
29 August 2024 | 13 replies
Before I buy my first property, I’m curious to talk with a financial advisor to ensure I’m in a good spot and figure out the most tax efficient way to pull together a down payment.

29 August 2024 | 6 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.

30 August 2024 | 2 replies
Thanks Jason.I personally don't want to have any liability on my primary residence (Apart from Property tax of-course).That's the reason I am looking to do this is to ensure that if I am secure.

29 August 2024 | 1 reply
Donating appreciated securities is a tax-efficient way to give.

30 August 2024 | 8 replies
It looks like they are there to reinforce the decking, but there are no joist hangers or cement footings (down to frost depth).For me...I would have a structural engineer come out and evaluate the footings of the buildings to ensure it's sound.Good luck in your search!

29 August 2024 | 2 replies
I recommend consulting with a cost segregation specialist to ensure accurate classification and compliance.

29 August 2024 | 3 replies
The key is that the property must be rented out before you refinance to ensure it meets the IRS requirements for a like-kind exchange.

30 August 2024 | 8 replies
It's best to discuss these options with your lender and possibly a real estate attorney to ensure you make the right decision.

29 August 2024 | 4 replies
@Mike Shahi Selling the home as-is seems the most tax-efficient option.

29 August 2024 | 4 replies
I could move that equity into other projects, including properties that would rent for more efficient rates (rentals in the 3/2 to 4/2 2000sf range here tend to go for about $2200-2400/mo).