rental properties which I use as I'm fixing them up.What I'm pondering is living aboard and working aboard developing a new product, while traveling.
Stanley Nguyen
Tax on private lending fund
21 January 2025 | 14 replies
@Stanley Nguyen Interest income from private lending is taxed as ordinary income, which can significantly reduce your effective return.
Brittney Yang
How To Structure A Partnership For Duplex Investment
29 January 2025 | 7 replies
Capitalize renovation costs to increase the property’s basis and reduce future taxable gains.
Marcus Stokes
fix and Flip
18 January 2025 | 21 replies
Stick to areas you know well; this familiarity can greatly reduce risk and boost your confidence when making purchasing decisions. 2.
Zachary Kotiadis
*Using an FHA loan, can I move during the first year?*
17 January 2025 | 9 replies
If this job popped up out of the blue, your intent was not to move within the 1st year, so you may be ok.If you are planning on building a portfolio of homes, it is safest to stick in your home for 12 months to reduce the appearance of potential fraud.
Sonu Sundar
Dubai real estate investment
27 January 2025 | 35 replies
What are your thoughts on the market now, post-covid and with rentals/prices at a significantly reduce price from last year?
Travis Boyd
Seeking advice on potential first deal - off market 6 unit apartment
18 January 2025 | 6 replies
With this, along with shifting the utilities to the tenants and reducing the management fee to generate an NOI of around $103k, I'd estimate the value around $1.8M to $2.0M