Paloma Wodehouse
High Priced First Buy
8 January 2025 | 9 replies
Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.
Mary Peale
Seeking Advice on STR Profitability & Strategic Adjustments for Year 2
15 January 2025 | 15 replies
I would try to maximize revenue through things like additional marketing/platforms for example adding VRBO in addition to Airbnb etc, as well as employing pricing software.
Fulati Paerhati
What is the good location to buy a rental property for 250k cash ?
31 January 2025 | 57 replies
Plus the infrastructure is growing, Section 8 is a great source for tenants, and there is a bunch of large employers there.
Kris Kempe
Subject to exit strategy PLS HELP
22 January 2025 | 13 replies
They tend to all have good incomes, little to no credit, and are self employed with lots of family.
Stephanie Medina
How to leverage 401k accounts
27 December 2024 | 3 replies
For those of you that have good w2 income and want to take advantage of employer matching (100% return!)
Levi Perl
When to lower rental listing price?
3 January 2025 | 18 replies
Your ad should require "proof of income" not proof of employment.
Kyle Carter
Apartmetnts with all section 8 tenants
5 January 2025 | 7 replies
The higher credit, higher income, gainfully employed S8 tenants are choosy about where they live and do not want to live in a bad, high crime area.By buying in an area that appeals to high quality S8 tenants, the arbitrage that you might see between S8 being higher than market might disappear.So that being said, it’s more important to lead by location than strategy.Happy to talk further if you like.
Marcus Stokes
fix and Flip
18 January 2025 | 21 replies
Tax-wise, profits are taxed at your ordinary income rate, and frequent flips may subject you to self-employment tax if classified as a dealer by the IRS.
Jonathan S.
Passive Real Estate Investing
15 January 2025 | 10 replies
These are primarily found in cities with a metro population >1M.Pro-business environment: Many cities treat employers as adversaries through restrictive policies.
Don Konipol
COMMERCIAL Mortgage Broker Licensing Requirements by State
28 December 2024 | 16 replies
It seems like this would have to be some preset terms under employment agreements.