
12 March 2024 | 36 replies
However, there are other strategies you can consider to optimize your tax situation:Maximize Deductions: Ensure you're fully utilizing all deductible expenses related to your rentals, such as maintenance, repairs, property management fees, and travel expenses to the properties.Depreciation: Make sure you're taking full advantage of depreciation on the properties, which can significantly reduce taxable income.Cost Segregation Study: For larger properties, a cost segregation study can accelerate depreciation on certain parts of the property, offering more upfront tax savings.1031 Exchange: If you're considering selling any properties, a 1031 exchange allows you to defer capital gains taxes by reinvesting the proceeds into another rental property.Energy-Efficient Improvements: Tax credits may be available for making energy-efficient improvements to your properties.Rod

13 March 2024 | 17 replies
I am not good enough with electrical and roofing to catch what my inspector has called out in the past.

12 March 2024 | 12 replies
Training, recovery, and match travel must surely be time and energy-consuming.

13 March 2024 | 16 replies
It seems like the others are telling you to take the practical approach to the situation and you are going to be better off exerting the energy and money in new opportunities.

11 March 2024 | 7 replies
Also look at the type of electrical wiring as that can be an expensive repair if it needs to be updated.

11 March 2024 | 7 replies
And if it’s even 1 hour it’s one particular needy tenant I have that takes up the majority of my time and energy on a regular basis.

11 March 2024 | 2 replies
HVACPlumbing Electrical RoofStructure Any of these could be $0 to $30,000.Then flooring, kitchen, bathroom (s)$3500-$20,000 ,Each.

11 March 2024 | 1 reply
The property, sold by a joint venture between JBG SMITH and PGIM for $325 million, or $588/SF, was approximately 26% below its 2019 valuation.Other examples include Lennar's acquisition of its Miami, Florida headquarters for $68 million, or $319/SF, and First Energy's purchase of its Akron, Ohio headquarters for $49 million, or $136/SF, both at substantial discounts to replacement cost.Investors pricing deals at discounts to existing debt is a parallel trend.

11 March 2024 | 21 replies
so if your spouse thinks that investing is going to take capital / energy away from buying a primary - then maybe that is a problem!

12 March 2024 | 41 replies
Keep in mind the cost of raw materials (drywall, plumbing, electrical) are the same whether it is a $100K home or a $1,000,000.