Elliot Angus
Seller Finance to 1031
21 November 2024 | 3 replies
Your "buy in" funds could potentially be used for improvements to the other properties you mentioned, without triggering a taxable event.
Ginger Vaadi
Cash flow vs 50% rule
16 November 2024 | 6 replies
The larger unit will have higher maintenance/cap ex even with coastal environments being harsh on some items.I suspect your expense estimates are far too low especially if you kept the BP calculator default percentages.
Griffin Malcolm
Are Solar Panels Worth It?
5 December 2024 | 34 replies
I've considered putting solar panels on my investment properties, however, I have not pulled the trigger yet.
Vivan Bhalla
Akron Property review and advice needed
19 November 2024 | 3 replies
In April 2024, I finally saved enough money and pulled the trigger.
Brenda Pursley
Rental startup newbie
18 November 2024 | 6 replies
So, I'm challenged right now finding a property that will cash flow well enough for me to pull the trigger.
Loren Becker
Assignment using a C.A.R purchase agreement
20 November 2024 | 20 replies
The assignment agreement addendum was signed a few weeks into escrow.I was not worried that this would trigger the seller to back out.
Kim Tran
1031 Exchange Equivalent from investment properties into primary residence
19 November 2024 | 10 replies
Alternatively, consider a cash-out refinance to access equity without triggering capital gains or explore a 1031 exchange to defer taxes by purchasing another investment property.This post does not create a CPA-Client relationship.
Kay S.
What would you recommend? Divorcing, unemployed, house not selling
20 November 2024 | 11 replies
In the end, the weekend after the fed announced the first interest rate drop, we had an open house that had more traffic than our opening weekend 3 months earlier. we received a full-price offer for the house and closed in early November. obviously I have no way of knowing if the interest rate drop was a trigger, but nothing else changed in the market at that time. just wanted to share in case others are curious. appreciate all the thought partnership!
Eugene Lubman
Selling to a family member (or transferring to a trust?)
19 November 2024 | 5 replies
Alternatively, transferring the property to a revocable trust provides income for your parents, avoids probate, and keeps you as a beneficiary, but it doesn’t allow for a 1031 exchange and could trigger gift tax.Focus on aligning the structure with your goals, whether for immediate reinvestment or estate planning, and ensure compliance with Connecticut laws.This post does not create a CPA-Client relationship.
Connor Kline
Mid Term/ Short Term, Are Loft Studio apartments worth it?
19 November 2024 | 10 replies
Not sure if you pulled the trigger, but I was nervous to go from LTR to MTR.