
16 October 2024 | 25 replies
Hey Mohit,Houston’s a great choice, especially with the job growth and affordable housing here.

9 October 2024 | 1 reply
It allows a substantial portion of the asset's cost to be deducted in the first year of service.In 2023, the bonus depreciation rate is 80%.In 2024, it decreases to 60%.In 2025, the rate further reduces to 40%.COST SEGREGATION:Cost segregation involves dividing a property into its individual components for tax purposes.Some parts age faster, like carpets or paint.Your CPA can use this info to more accurately depreciate elements of your property leading to potential tax savings.BASIS:Your basis is the initial price that you paid for your property, including any expenses or improvements.Knowing your basis is crucial for tax purposes, as it's used to evaluate depreciation & determine the capital gains or losses if/when your property sells.LAND VALUE:This is how much your land is worth without any buildings or improvements.Land doesn't get old like buildings, so you can't depreciate it.

8 October 2024 | 4 replies
There are 7 material participation tests and these are the 3 most common for real estate investors AND you need to meet one of them: Spend more than 500 hours on your rental businessDo substantially everything for the rental businessSpend more than 100 hours on the activity and no one other individual spends more time than you doAnother way to offset non-passive income (e.g.

10 October 2024 | 31 replies
I’m also at a life stage, where I’d prefer to just live with my partner and not rent out individual rooms in my unit.When I move out, the rental income would sometimes just barely cover the mortgage and taxes (usually not even insurance).

12 October 2024 | 25 replies
Cities then have no choice but to reduce services.
12 October 2024 | 2 replies
Over 20,000 financial institutions are supported.How to get it: Kubera can be accessed with any web browser or the Kubera app, which is available for iOS and Android devices.Cost: Kubera is $150 per year for individuals and $225 per year for families.
10 October 2024 | 0 replies
You’ll find like-minded individuals, potential sellers, or others who might give you a tip about a property that’s about to be available for sale.

5 October 2024 | 0 replies
Here’s what a 'co-ownership consultation' would look like:- We review an active listing of your choice to:- Build a cost-of-co-ownership model for the property which includes:- Individual ownership and ongoing cost assumptions- Modeling potential rental income for short-term rentals- Modeling financial outcomes from various exit scenarios- Tax benefits and considerations of shared homeownership- Pros/cons of different ownership structures (joint tenancy, LLC, tenants in common, etc)- Talk through the legal agreements (I am not a lawyer and this is not legal advice but I do have extensive knowledge about TIC and other co-ownership agreements)- Briefly discuss some of the ways AI is making the work that goes into successfully managing a shared home easierIf you're interested, here's what I'm asking:- You’re a U.S. citizen or permanent resident interested in co-owning in the U.S.- You choose a property that’s actively listed and something you'd realistically be interested in co-owningShoot me a message if you're interested and open to 30ish minute chat.Thanks!

9 October 2024 | 10 replies
If you click on the individual owner page there is an error but you can still submit an application to list and you can still see listings so there is nothing indicating that they are stopping operation that I could see.

9 October 2024 | 9 replies
Your best bet for locating and connecting with this individual is on BiggerPockets or your local REI meet-up.