Victor Yang
if i gift a house, is the cost basis what i purchased it for or the FMV?
24 January 2025 | 8 replies
For example, if your purchase price was $300K and the FMV at gifting is $500K, the recipient's cost basis remains $300K, potentially leading to higher taxes upon sale.You and your spouse can gift up to $38K annually per recipient (under the annual exclusion) without reducing the lifetime gift exemption.
Youssef Pullman
Cold calling lists
10 January 2025 | 4 replies
Let them do the follow up and paperwork and maybe lead cleanup, but you do the dialing and talking yourself for much better results.
Arif Gungorur
How to Do Zoning Research
16 January 2025 | 1 reply
Using these parts of local zoning can lead to potential deals.
Melissa Odom
Needing Advice on Commercial Project
29 January 2025 | 6 replies
As I start down one path, I have more questions which leads me down other paths with even more questions.
Melanie Baldridge
Did you know this about Gas Stations?
14 January 2025 | 2 replies
The tax advantages of buying/holding gas stations are pretty great.Many of the components of gas stations including pumps, tanks, external parking areas, and other equipment are classified as either 5 or 15 year property so you can bonus depreciate a lot of it (minus the land value) and get significant deductions in year 1.With the 2025 bonus depreciation rate at 40%, a $1 million gas station acquisition could still lead to $100K+ in year 1 deductions depending on the specifics of your deal.
Samuel Garnatz
Greetings from St. Petersburg, FL
12 January 2025 | 8 replies
We are frequent users of the Rental Property Calculator and have found a few promising leads thus far but also know that is just the beginning of the process.
Tyler Schumaker
Brand new and looking to network
22 January 2025 | 3 replies
You can learn to do this independently or get a rockstar REALTOR to lead the way.
Dave Bobka
Buying my first investment/rental in 2025!
21 January 2025 | 15 replies
They’re a great way to generate passive income with minimal hands-on involvement.Looking forward to hearing more about your goals!
Fulati Paerhati
What is the good location to buy a rental property for 250k cash ?
31 January 2025 | 57 replies
OKC and Tulsa are two of the best markets for real estate investors looking to maximize their buying power and generate strong returns.
Chris Lin
5 Years with REI Nation: Convenience Over Cash Flow
1 February 2025 | 6 replies
While they generated some cash flow, I found the effort required to manage them wasn’t worth the return.