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23 September 2024 | 14 replies
If you perform a 1031 exchange, you may avoid immediate recapture taxes, but long-term holding strategies must account for eventual recapture.4.
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24 September 2024 | 15 replies
If you do fall within either, you are permitted to ask if an animal is a service animal, and (if it is not obvious) what task(s) it has been trained to perform.
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25 September 2024 | 18 replies
@Shyam Subramanyan Yes, you can perform a cost segregation study on your STR properties for the 2023 tax year, even for properties acquired in 2018, 2021, and 2022.
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23 September 2024 | 10 replies
Highlighting the STR revenue potential, especially in a prime location, could attract investors looking for both income and future appreciation.Steps to take:Prepare a detailed financial breakdown of the property's current performance and future projections.Include comparables in the area to show both STR potential and anticipated appreciation.Offer flexibility in the buyout terms (e.g., structuring it as an installment plan if needed).If you can’t find an individual investor, you might look for a property management company or real estate investor group that specializes in STRs.
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20 September 2024 | 8 replies
@Leo CuomoRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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21 September 2024 | 7 replies
Good Evening BP members, I am looking to take equity out of a very strong performing long term rental.
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20 September 2024 | 11 replies
However, I am not sure how the property would perform as an MTR.
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22 September 2024 | 9 replies
There is a lot of new development moving south and west of Notre Dame.As for the specific neighborhoods - I think you can simply refer to the Trulia crime map as it tends to be pretty accurate.