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28 January 2025 | 11 replies
@Dave Foster @bill ExeterMy view is without violating any irs rules your best option may be to live in the property 2 years and use the exemption.
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16 January 2025 | 7 replies
I was thinking what Dave Foster said in regards to you having troubles, especially with buying a syndication.
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21 January 2025 | 6 replies
Any capital improvements on a not owned yet property would involve a complex 1031 you’d want someone like @Dave Foster involved in.
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17 January 2025 | 11 replies
@Dave Foster is a great resource on 1031 exchanges.
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15 January 2025 | 10 replies
These laws have been tested in court and upheld because they do not discriminate against protected classes.Familial status in Fair Housing pertains to the presence of children (pregnant women, people with children, adoptive or foster parents).
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13 January 2025 | 12 replies
As a lender, fostering relationships has been an incredible opportunity to create a healthier local real estate market.
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15 January 2025 | 11 replies
Quote from @Dave Foster: @Mickey Petersen Like what @Alex Olson said, a 1031 exchange is a great way to diversify and further grow your RE portfolio.
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25 January 2025 | 14 replies
@Emily Gowen so as you pointed out you would not have to do a 1031 exchange on your current home to avoid the capital gains tax and coupled with what Dave Foster pointed out I think, speaking from experience you would have a high likelihood of success.
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9 January 2025 | 0 replies
Simplified ManagementFor those managing multiple properties, AB 2622 streamlines operations by expanding your hiring pool and removing the red tape often associated with minor repairs.Why It Matters for TenantsTenants also benefit from AB 2622:Faster Maintenance: Minor issues like plumbing or lighting can now be resolved promptly.Fairer Move-Out Costs: Affordable repairs mean tenants aren’t hit with inflated charges for damage beyond normal wear and tear.Things to Keep in MindWhile AB 2622 makes maintenance easier, landlords should still vet unlicensed workers carefully, ensure proper insurance coverage, and remember that jobs requiring permits must involve licensed contractors.AB 2622: A Win-Win for California’s Rental MarketAB 2622 strikes a balance between flexibility and accountability, making it easier for landlords to maintain high-quality rentals while fostering better tenant relationships.