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22 February 2025 | 3 replies
It's on a Main Street (Perry BLVD), and it is on a bus line.About 8 months ago, one unit went vacant, and we can't find another tenant no matter what we try or how low we go with the posted rent.
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11 February 2025 | 5 replies
So I recently posted about how many realtors to contact and work with.
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8 February 2025 | 7 replies
I have been on BP a long time and maybe about eight years ago , a person had a small chance of finding a posted house for sale here that can be flipped.
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10 February 2025 | 11 replies
Rewey: Great post topic...I'm going to pop some popcorn and will be back for the show.Just to get things rolling.
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7 February 2025 | 11 replies
The first and most important step is to post the 10 day demand for rent letter to get the clock started.
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9 February 2025 | 2 replies
More realistic to raise the QOZ money to participate in the post entitlement construction and stabilization hold period or alternatively entitlement through stabilization/hold period.
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14 February 2025 | 19 replies
I think you confused my quoting Brown's posting as my own work.
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18 February 2025 | 9 replies
However, you can reduce tax liability by:Converting the flip into a rental for at least a year, allowing for depreciation and potential 1031 exchange benefits when selling.Offsetting gains with deductions, such as accelerating business expenses or using cost segregation for rentals.Using an S-Corp for future flips to lower self-employment taxes while keeping rentals in an LLC for liability protection.Deferring deductions to 2025 if your 2024 taxable income is high.While a 1031 exchange isn’t an option for flips, strategic tax planning can help minimize taxes.This post does not create a CPA-Client relationship.
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19 February 2025 | 7 replies
+1 for @Shiloh Lundahl @Eric DeNardo.Search for his posts and you will see he has some fine STRs down there.
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13 February 2025 | 4 replies
Thank you for posting this.