
20 February 2025 | 46 replies
I've had many renters with kids that stapled posters to walls and left hundreds of tiny holes.

6 March 2025 | 7 replies
After Each Exchange I have carried forward the leftover depreciation to the next property.

11 March 2025 | 4 replies
Specifically you can use passive investments (i.e. syndications/crowdfunding) to generate passive losses and use those to offset other passive losses.Ideally you want a "super shielder" where the passive investment shields not only all its own income but has left over depreciation that you can use elsewhere.Also, hopefully you know the benefit is generally only temporary.

6 March 2025 | 5 replies
However, an agent that has off market deals is likely flipping or wholesaling themselves so you may only get leftovers.

4 March 2025 | 5 replies
If the study identifies significant short-life assets (5-, 7-, or 15-year property), you may be able to take bonus depreciation (currently 60% in 2024, phasing to 40% in 2025), which could offset taxable income, including potential boot taxes.Key considerations:Cash boot: If you didn’t reinvest all cash proceeds, the IRS considers the leftover amount as taxable gain.Debt boot: If your new property has a lower mortgage, the IRS views the reduction as a taxable benefit, unless you offset it by adding additional cash.Cost segregation: Accelerating depreciation reduces taxable income but does not directly offset boot taxes.

9 March 2025 | 13 replies
If I could put down more money obviously that would decrease mortgage but I need some left over for closing etc I cannot believe that some people with thousands up up votes think this could be a good opportunity.Here are some thoughts/comments:- At current rate and those rent points, 1% is large cash flow negative at high LTV.- market rent is ~$2400/month but PITI is $2150.

3 March 2025 | 33 replies
The reality is section 8 tenants are dominated by single mothers with 1 to 5 kids at least that was my experience and when you have kids from babies to teens and everything in between your houses are going to take a beating..

11 March 2025 | 7 replies
It is a judgement call and obviously I'm not there, but one could argue that it is a reasonable assumption that it is going to be loud when kids are present.

27 February 2025 | 0 replies
My wife has a house with a small mortgage left on it and long story short...one of her kids is the other "owner" of the property.

4 February 2025 | 9 replies
If you rent to a family with kids in school, and they decide not to pay rent, you CANNOT evict them.