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5 February 2025 | 9 replies
Connect with a housing coordinator if that position is available in your area and stay in contact with that person.
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30 January 2025 | 4 replies
I personally would fix the 3 windows and maybe consider cutting the rent a little more to gather more interest.
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6 February 2025 | 3 replies
Let's break it down with precision:The "Pain" (At First Glance):Your $2.8M sale splits out as:Building (§1250): $2.3MPersonal Property (§1245): $500KOriginal Basis Allocation:Building: $1.6M (depreciated over 27.5 years)Personal Property: $400K (fully depreciated)Building Depreciation:Annual: $1.6M ÷ 27.5 = $58,182Total over 10 years: $581,820Gain Breakdown:Building (§1250):Sale Price: $2,300,000Original Basis: $1,600,000Less Depreciation: ($581,820)Adjusted Basis: $1,018,180Total Gain: $1,281,820Unrecaptured §1250: $581,820 (25% max rate)Capital Gain: $700,000 (20% max rate)Personal Property (§1245):Sale Price: $500,000Adjusted Basis: $0Ordinary Income: $500,000The Strategic Play:Remember those suspended passive losses you couldn't use?
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2 February 2025 | 2 replies
With Tiny Homes, a person can get all the upgrades that want like that in a larger home.
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24 January 2025 | 9 replies
I have two phones, one for business and one for personal.
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3 February 2025 | 7 replies
I have been to the 3-day and it is a well run event, by professional persons.
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29 January 2025 | 0 replies
Real estate investment is my future.This amazing voyage begins with setting personal goals and vision.
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22 January 2025 | 4 replies
Remember that for most owners, their business is very personal to them.
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24 January 2025 | 5 replies
Although the journey has been worth it, I've sacrificed quite a bit from a personal lifestyle perspective, relationships, etc.
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29 January 2025 | 3 replies
Cosmo - I personally don't know Phoenix well, but if I had to do this in another city I would look at income levels, crime levels, and population growth (if you can) by zip code and/or area within a DMA as a starting point.