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15 January 2025 | 18 replies
While rates for the new loan will be higher, keeping your existing loan intact on the remaining balance preserves that low-cost debt.Use the equity to purchase properties in higher cash-flow markets while retaining ownership of your Bend property.1031 Exchange:If you do sell, a 1031 exchange allows you to defer capital gains taxes by reinvesting the proceeds into like-kind properties.
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29 January 2025 | 107 replies
In other words, your renters have covered a majority of your costs of ownership this year, including covering your debt, and you have to put some additional money in, which raises your cost basis.
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8 January 2025 | 13 replies
Only the first can be corrected, but us making a mistake and getting anything less than 5 star review is stricly unacceptable in my eyes and my team also has a strong sense of ownership in their position and loyalty to my company.
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6 January 2025 | 8 replies
My goal is to move more onto the ownership/management side of the real estate industry as soon as possible, but am not sure the best way to go about making the switch.
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12 January 2025 | 13 replies
- Does he want to retain some owner ship?
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15 January 2025 | 7 replies
Take ownership of your mistake and learn to do the proper due diligence recommended above😊
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11 January 2025 | 6 replies
EPA violations typically travel with ownership.
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10 January 2025 | 8 replies
If the seller isn't responsive, then do like the idea of telling the tenant you tried, and see if they can get some free legal assistance from a tenant resource center.It is a good reminder as closing approaches to ask the seller to keep tenants updated on the pending sale and when ownership is scheduled to change.
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2 January 2025 | 10 replies
Rental income and expenses, such as mortgage interest, property taxes, repairs, and depreciation, can be reported on Schedule E of your personal tax return, regardless of ownership structure.
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31 December 2024 | 22 replies
For various reasons, the US government wants to understand the "beneficial ownership" of certain businesses.