Nicholas Stout
Landlord getting into section 8 rentals. Any Tips?
18 January 2025 | 19 replies
In my experience, a large percentage of them are fully functional adults that refuse to take personal responsibility for their lives, which is why they are receiving free rent from taxpayers instead of working for a living.
Katie Miller
If you use a CPA or Tax Professional, how did you find him or her?
31 January 2025 | 120 replies
I used one frequently discussed in BP, TERRIBLE AND EXPENSIVE.
Bruce M.
Large RV or Boat - Tax incentives, Tax strategies
13 January 2025 | 7 replies
Looking for various tax strategies to reduce the reality that a large RV or boat is a grossly depreciating assetI would not have a loan, so claiming it as a primary or secondary residence and claiming the mortgage deduction is not applicable.I sold my primary residence and I have several rental properties which I use as I'm fixing them up.What I'm pondering is living aboard and working aboard developing a new product, while traveling.
Joshua Piche
Im looking to move out this year and house hack my first property
7 January 2025 | 12 replies
It depends on where you want to live, income, personality, and other factors.You could buy a large home and rent out the individual rooms to cover expenses, but this comes with problems.
Pixel Rogue
Real-estate Exit Plan
20 January 2025 | 6 replies
- If so, 1031 into something bigger and easier to manage and then when you pass, the inheritor receives your property(s) at a stepped up basis - subject to Inheritance Tax limits.Otherwise, sell one every 1-5 years when you need the cash, so you can plan expenses to offset capital gains.
Aaron Williams
Co-Living properties in Boise and surrounding areas in IDAHO
31 December 2024 | 2 replies
I'm a Realtor with a couple properties listed in Boise, ID and a neighboring town for my investor/client that are currently rented as co-living or rent-by-the-room and getting killer income. (7.3% - 9.5% Cap rate) So far, every inquiry has been baffled by the concept of co-living or rent-by-the-room and immediately ask if they're being run as a halfway-house (which they are not).
Ramsey Doumani
Investing in a condo vs townhouse as a traveler
12 January 2025 | 8 replies
Contrary to popular belief, major hurricanes are not as common as some think - as someone who's lived in St.
Franklin Marquette
ADU Valuation | LA County
23 January 2025 | 6 replies
That being said, it is another part of your property that you can use to generate income and in this area you can hit the 1% rule before expenses.
Brandon Morgan
is an LLC necessary?
27 January 2025 | 33 replies
I am in San Diego and it is too expensive here to get started, so I am looking in the Midwest.
Ed Lopez
Excessive "Make Ready" Costs from Property Manager
21 January 2025 | 35 replies
I suspect using 100% expense ratio would be too aggressive especially if PM is charging 15%+.