12 August 2024 | 22 replies
Gain the skills to take on projects like revitalizing single-family homes, converting underutilized commercial spaces into profitable mixed-use properties, constructing small apartment complexes, or repurposing vacant lots into valuable community assets, all with the aim of strategically growing wealth within the community and for your family.As a Developer, you’ll also become a….Community Catalyst: Become a local real estate developer to transform your community, shaping its future and making a positive impact.Profit Center: Real estate development offers opportunities for financial growth, turning your investments into substantial returns.Creative Agent: Unleash your creativity and innovation in design, sustainability, and community-focused projects.Job Creator: Your projects create jobs, benefiting both the community and local residents.Legacy Builder: Develop a lasting legacy by creating buildings and spaces that leave a profound and enduring impact on your community for generations to come.Join the movement to reshape our community through local real estate development!
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12 August 2024 | 1 reply
However, despite the recent drop, purchase activity has only seen modest gains, suggesting that some buyers might be waiting for even lower rates before making a move.3.
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17 August 2024 | 56 replies
If you are talking about Tax liens you aren't buying the property but the credit of the unpaid taxes on which gaining interest.
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13 August 2024 | 69 replies
Not positive but I think you have to recapture it just like any sale.. so if you got 50k write off you will have a 50k taxable gain ????
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11 August 2024 | 8 replies
Just an intro, My name is Yonathan and I am attempting to land my first ever Co-Host position EVEN alongside another co-host working for even free just to gain experience and reputationWould someone or someone they know be willing to “take me under their wing” as to learn to manage the day-to-day ops on behalf of a host?
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13 August 2024 | 14 replies
To gain premium tenants.
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11 August 2024 | 49 replies
.: Since you can live anywhere, I would find a strong market that you would enjoy, then buy a big house or a multi-family that allows you to rent spaces out and gain experience.
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12 August 2024 | 13 replies
Not having a mortgage is very powerful.I also like buying properties in my ROTH IRA and not ever owing any further tax or capital gains.
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7 August 2024 | 8 replies
However, the remaining gain not covered by the Section 121 exclusion is taxed at your ordinary income tax rate.Here's how the calculation typically works:Calculate the Depreciation Recapture: The $9,000 of depreciation would be recaptured at a maximum rate of 25%, which is $2,250 (25% of $9,000).Calculate the Remaining Gain: Subtract the excluded amount (Section 121 exclusion) from the total gain: $100,000 (Total Gain) - $9,000 (Depreciation Recapture) - $250,000 (Section 121 Exclusion) = $0Tax the Remaining Gain at Ordinary Income Rate: Since the remaining gain is $0, there would be no additional tax on the gain.So, based on this calculation, it seems like there should not be any additional tax owed after taking into account the Section 121 exclusion and the depreciation recapture at a maximum rate of 25%.It's essential to review your calculations and ensure that you are accurately applying the exclusion and depreciation recapture.
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11 August 2024 | 0 replies
Absorption rates of competitive office space may not immediately reflect quarterly total job gains or losses, but it is prudent to consider longer-term economic and demographic performance as influential upon current occupancy levels.