Luis Fajardo
New-home sales hit a high in 2024 with builders responding to market demands! Learn
27 January 2025 | 0 replies
Existing-home sales, for example, hit their lowest level in nearly 30 years in 2024, with just 4.06 million transactions.
Susan K.
Q on deferred salary to a Solo 401K
30 January 2025 | 6 replies
They lower taxable income for federal taxes but not for FICA.However, employer contributions made by the S-Corp are not subject to FICA and count as a business expense.Make sure your W-2 correctly reports wages, deferrals, and FICA wages.
Trace P.
Thought about Oil heating in properties?
1 February 2025 | 5 replies
I was reading up about it, and saw that the cons of oil heating include needing to top up the oil supply, lower efficiency (than gas and electric), and potential leaking of tanks leading to environmental issues.Is anyone familiar with oil heated homes?
John Zhang
Is there a dollar limit on how much we can use real estate depreciation to offset W2
30 January 2025 | 4 replies
Depreciation lowers taxable income now but is subject to recapture at a maximum 25% rate when the property is sold.
Matt Smith
Existing Illegal Basement unit remodel and short term rental
5 February 2025 | 13 replies
I am confused, how there are options available today that does not comply with city rules (ceiling lower than 7ft)?
Mario Morales
Choosing between a "traditional agent" versus "Redfin Agent"
16 January 2025 | 1 reply
Also, which choice is better for you highly depends on what your real estate goals are and the experience level & skillset of the specific agent.Traditional agent and Redfin Agent could essentially be the same thing in many cases.
Jason Lopez
Do I need an LLC for my rentals?
2 February 2025 | 10 replies
For a single property, a strong umbrella insurance policy may offer sufficient protection at a lower cost.
Andrew Swaim
finding discounted deals, im struggling
2 February 2025 | 2 replies
Then they lowered the price to $340,000, a step in the right direction, but not as big a step that I liked.
Marc Shin
What Can I do about sound in a duplex with thin walls?
29 January 2025 | 10 replies
I put in two layers of rockwool + 5/8" drywall between my basement and main level, and was so glad I did it.
Sara Valentine
Why am I NOT getting any inquiries on my midterm rental?
16 January 2025 | 10 replies
I have lowered the price significantly this year.