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20 November 2024 | 37 replies
After reading this thread, a few comments come to mind over this common A or B decision.Without knowing how much it is (no need to say) makes my advice (or more accurately, my opinion) more general in nature but here it goes:Lending has very little to no tax shelters whereas buy and hold does.
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14 November 2024 | 5 replies
I'm conservative in nature, but am looking for the push to jump in at some point.
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15 November 2024 | 7 replies
Any amount over your adjusted basis in the property (initial cost minus depreciation) could be subject to capital gains tax unless you reinvest it strategically.2. 1033 Exchange (Involuntary Conversion): A 1033 exchange (involuntary conversion) is specifically designed for situations like fire, natural disasters, or eminent domain.
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15 November 2024 | 11 replies
Naturally your old property must sell before you can take title to the new one, but it gives you a much better head start on the negotiation process of your replacement property.
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15 November 2024 | 3 replies
Building rapport is one of my strong suites so the chemistry tends to flow natural.
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13 November 2024 | 5 replies
I like smartcore from Lowe's, natural wood look with texture.
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16 November 2024 | 21 replies
CS is just a difference in the timing of when depreciation is recognized (or what is depreciated), it shouldn't change the nature of the investment type (short term vs long term).
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14 November 2024 | 10 replies
Take a sincere interest in what others are doing and trying to help them and they'll naturally be drawn to you and want to help you.
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16 November 2024 | 32 replies
I scan the forums every day, but I mostly ignore any threads that seem like a waste of my time either because they've already been fully answered, they're spammy in nature even if not explicitly against the rules, or they're just not something I'm interested in.