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24 January 2025 | 5 replies
Maintain - includes taxes and insurance?
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22 January 2025 | 203 replies
As you probably know, California includes all foreign immigration - both legal and illegal to boost the numbers.
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6 February 2025 | 13 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
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6 February 2025 | 6 replies
In addition to the different tracks @Chris Seveney descrubed, there is also good information on creative financing and seller financing (including what to avoid).
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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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25 January 2025 | 2 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
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2 February 2025 | 22 replies
I immediately called Financial Freedom they explained that the $200 was for their "pay -site" which includes a free weekly conference call, etc.
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4 February 2025 | 7 replies
Many people have had a great experience with home warranties, myself included.
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29 January 2025 | 3 replies
I don't remember the exact cost when I did it but I remember thinking it was cheaper than expected.I didn't see a comment mentioning that you should just include utilities in the rent and increase it based off that so I'll be that guy.
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12 January 2025 | 6 replies
Square footage is roughly 1600 sqft.Could use minor cosmetic rehab on the outside to make it look pretty, inside is brand new however.