Kyle Kulhanek
Retitling a property to an LLC - Chicago
23 January 2025 | 7 replies
Depreciation begins once the property is rented.It’s essential to consult with a real estate attorney to ensure compliance with local laws and to handle legal complexities.
Craig Jones
STR hotel makeover
22 January 2025 | 15 replies
April is the only real low month.It's a funky place -- essentially a 5 room motel (originally built 1959) with a manager's unit (built 1984) tacked onto it.
Esther Kamga
How to find Leads
24 January 2025 | 2 replies
As a licensed contractor, I’ve worked with expediters and know how essential your role is.
AJ Wong
Could Trump shock Short Term Rental markets with Tax Loop Hole for AirBnB Investors?
24 January 2025 | 6 replies
President Trump’s nominee for Treasury Secretary, Scott Bessent, testified that extending the ‘Tax Cuts and Jobs Act’ of 2017 is essential to avoiding economic catastrophe.
Austin Wolff
Does Oklahoma really have the highest insurance in the nation?
11 January 2025 | 15 replies
FL has a ridiculous number of low-value properties, everything from essentially campers on 55+ lots to MH parks everywhere to run-down shacks in much of the rural areas, all of which is going to drag down the average premium.
Paul Stewart
Debunking the Easy Money Myth
24 January 2025 | 4 replies
I used to do essentially free consulting with new investors on it but gave it up for some of the same reasons - everyone thinks you can just sit at home and buy good properties across the country that are in great shape.
Tariq B.
Interest Rates on Commercial Loan?
27 January 2025 | 4 replies
Happy to connect if you have all essential details.
Niklas Zhu
Cost segregation recapture on a teardown property
27 January 2025 | 2 replies
If a cost segregation study was performed, the accelerated depreciation may further reduce the property’s basis, potentially increasing taxable capital gains when sold.Depreciation recapture will occur when you sell the personal residence, so it’s essential to keep detailed records of all depreciation claimed while the property was used as a rental to ensure accurate tax reporting at that time.This post does not create a CPA-Client relationship.
Renee Tan
How can I learn Yardi?
16 January 2025 | 9 replies
It's essential for me to acquire these skills as I navigate potential roles in the real estate industry.If you have any insights, recommendations, or perhaps know of specific training programs or resources for learning Yardi, I would greatly appreciate your guidance.
Maranda Tucker
Top Neighborhoods in Charlotte, NC : Cashflow vs Appreciation
22 January 2025 | 0 replies
However, be cautious—newer “B” properties are sometimes built in “C” neighborhoods, so careful due diligence is required.Monroe: As mentioned earlier, Monroe strikes a balance, making it a versatile option for investors.Trends to WatchTransit-Oriented Development: Areas near light rail expansions are seeing significant value increases.Suburban Growth: The suburbs around Charlotte, including areas like Concord, Huntersville, and Monroe, are experiencing steady growth as people seek more affordable housing outside the city center.When investing in Charlotte, aligning your neighborhood choice with your goals is essential.