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23 January 2025 | 2 replies
It's packed with strategies and mindset shifts that have propelled countless entrepreneurs, including yours truly, to extraordinary achievements.
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11 February 2025 | 1 reply
Additionally, it can help maximize renovations and improvements.32.8% of the total depreciable basis was classified as 5-year class life.
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4 February 2025 | 11 replies
the and I might have bought 2 more lumber packs already have to check when I get back from the islands.. we got hammered last time.
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14 February 2025 | 21 replies
I talked to Padsplit and they manage SFHs renting each room to different tenants - the total rent is more than renting it out to one household.
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19 February 2025 | 13 replies
IE - 70% of total units are rented at levels <=80% AMI.The higher your “Mission Driven %” (IE - the more units you have rented at levels <=80% AMI) the lower your interest rate will be.
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14 February 2025 | 1 reply
The loan on this house is $1,200,000.I moved in to my new primary residence by the end of the month.Starting July, my original primary residence was available as a rental and was being shown to prospective tenants.My new tenants signed a lease that began a couple weeks after showing, in July.To calculate my primary residence mortgage interest deductions, i'm using the following formula:650,000 / 2 = $325000 loan from January to June1,200,000 / 2 = $600,000 loan from July to December$750,000 limit / (600,000+325000 total loan value) = 0.81 multiplier(0.81 * $X first house interest) + (0.81 * $Y second house) = total interest payed i can deduct from my primary residencedoes this look correct?
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17 February 2025 | 7 replies
This was a total win for me!
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19 February 2025 | 5 replies
Everyone's 401K rules are a little different but the way it works for most is you can borrow up to $50K or half the total balance, which ever number is smaller.
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7 February 2025 | 3 replies
I don't know about you but I am constantly on the hunt for consistency, consistency of income, of deals, of productivity, in my relationships...so that's my focus in all things not just real estate.So my vision to your question is a a state of total consistency of income and deals.I'm focused on the basics, which to drive me is even more specifically "making offers."
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12 February 2025 | 27 replies
The denominator is obviously total town population.