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7 January 2025 | 5 replies
I thought in texas its a state that does not publicly show what a proeprty sold for, I would ignore it.
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6 February 2025 | 10 replies
However, you can defer taxes under §1033 involuntary conversion if you elect to reinvest the proceeds into a similar rental property within two years (three years if the government condemns the property or threatens to do so, and four years for a principal residence in a federally declared disaster area).To reduce taxable gain, consider:Electing §1033 treatment and reinvesting the full $300K into a new rental property to defer taxes completely.Partial reinvestment, where only the portion not reinvested is taxable.Properly documenting all replacement costs and property details to ensure IRS compliance.Using cost segregation on the new property to accelerate depreciation and offset future taxable income.Since the §1033 election must be made, consult a tax professional to ensure compliance and maximize deferral benefits.This post does not create a CPA-Client relationship.
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30 January 2025 | 5 replies
Commissions are no longer viewable to the public because the thought was that agents were steering their clients to show homes with higher commissions 1.
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5 February 2025 | 4 replies
I'm a mortgage broker and can offer just about any product QM and non QM with competitive pricing. let's close some deals!
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3 February 2025 | 15 replies
The risk is far lower, with a better ROI.OR you can consider learning about government contracts and performing lease matching.
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21 January 2025 | 4 replies
Hey @Isaiah Cortez, here are the deets on STRs via the city - https://www.fortlauderdale.gov/government/departments-a-h/de...I don't have any real insights on the area, but do a search and you will find some details.
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22 January 2025 | 10 replies
As the state capital, it boasts a strong government and military presence, supported by the nearby Air Force Base.
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8 January 2025 | 11 replies
**Cash Flow & Reliability**: The cash flow can be great, especially since the rent is typically above the average for the area, and it’s guaranteed by the government.
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25 January 2025 | 4 replies
As for non-bank loans, I'm familiar with a loan program that provides 100% financing, but it requires a minimum 650 credit score and proof of funds covering 12 months of interest.
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24 January 2025 | 5 replies
Quote from @Ryan Konen: Here is one you can use https://eforms.com/eviction/nc/north-carolina-10-day-notice-to-quit-form-non-payment-of-rent/#:~:text=A%20North%20Carolina%2010%2Dday,else%20face%20an%20eviction%20proceeding.