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17 January 2024 | 9 replies
I am looking for a way to make an income that would allow my husband and I to retire from the 9 - 5 world and enable us to have some time to travel.I look forward to learning as much as I can so I can make wise investments.
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4 April 2017 | 3 replies
What would convince an investor/landlord to put wifi enabled thermostats, connected lighting, audible, wifi enabled smoke/CO detector and other devices in a rental unit or even their own homes.I appreciate all input.Cheers,Andrew
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12 January 2024 | 18 replies
For us in tenant friendly states, I like them as they enable me to be nimble.
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9 January 2024 | 9 replies
A Supra is a bluetooth-enabled lockbox where you gotta have a smart phone to get the key out.
3 January 2024 | 11 replies
@Crystal SmithThanks for the suggestion and just to add the 6 bed 3ba unit turned out to be a one size fit all solution for me and offered lot of flexibility when extended family from out of country was here it gave me ample space as a standalone unit,because the in law unit is right below the main unit and it enables me to quickly downsize and rent that 'additionsl unit' when I don't need additional space.
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11 January 2024 | 1 reply
My guess is they qualified for some sort of line of credit that enabled them to tap in as they find properties?
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6 February 2017 | 6 replies
Memphis would also enable me to use a turnkey provider if I wanted to go that route for my first property.
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14 August 2019 | 5 replies
This enabled me to make a cash offer and quick close.
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19 January 2024 | 12 replies
Retired assets are not subject to depreciation recapture, thus enabling you to save even more on taxes.This is a list of some ways to avoid recapture:Move into the property for at least two years before selling it making it your primary residence to eliminate capital gains tax1031 Exchange: swap one investment property for another and defer capital gains taxes721 Exchange: exchange appreciated real estate property held for business or investment purposes for units in an operating partnership that will be converted into shares of the real estate investment trust (REIT)Place the property in your estate and when it passes to your heirs, they do not inherit the deferred depreciation recapture or capital gains and instead inherit it at FMVWhat are your thoughts or questions on depreciation recapture?
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22 January 2024 | 9 replies
Commencing small enables you to acquire expertise and understand the ins and outs of being a landlord.You're already on the right track by acting; keep in mind that the initial move is frequently the most important.