Nancy Cho
New Real Estate Enthusiast from Northern NJ looking to connect!
25 January 2025 | 5 replies
Please feel free reach out.
Brandi Jefferson
Hi! I'm happy to finally join the community!
16 January 2025 | 20 replies
Feel free to reach out if you ever have any questions regarding lending!
Ryan Daulton
Rental arbitrage is scam or not
26 January 2025 | 4 replies
It would cost me only $2300 per month which includes rent utilities furnishing and property management. she showed me one example only of a customer who profited greatly.
John Zhang
Is there a dollar limit on how much we can use real estate depreciation to offset W2
30 January 2025 | 4 replies
@John Zhang If your wife qualifies for Real Estate Professional Status (REPS) and materially participates in managing rental properties, there is no limit on the amount of rental losses, including depreciation, that can offset your W-2 income.
Anca R.
Is a 1031 Exchange allowed in this case, and if so, is it worth the hassle?
22 January 2025 | 22 replies
Depending on the loan amount for the new property, roughly a little over half of the gain could be deferred through the exchange.Without a 1031, they’ll face taxes on the entire gain, including federal capital gains tax (likely 15% based on their income), California state tax, and depreciation recapture, potentially totaling $130-150K.
Gabriel Peryam
Excited to Join the Community!
27 January 2025 | 3 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
Stepan Hedz
5 Myths About Distressed Properties: What Investors Need to Know Before Jumping In
29 January 2025 | 0 replies
This factoring includes the presence of competent contractors who can limit unforeseen surprises and costs.Myth 2: They're Too Risky to Invest InThere is risk in any investment; however, distressed properties are not inherently riskier than any other real estate investment.
Kwanza P.
New Here to the platform
29 January 2025 | 15 replies
For example: We provide tax preparation and advisory services to people who invest in commercial (including multifamily) real estate, and high w2 earners investing in short-term rentals.
Venka Pulla
How to deal with Bad property manager
11 January 2025 | 7 replies
The notice should include the date of termination and the reason for ending the agreement.