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24 February 2020 | 6 replies
PM me your email address if you want me to make an introduction to Kara Doyle the president of commercial lending at JDCU.
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25 February 2020 | 3 replies
., R-Hialeah, needs to clear one more committee before a full vote in the Senate.The Florida Restaurant & Lodging Association has opposed vacation-rental legislation in the past, but Carol Dover, the group’s president and chief executive officer, told The News Service of Florida on Thursday that she’s backing the proposals.Dover praised House and Senate leaders for their work on the effort this year.
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25 February 2020 | 12 replies
Expect a wild ride as we get closer to the election.
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27 February 2020 | 16 replies
We could elect to sell it then if we choose.As someone pointed out, the house has been appreciating quite well, so we may as well let it ride and continue to collect the rent.
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24 February 2020 | 1 reply
Politicians throughout history have made promises that they cannot possibly keep in order to get elected to office.
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27 February 2020 | 2 replies
My business partner became president of the HOA, and we just refinanced into a 10-year note for which the property appraised for 2x our purchase price.
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25 February 2020 | 5 replies
My personal opinion on the election, which may color what I wrote below: Trump easily wins re-election; The DNC makes sure Bernie is not their nominee as they are too scared this would lead to a red wave across much of the country.
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1 March 2020 | 4 replies
Office furniture and fixtures are 7 year GDS assets.Absent an electing real property trade or business election under 163(j), and ignoring the land and amortizable intangibles, I'd expect to see 5yr, 15yr, and 27.5/39yr GDS assets only on a residential rental's depreciation schedule.Agree that it's difficult to navigate the tangible property regs and depreciation class lives without a CPA.
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1 March 2020 | 1 reply
Yes, Tanya Montalva, realtor in Rosarito Mexico and also President of the Rosarito Association of Professional Realtors (APIR)
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4 March 2020 | 22 replies
Bernie Sanders wants a 25% “house flipping” tax levied against investors who sell a property at a profit within five years of purchase.He also wants a 2 percent “empty homes tax” on the property value of vacant homes in order to discourage real estate investment.From Bernie's Website"When Bernie is president, he will:Create an office within the Department of Housing and Urban Development to coordinate and work with states and municipalities to strengthen rent control and tenant protections, implement fair and inclusive zoning ordinances, streamline review processes and direct funding where these changes are made.This office will convene key leaders, academics, experts, local officials, renters, tenants, and homeowners to create and implement these necessary solutions.Preempt laws that prevent inclusionary zoning for luxury developments.End exclusionary and restrictive zoning ordinances and replace them with zoning that encourages racial, economic, and disability integration that makes housing more affordable.Require that recipients of federal funding from the Department of Transportation and the Department of Housing and Urban Development make these important zoning reforms.Provide funding to states that preempt local exclusionary zoning ordinances to make housing more equitable, accessible and affordable for all.Make federal funding contingent on creating livable communities.Encourage zoning and development that promotes integration and access to public transportation to reduce commuting time, congestion and long car commutes.Prioritize projects that reduce greenhouse gas emissions, create walkable and livable communities, and reduce urban sprawl.Encourage zoning and development designed to expand and maximize the number of units fully accessible to people with disabilities.Place a 25 percent House Flipping tax on speculators who sell a non-owner-occupied property, if sold for more than it was purchased within 5 years of purchase.Impose a 2 percent Empty Homes tax on the property value of vacant, owned homes to bring more units into the market and curb the use of housing as speculative investment.Encourage “circuit breakers” on property taxes to protect homeowners in gentrifying neighborhoods from being priced out of their own homes as their property values rise.READ MORE: https://berniesanders.com/issues/housing-all/From my point of view, anything that impedes or obstructs REI's cash flow is a bad thing.