
18 July 2024 | 40 replies
@Saeed Jassani appears you are not only comparing two different markets, but probably also two different asset classes.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

17 July 2024 | 9 replies
Primarily this applies to when one took bonus depreciation on land improvements, or in the case of nonresidential property, qualified improvement property.The one type of depreciation recapture you can defer with an installment sale is "1250 unrecapture" - this is that typical 25% depreciation recapture rate that you think of, which is the depreciation recapture on the straight line building and/or straight line depreciation on something like the previously mentioned land improvements or qualified improvement property.Allocation of the sales price is incredibly important here.

16 July 2024 | 3 replies
For those curious, if this applies to them, just follow these general principals: To qualify for the Section 121 exclusion you must: Must live in the home in the past 2 of the 5 years 24 months non consecutive required Must have owned the home for at least 2 years Only one spouse needs to meet the ownership testBoth spouses need to meet the use test Neither spouse has excluded a gain / used section 121 in the past two years Must file jointly for the 500k exclusion

15 July 2024 | 6 replies
This is a portfolio loan offered by local credit unions where you can buy up to 5 pure investment properties with as little as 5% down if you qualify, which you do have to qualify still with DTI, credit, reserve requirements, etc.There are different credit union options that would be best to connect with based on where you are investing and your situation, so that is why it's important to connect with our team to guide you on the right path on where to apply so you are not wasting your time and having multiple unnecessary credit pulls.

16 July 2024 | 0 replies
Investors should be able to apply for and receive STR permits under the same rules as owner-occupied properties.

15 July 2024 | 4 replies
I am not able to use the additional depreciation I receive from my investment to apply against my active income.

14 July 2024 | 4 replies
Code 5715) applies?

16 July 2024 | 7 replies
Initially I was planning to use a mix of cash and stocks to fund this purchase, but now having the second thoughts whether I should use just some cash and apply to some home equity financing options instead to cover the offer amount.

15 July 2024 | 4 replies
If someone doesn’t know how to calculate NPV on their own, they likely will mid-apply the value once they receive it.

15 July 2024 | 26 replies
It is getting foot traffic, but no one is applying.