
15 August 2024 | 86 replies
I would add have an unbiased party (maybe another experienced local investor, someone not involved with the sale of the property) do a detail video walk-through and pay them $100 or $120 before submitting an offer.With overextending yourself and leveraging too much, I've decided not to buy anymore and take out more mortgages at 7% rates for now.

8 August 2024 | 17 replies
I watched a video/podcast once that showed a tool/site which allowed you to see what amenities the most offered amenities were in any given market/area ranked from highest to least (like A/C, pool, grill, etc).

7 August 2024 | 8 replies
However, the remaining gain not covered by the Section 121 exclusion is taxed at your ordinary income tax rate.Here's how the calculation typically works:Calculate the Depreciation Recapture: The $9,000 of depreciation would be recaptured at a maximum rate of 25%, which is $2,250 (25% of $9,000).Calculate the Remaining Gain: Subtract the excluded amount (Section 121 exclusion) from the total gain: $100,000 (Total Gain) - $9,000 (Depreciation Recapture) - $250,000 (Section 121 Exclusion) = $0Tax the Remaining Gain at Ordinary Income Rate: Since the remaining gain is $0, there would be no additional tax on the gain.So, based on this calculation, it seems like there should not be any additional tax owed after taking into account the Section 121 exclusion and the depreciation recapture at a maximum rate of 25%.It's essential to review your calculations and ensure that you are accurately applying the exclusion and depreciation recapture.

6 August 2024 | 38 replies
I've been watching a lot of videos, listening to podcasts, and reading books to educate us on real estate investing.We are in the process of seeking an agent as well as mentorship from seasoned professionals to navigate the complexities of the market today.

7 August 2024 | 9 replies
Often when I work with real estate investors to create asset protection strategies, most tend to prefer a simple asset protection structure (something low-cost that does the job essentially).

7 August 2024 | 14 replies
thank you all for your insight. preferred returns and distributions are super confusing to me. anyone know of a youtube video, book or podcast that explains the capital stack a little more in depth?

7 August 2024 | 3 replies
Its essentially the same as a reverse mortgage.

6 August 2024 | 17 replies
I found my path in the real estate world and it's because of the wide variety of education I received from the subto training videos and community.

6 August 2024 | 20 replies
@Sergio Diaz you may want to watch this video about S8 tenants:Section 8 Eviction in Cleveland.

6 August 2024 | 24 replies
The videos they send to you daily seem very convincing.