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3 September 2024 | 7 replies
Live There: After the rental period, you can move in and must live there for at least 2 years to qualify for the primary residence exclusion when you eventually sell.5-Year Rule: You’ll need to hold the property for a total of 5 years to get the full tax benefits.So, rent it out first, live in it for two years, and then you can sell it with significant tax advantages.
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1 September 2024 | 6 replies
But if you have reserves, multiple exit strategies, and the ability to pencil out deals, you will be able to take advantage of these loans easily.
2 September 2024 | 9 replies
By being in Boulder, you have the perfect opportunity to take advantage of the college rental market & rent out your extra rooms to college kids in the area.
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9 September 2024 | 46 replies
I think a lot of the problems you cite can be fixed or at least improved by this - ability to nail it down to better dial in on the searchers you are looking forThe above categories are confusing and have a lot of overlap and there are much better ways to do it, but I will leave it to the imagination as to why no action here has been taken..
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1 September 2024 | 79 replies
I'll use it to my advantage in REI!!!
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2 September 2024 | 24 replies
Finally, two other things that you can look into or talk with your CPA to see if there could be any advantages to you (you may be phased out due to income for some) is the Section 199A pass-through deduction, which would require you to start tracking hours spent on your real estate enterprise, as well as the possible CA SALT tax workaround in case you were interested in deducting more than the $10k state and local tax cap for the next few years.If you need referrals for professionals in any of these areas in the San Diego area, feel free to reach out.
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2 September 2024 | 12 replies
On the other hand, I feel one of the main advantages of passive investments (via syndication/crowdfunding) is that I can hire a manager who has years more experience than I can ever hope to obtain myself.
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30 August 2024 | 6 replies
So for example, a 761 credit score will be in the 760-779 credit category, then going down to 740-759 and so on.2.
2 September 2024 | 8 replies
I know it seems hard and it will take time but take full advantage of the 30 day trial.
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3 September 2024 | 23 replies
There could be significant tax advantages.