Veronique Leroy
ISO 10+ residential units
30 January 2025 | 10 replies
@Jimmy Lieu I thought the same thing until I found the property portfolio linked above for @Veronique Leroy.
Melanie Baldridge
A post on recapture.
21 January 2025 | 2 replies
This is most of the depreciation you are taking year one.You can calculate your depreciation recapture by taking the sale price of the asset and subtracting the adjusted cost basis.The adjusted cost basis is what you paid for the asset plus any improvements you made along the way minus the depreciation you took along the way.The profit above this original cost is taxed as a capital gain, but the part linked to depreciation is taxed at a maximum rate of 25% under the unrecaptured gains of section 1250.To recap the tax rates are:- Sec. 1250 real property: 25%- Sec. 1245 property and 15 year 1250 property: Ordinary Tax RatesThere are ways to minimize depreciation recapture especially if you know how to work smart with your CPA.1) Asset Valuation at Time of Sale - Sellers can minimize recapture by reallocating the price of the assets on sale.
Ryan S.
My first STR in Aspen, CO
24 January 2025 | 13 replies
Here is the link: https://www.realtor.com/rentals/details/124-E-Durant-Ave-Apt...
Giuseppe Di Pietro
Pergola Recommendations for backyard in Clearwater, FL
13 January 2025 | 5 replies
Thanks for the link, I'll check it out.
Kate Zieverink McMinn
New to ADU - Checklist or Cheat Sheet?
17 January 2025 | 6 replies
The issue is the laws should not allow this.https://www.cbs8.com/article/news/local/working-for-you/new-...Adding a single small unit is expensive residential development.
Henry Jay
New to Investing in Real-estate
14 January 2025 | 3 replies
A link to FilePlace is at the bottom of every page, making it easy to find.If you have technical issues, email [email protected], and someone will help you.
Justin Brin
Where is everyone moving to?
29 January 2025 | 10 replies
I can send a million articles, but i encourage you to go to maricopa.gov in addition to the city websites where you will see all the development going on here at a micro level.
Joseph Hossenlopp
Minoan to furnish rental properties
17 January 2025 | 28 replies
Quote from @Joseph Hossenlopp: Quote from @Matt Mertz: In addition to cheaper prices through Minoan, they set up a site for your property with affiliate links in it.
Keyshawn Johnson
Moving to Destin, FL Soon – Looking to House Hack My First Property with VA Loan
25 January 2025 | 5 replies
For VA loans, here are some solid options:Veterans United (veteransunited.com)Navy Federal Credit Union (navyfederal.org)Caliber Home Loans (caliberhomeloans.com)USAA (usaa.com)Not sure if I can post a link here in the forum.
Daniel LeGare
Hello BiggerPockets! New PRO here
10 January 2025 | 7 replies
This team consists of an Investor Focused Agent, Lender, Contractor, and PM.Read this article on the "core 4".