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20 January 2025 | 31 replies
They’re good but it’s not exceptional for an attorney to be the registered agent, I think that’s how most people structure it.
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31 January 2025 | 3 replies
In your case, changing the property from a rental to your primary residence constitutes a change in use.The depreciation recapture will be calculated based on the fair market value of the building at the time of conversion, not including the land value.Since you're tearing down the existing structure, the entire amount of depreciation taken over the past two years will likely be recaptured, as the building's value at conversion will effectively be zero.The recaptured amount will be taxed as ordinary income, up to a maximum rate of 25% for residential rental property (Section 1250 property).
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14 January 2025 | 39 replies
I've only been in a week so far, I'm hoping there is a little more structure for new members than there seems to be at this point.
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5 February 2025 | 2 replies
I’m new to real estate investing and am in the process of trying to acquire my first property.
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24 January 2025 | 9 replies
Fractional TICs give owners the financial independence that has been associated with condos, without the need to wait for a condo conversion, a process which can take anywhere from 2 to 10 years depending on the specific requirements for the subject property.
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5 February 2025 | 69 replies
Started the process on 1 house in Cape Coral Nov. of 2021.
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3 February 2025 | 3 replies
you can't really micromanage tenants.All you can do is create systems with some flexibility.Again, if you read how we charge our Processing Fees, they encourage the behavior we want, while discouraging (via fees) the behavior we do not want.
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25 January 2025 | 2 replies
No, he's not an architect, he drew all designs, floor plan, site plan, etc, and we had a structural engineer design his part, and paid an architect to sign off on them.
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7 February 2025 | 1 reply
The build process to include funding can be quite lengthy and difficult.
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12 February 2025 | 32 replies
Structure and View ShotWhy it works: Highlights your property’s unique design and surrounding scenery.How to nail it: Pair a ground-level shot with a drone perspective.Example: This listing3.