
26 June 2024 | 32 replies
Also if you're thinking about having a family, be cognizant of the health of it to keep moving for strategy versus peace of mind.

27 June 2024 | 26 replies
The best places to invest go off of your intentions, price point, and then the one's likely not discussed publicly.

26 June 2024 | 6 replies
Read IRS Publication 523 on Sale of a Residence.

28 June 2024 | 17 replies
Hey @YuYing ChenGlad to see you getting back to it and making a "public" declaration for accountability.

26 June 2024 | 8 replies
Depending on where you incorporate your name will still be recorded on the public record with the Secretary of State.

25 June 2024 | 10 replies
I was thinking more about people who would do MTR like a travel nurse/corporate professional with convenient public transportation vs. renting a car for a couple of months.

25 June 2024 | 2 replies
This can involve public hearings and meeting specific requirements.Surveyor: Hire a surveyor to map the property and define the boundaries of each condo unit.Legal Counsel: Work with a real estate attorney to ensure all legal requirements are met and the condo conversion is properly documented.Financial and Operational Considerations:Condo Fees: Determine the monthly condo fees for maintenance, repairs, and other communal expenses.Insurance: Ensure proper insurance coverage for the condo association and individual units.Reserve Fund: Establish a reserve fund for future repairs and maintenance.Tax Considerations:Initial Purchase with 1031 Exchange: 1031 Exchange Basics: By using a 1031 exchange, you defer capital gains taxes on the sale of your previous property by reinvesting the proceeds into a new like-kind property.Down Payment and Financing: You're putting down $220,000 and financing the remainder at 8% over 20 years, resulting in a monthly payment of $2,593.Converting to Condos and Selling Units:Capital Gains Deferral: The 1031 exchange allows you to defer capital gains on the initial exchange.

25 June 2024 | 4 replies
This will give you a clearer picture of what you can expect in terms of rental income.Neighborhood Appeal: Evaluate the neighborhood's appeal by considering factors such as proximity to schools, parks, shopping centers, and public transportation.

24 June 2024 | 8 replies
(If you would like to track market expectations of rate changes, the FedWatch tool from the CME Group is extremely useful.)However, yields and mortgage rates can be greatly changed by Federal Reserve actions—the real drivers are the policy press releases and press conferences (typically scheduled for the early afternoon, a couple of hours after the publication of the decision).

24 June 2024 | 4 replies
These websites often include project proposals, public notices, and contact information for city planners.Local Newspapers and Publications: Stay updated with local newspapers, magazines, and community newsletters.