
12 October 2024 | 6 replies
However, if she really can't afford the property and she gets evicted later, she still has to move and then has a bigger problem of damaged credit.But, do not rush to a decision with no information.

11 October 2024 | 8 replies
Ive been in contact with a real estate investor friendly realtor I was matched up with through the bigger pockets website.

11 October 2024 | 14 replies
Psychologically, we're more in distress with losses than we are in euphoria with gains.

8 October 2024 | 6 replies
As many STRs in the area, I have been dealing with cancellations and loss of revenue and will likely to do so for the forceable future.

15 October 2024 | 26 replies
Are there specific areas in Texas where you're noticing bigger shifts in prices or market activity?

10 October 2024 | 1 reply
I found bigger pockets podcasts, and joining in here to learn and develop.

10 October 2024 | 2 replies
The real loss in in opportunity cost from what I could have found.Have others had similar experiences with buyer’s agency vs. dual agency?

8 October 2024 | 11 replies
In a nutshell, can I offset my gain in box10 with loss from box2 and other passive activity losses (eg.

13 October 2024 | 9 replies
The average price per land for urban infill going 6-12 stories high on a higher density product is about 5 million an acre up to about 25 million an acre. downtown market premiums I've seen at the highest are 1200 a sq ft. in columbus you can get land about 1.5 million per acre downtown at best price, sells for about 600 a sq ft max, very little competition compared to miami. tampa I didn't really look at too much because miami has 22 zip codes that you can build at least 6 or 8 stories on and just a much better landscape than other markets. tampa is a little bit bigger than columbus but in my opinion more of a suburban market. miami is landlocked and very limited so everything is in redevelopment. both are amazing opportunities but the barrier to entry is much higher in Miami with the smallest plots of land infill going for at least 1.5 million I would say in areas like Wynwood Norte, Wynwood, etc. we looked all over but prefer east of 95 due to the condominium opportunities. multifamily is very strong in both markets but the condo premiums make it almost silly not to do one from the start and the use of deposits versus a single asset lease up and disposition is a longer sales cycle than the condo buildings being sold out prior to completion.

9 October 2024 | 1 reply
It allows a substantial portion of the asset's cost to be deducted in the first year of service.In 2023, the bonus depreciation rate is 80%.In 2024, it decreases to 60%.In 2025, the rate further reduces to 40%.COST SEGREGATION:Cost segregation involves dividing a property into its individual components for tax purposes.Some parts age faster, like carpets or paint.Your CPA can use this info to more accurately depreciate elements of your property leading to potential tax savings.BASIS:Your basis is the initial price that you paid for your property, including any expenses or improvements.Knowing your basis is crucial for tax purposes, as it's used to evaluate depreciation & determine the capital gains or losses if/when your property sells.LAND VALUE:This is how much your land is worth without any buildings or improvements.Land doesn't get old like buildings, so you can't depreciate it.