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15 November 2024 | 10 replies
Assuming a similar scope of work for a 1000 SqFt house would you say say $25 a SqFt would still hold (maybe $25-40 with a regular handyman or crew).
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17 November 2024 | 30 replies
Quote from @Jonathan Bock: @David CherkowskyHow do you hold title currently?
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13 November 2024 | 2 replies
This time, she agreed, and the sale finally went through.This experience reminded me how seemingly minor items can hold enormous sentimental weight.
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14 November 2024 | 8 replies
However, government officials, pandering to populist sentiment, hold landlords to standards and responsibilities far more restrictive than any other business.
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14 November 2024 | 10 replies
But, if a cost-seg study is done on the old property, you can manage Sec. 1245 recapture tax by doing a study on the new property to confirm it has as much or more Sec. 1245 property.You cannot swap a fully depreciated gas station for a raw piece of land and avoid recapture - you must replace all the 1245 and 1250 property.3) OZ - Sure you can defer your capital gains for a few years into an OZ fund, but the magic of OZ investments is the ability to achieve tax-exempt growth after a 10-year holding period.
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13 November 2024 | 4 replies
With fix and flips, the goal is for a short term hold so the interest only payments generally makes more sense.
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13 November 2024 | 3 replies
BP, I own a 33.33% membership interest in an LLC that holds a two-family property, alongside two partners with equal stakes.
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14 November 2024 | 21 replies
If this is a longer term hold and you don't need the extra $500 per month and you'd be fine with a $200 per month increase, go for that.
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12 November 2024 | 6 replies
We have LVP in some kitchen/bath areas and it is holding up well, but if you have a choice tile.The only caveat I can think of is aesthetically having all one floor is more pleasing than many room transitions.
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15 November 2024 | 12 replies
Given that you're already in it for 6 months and close to getting it rent-ready, it might be worth holding onto it and renting both units out, which could help offset your mortgage costs.