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7 February 2025 | 5 replies
Your starting depreciable basis should have been the LOWER of what you paid or the FMV in 2010 when you converted it to a condo.
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21 February 2025 | 10 replies
Once you convert the former investment property to your primary residence you will then start to convert a proration of the gain from tax-deferred to tax free (according to the number of years it was rented/lived in).
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29 January 2025 | 28 replies
just start generating leads and start talking to people and when you’re not doing that educate yourself also hire a mentor just basically get active..
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30 January 2025 | 4 replies
This will help out tremendously when I start shopping for an agent.
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30 January 2025 | 6 replies
Could you please suggest how I can start and what steps I should take?
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28 January 2025 | 6 replies
That being said, if you're 23 and you don't own a home, I really do recommend starting with a house hack as you don't need the 25% down capital to get started and you kill 2 birds with one stone by getting a rental and having a roof over your head.
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24 January 2025 | 21 replies
Slow start but hoping to gain momentum.
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1 February 2025 | 5 replies
In the end I refinanced THE DAY rates bottomed and they immediately started going back up.
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1 February 2025 | 17 replies
Each room will have a separate lease on it with a separate deposit following normal property management practices, and like you said, the leases have different start dates.
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7 February 2025 | 17 replies
I'm still learning, but I'm glad I started investing in more real estate.