.: There IS going to be a big impact on Real Estate, especially for Single Family and small Multi-Family that is Owner Occupied.The SALT Deductions are slated to expire at the end of 2025.Trump has already said that he will allow it to Expire:https://about.bgov.com/insights/elections/2025-tax-policy-cr...This is NOT a small change.The Standard Deduction gets reduced by about 40%.Then you get to deduct the SALT (State and Local Tax) that you paid PLUS up to $1 Million in Interest from your Mortgage against your Federal Tax Return.The only limiting factor will be AMT (Alternative Minimum Tax).In 2017 when this Cap was put into place, it made sense.However, now that the average Home sells for about Double what it was back in 2017, many normal Americans can benefit from the Expiration.I'm hoping that the Trump Administration does not extend the Cap.Too many people will love him more if he allows it to Expire!

[Timely: appeal deadline Monday Nov 18 2024 - need to submit by Friday 15th - tomorrow]The Property: I own a 4 plex in Seattle (magnolia) Washington bought in 2014.

PadSplit is not passive but it has been a mostly positive experience for me.His numbers seem realistic except PadSplit fees are typically 14.75% (not 14.25%)which is a 12% platform fee and a 2.75% stripe fee to allow members to pay their rent w a credit card. 

My neighbor does MTR and she is full all year round here in Olympia, WA.

My properties are in Washington State.

I recorded a podcast last week with Dave Meyers and Henry Washington of Bigger Pockets.

I'd love to connect with you about what I've got coming up in Washington State.

-According to Redfin, its valued at 950k (I know Redfin values are a bit higher, but we're hoping with renos, it will at least be this if not more). https://www.redfin.com/WA/Seattle/1138-N-91st-St-98103/home/...Appreciate any advice/thoughts/feedback.

TLDR: I'm buying out my house from my ex-boyfriend in Seattle (King County), Washington and I'm struggling to find what the REET if I'm buying my ex's stake in the house.

For quick sale we are prepared to sell at the 1% rule of current rents and will consider owner financing with 20% down (30 year @ 7% w/ a balloon between 3-7 yrs).