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30 January 2025 | 8 replies
I have stayed fairly local.
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20 February 2025 | 9 replies
Very few successful investors get by without experiencing their fair share of bad tenants/evictions.Selling tenant-occupied properties with uncooperative tenants is challenging in NY.
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19 February 2025 | 11 replies
Formation of a CA LLC and ongoing maintenance is generally fairly inexpensive.If you need referrals for attorneys in San Diego, feel free to reach out.
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5 February 2025 | 18 replies
Being a rehab loan it was still fairly expensive.
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10 February 2025 | 10 replies
If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.
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1 February 2025 | 10 replies
This was a fairly large PM company and they seem to trust the tool over rentometer or zillow.Does anyone here have any experience with rentrange and is it that much more accurate then rentometer?
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17 February 2025 | 10 replies
I had a fair amount of people (between 5 and 10) express some interest.
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29 January 2025 | 12 replies
You've probably heard of big Landlords losing property, but only because they were flagrantly violating Fair Housing, running a slum, or otherwise violating the law in an egregious manner.
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31 January 2025 | 3 replies
In your case, changing the property from a rental to your primary residence constitutes a change in use.The depreciation recapture will be calculated based on the fair market value of the building at the time of conversion, not including the land value.Since you're tearing down the existing structure, the entire amount of depreciation taken over the past two years will likely be recaptured, as the building's value at conversion will effectively be zero.The recaptured amount will be taxed as ordinary income, up to a maximum rate of 25% for residential rental property (Section 1250 property).
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28 January 2025 | 1 reply
I am fairly new to the wholesaler life.