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Results (10,000+)
Jillian Wright-Martin Secure online application portal?
13 October 2024 | 7 replies
This costs money, which is why application screening is not free.I recommend you include some of your key qualification criteria in the advertisement.
Daniel Okeefe tenant wants out of new lease
14 October 2024 | 7 replies
Under F.S. 83.595, landlords have 4 options when a tenant terminates early, one of which includes charging the tenant an early termination fee (no more than 2 months' rent), but if your lease agreement does not provide for liquidated damages upon a tenant's early termination, you have only 3 options as a landlord.
James Sedano IRA withdrawal to fund investment properties, can a cost seg help to reduce tax bill?
14 October 2024 | 12 replies
Yes, a cost segregation study could help reduce your tax bill by accelerating depreciation on the condos, offsetting income, including the $300k IRA withdrawal.
Account Closed PEP fund with Lane Kawaoka
15 October 2024 | 69 replies
LPs who do not want to pay for access can learn from free content, and we will fund that content from sponsorships, which may include from capital raisers. 
Mark Dutton I hate having mortgages
18 October 2024 | 34 replies
I understand that rental properties are a long-term investment, but it can be tough to keep pouring money into them without ever seeing any of it in my own pocket.I’ve invested over $260K into these houses (not including the 20% I’ll need for my next property), and I haven’t seen any return yet.
David Cianci Should I create an LLC before I buy my first property?
15 October 2024 | 40 replies
You might need to get the lender's clearance or pay off the current mortgage in order to accomplish this.Annual Fees: There are expenses associated with running an LLC every year, including possible franchise taxes and state filing fees.
Mike Wynn California Home Insurance
12 October 2024 | 3 replies
They can only provide a general liability-only policy through Lloyd's, which doesn't cover the physical structure or contents.If anyone knows of a good insurance provider that offers comprehensive coverage, including protection for the structure itself, I would greatly appreciate your recommendations.
Carrin Johnson Bill Summary: AB 1771 The California Housing Speculation Act: Impact on Fix and Flip
11 October 2024 | 2 replies
Assembly Bill 1771, also known as the California Housing Speculation Act, aims to change real estate tax policy to discourage investors from quickly reselling properties like single-family homes.Under the proposed bill, an additional 25% tax would be imposed on the gain from the sale of a qualified asset (including homes) within three years of the previous sale.The tax reduction is dependent on the number of years passed since the initial purchase of the qualified asset, ranging from a 20% reduction for sales occurring between 3.01 to 4 years to a 100% reduction for sales occurring more than seven years after the initial purchase.The revenues generated by this tax increase would be deposited into the Speculation Recapture Community Reinvestment Fund, which aims to support affordable housing, local governments, schools, and infrastructure projects.The bill is introduced by Assembly Member Ward, and the proposed tax changes would take effect from January 1, 2023.Assembly Member Ward argues that short-term investors in the market, including fix and flip investors, contribute to rising housing prices, limiting opportunities for Californians to purchase homes.While the bill may discourage short-term speculative transactions, it is worth noting that California's tax laws still provide certain advantages for investors, including unlimited tax write-offs and depreciation benefits.The bill is subject to legislative approval, and Assembly Member Ward will speak publicly about the bill at the San Diego County Administration Center on a specified date.Please note that this is a simplified summary of the bill and its potential impact on fix and flip investors.
Account Closed 10 Best Net Worth Trackers
12 October 2024 | 2 replies
Net worth trackers are valuable tools that real estate investors can use to evaluate their financial positions.Your net worth is a value, or dollar amount, that includes all of your assets and liabilities.
Kegan Brenner What does diversification look like to you!?
14 October 2024 | 37 replies
Gets deeper from there, but that's the high-level.My goals included being work-optional well before the traditional retirement ages tied to retirement accounts, so therefore the places I put my money needed to afford more flexibility.