
12 January 2025 | 2 replies
You would have to check the loan terms.

15 January 2025 | 10 replies
A small amount of effort yields a good long term ROI.

14 January 2025 | 27 replies
This has also allowed us to provide some excellent incentives for our investors, locking in long term debt currently at 3.75% through our in house financing program.

17 January 2025 | 24 replies
I am happy to pay a competent firm to keep me from violating the terms of my plan and answer questions, but somehow I fear that no one will want my account because the banking part is outsourced to Titan Bank (which is not paying interest, so I should probably switch from them too) and perhaps there are no custodial fees to be had the way this plan was set up.

13 January 2025 | 30 replies
Could be a business decision based on keeping long-term high quality tenants rather than risk the costs on turnover.

8 January 2025 | 9 replies
Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.

19 January 2025 | 42 replies
--------------------------------------Context:-My wife and I file taxes jointly and own 4 long term rentals in NJ and 3 rentals in FL (1 long term, 2 short/medium term).

11 January 2025 | 19 replies
Because of this, most buyers come with cash or use short term seller financing.

10 January 2025 | 2 replies
This strategy can be a game-changer for building long-term wealth, as it enables you to leverage your gains without an immediate tax hit.Example: Sell a rental property for $300,000, reinvest in a new property of equal or greater value, and defer capital gains taxes indefinitely.5.

8 January 2025 | 6 replies
Yeah the law changed I believe back in 2020.You cannot do short term rental with an HPR unless you own both sides.