Christopher Smith
UPREIT any personal experience?
22 January 2025 | 10 replies
A number of the top REITS have found a technique that lets the investor initially 1031 into a DST on a temporary basis and after 2 years the REIT absorbs the DST and the investor receives the equivalent of shares in the REIT which makes the investment liquid.
Steven Barr
Builders Risk & Liability Insurance - Post Construction
16 January 2025 | 1 reply
Our main carrier policy converts to vacant dwelling policy at completion for duration of term and can be renewed on case by case basis if unfinished or unsold.
Jason Burkart
Gift money for family or buy a rental for family?
20 January 2025 | 8 replies
If you do place the property in her name, then inherit it later, it does allow for you to receive a step up in basis at that point, allowing you to sell the house shortly after her death without paying capital gains tax.5.
Zachary Rosa
1031 or not!
11 January 2025 | 7 replies
Here's the key components to calculate your tax liabilityAdjusted cost basis - Is the purchase price, plus capital improvements, minus depreciation.
Troy Smith
CPA tax advice.
9 January 2025 | 11 replies
Once the property is in service your rehab costs will be added to your cost basis.
Mark G.
PropStream or PropertyRadar - Freshest Leads
19 January 2025 | 6 replies
I heard that PropStream updates this data on a weekly to monthly basis, whereas PropertyRadar updates the data daily, providing fresher leads.
Dhruv Patel
New 7 unit construction
22 January 2025 | 3 replies
That seems to be unrealistic cost basis.
Michael King
Experience partnering with Non-profits that runs Sober Living Homes in MD?
14 January 2025 | 1 reply
I'm considering partnering with a non-profit that would manage the sober-living program; with me just providing the house passively for rent on a per bed basis.
Tom Rairdon
Tax considerations when selling a short term rental
12 January 2025 | 8 replies
You’re taxed on the sales price less adjusted cost basis (basis less depreciation), not taxed on the proceeds from the sale.
Dan N.
Can a Wyoming LLC own an investment property in ANY state?
9 January 2025 | 18 replies
I really like LLCs compared to corporations because of the free stepped up basis for passing property to my children.