Jennifer Gill
Do Not Call List - sick of calls!
24 January 2025 | 9 replies
I have two phones, one for business and one for personal.
Bruce D. Kowal
The §1245 Silver Lining: Turning Tax "Pain" into Strategic Gain
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?
Ben Callahan
Do you actually have to live in the house?
6 February 2025 | 9 replies
@Ben Callahan, you could find a partner who is looking to buy a similar property, be a co-signer to your partner, and have that person live in it and be a primary resident.
Jorge Abreu
Creating A Blueprint: Your Real Estate Investment
29 January 2025 | 0 replies
Real estate investment is my future.This amazing voyage begins with setting personal goals and vision.
Cole Starin
Considering Property Sale
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.
Rick Reed
Tiny Homes | Pocket Communities | Tiny Home Apartments
2 February 2025 | 2 replies
With Tiny Homes, a person can get all the upgrades that want like that in a larger home.
Cosmo DePinto
BRRRR advice in Phoenix
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.
John Busch
Residential Assisted Living & RAL Academy
3 February 2025 | 7 replies
I have been to the 3-day and it is a well run event, by professional persons.
Warren Peasley
Selling primary residence / new home into LLC?
29 January 2025 | 7 replies
So I wonder if I can sell my home in Idaho, purchase the new one under my personal name, then how many months or years must pass before I can setup an LLC as the owner of my primary residence, or if you think that will be a good idea?
Maranda Tucker
Realtor-Only Showings vs Hybrid Models
5 February 2025 | 6 replies
Where buyers/tenants can view dozens of properties in a day to screen out less desirables then schedule with a real agent to see the home in person!