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10 February 2025 | 10 replies
It will teach you how to effectively manage your own property giving you the tools and guidance to be able to manage a property manager down the road.
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5 February 2025 | 6 replies
In my experience, using a hybrid model—combining traditional realtor showings with self-guided tours—has proven to be an effective strategy.
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31 January 2025 | 3 replies
In your case, changing the property from a rental to your primary residence constitutes a change in use.The depreciation recapture will be calculated based on the fair market value of the building at the time of conversion, not including the land value.Since you're tearing down the existing structure, the entire amount of depreciation taken over the past two years will likely be recaptured, as the building's value at conversion will effectively be zero.The recaptured amount will be taxed as ordinary income, up to a maximum rate of 25% for residential rental property (Section 1250 property).
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1 February 2025 | 5 replies
If it won't have any effect then don't do it.
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28 January 2025 | 11 replies
Does anyone know when this went into effect?
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15 February 2025 | 21 replies
If you pay cash, you don't have a payment, but effectively you are giving up an income stream if the cash had been in a bond or ETF and earning you either interest or appreciation.
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30 January 2025 | 62 replies
Will they be able to effect mass deportation day1, week1, month1, HELL YES.
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1 February 2025 | 23 replies
This approach could be the fastest and most cost-effective way to regain possession of the property and prepare it for new tenants.4oShe put in the post that it's located in Edmonton, Alberta, Canada.
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15 February 2025 | 77 replies
Whether interest accrues or is paid immediately, it is the same amount of expense and no effect on PROFITABILITY.
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30 January 2025 | 7 replies
TIAHi Dawn, regarding your occupancy, with in effective dynamic pricing policy, you should still be able to beat the market while weeding out “bad” guests.