Matt J.
Tax Considerations for Out-of-State Investors in San Diego
25 November 2024 | 4 replies
Note that California taxes capital gains as ordinary income (up to 13.3%) and does not conform to federal bonus depreciation rules.This post does not create a CPA-Client relationship.
Braeden Warg
What to pull permits on
20 November 2024 | 7 replies
The city made me conform to their exact permit application process which was burdensome and frustrating.
Michelle Glover
Lots of offers but appraised low
19 November 2024 | 26 replies
So far, we have received this advise from appraisers in the Maple Heights area: 1) Attach all offers so the next appraiser can better understand the market value, 2) Provide a letter from the Maple Heights Building Department discussing the addition of the egress window making the bedroom conforming livable space, 3) provide comps for similar properties sold in the Maple Heights area (these do not have egress windows), and 4) create an itemized list of improvements and cost for renovations to the property.We are grateful to the Bigger Pockets community for their advice as well.
Ryan Yu
1031 and BRRRR
13 November 2024 | 7 replies
So make sure your uses of the refinance money conform to business purposew if you want to write off the interest.This method is commonly used in a 1031 consolidation exchange.
Jessica Heller
Traditional Bank vs Mortgage Broker vs Credit Union for a 2 Unit Investment property
14 November 2024 | 13 replies
Similarly for the credit union.In general, if you are getting a conforming loan, the rates are pretty much the same since they are selling the loan to the same secondary market..
Jay Hinrichs
How U.S. can lower housing prices? And Could Trump look at Broker model as Broken?
20 November 2024 | 45 replies
I will say that when it comes to non-conforming loan limits/jumbo loans, banks, not lenders, often have more competitive rates because they often portfolio the product due to lower risk involved.
Craig Salzer
Norada Capital Management notes
1 December 2024 | 68 replies
Do you think it’s BS from the government requirement side, or do you think it’s BS that an issuer has decided to conform with Reg 504D for private offerings?
Austin Tess
Month to Month
8 November 2024 | 4 replies
Signing a new lease/rental agreement allows you to update the agreement to conform to changing laws.
Jared Khan
Best Down Payment Source
13 November 2024 | 17 replies
For example if you are planning a house hack using a conventional conforming loan then your down payment will need to be "seasoned" and sitting in an account for some months.The origins need to be traceable for 2 reasons.
Sonu Sundar
Any new builders allow investors to buy their house?
6 November 2024 | 12 replies
Once you have a property profile, you can give this to any realtor, and they can find conforming properties.However, just because a property conforms to the profile does not mean it is a good investment.