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6 February 2025 | 13 replies
Once you land on the right PM, transition everything to them.As others have stated, four houses is not a big task.
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13 January 2025 | 2 replies
Hi All, any input on renovating a house and possible tax exemptions under an LLC?
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3 February 2025 | 6 replies
Quote from @Jessica Young: Hey everyone, I'm an owner in a tiny HOA in Florida and the owners want to either ban smoking entirely or make a designated area.
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10 February 2025 | 1 reply
Quote from @Melanie Baldridge: In 2025 the bonus depreciation rate is 40%.This means that if you bought a property for $1M in 2025, did a cost seg study and found $300K in eligible assets that you could depreciate, you could take 40% of that $300K as bonus depreciation to offset your income in the first year.40% of $300K = $120K.You then apply that $120K to the owner’s personal tax rate to find the final amount that they can defer in year 1.If your tax rate is 37%, you can defer $66.6K.This is a big deal even at the 40% bonus depreciation rate this year.It’s a massive benefit
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6 January 2025 | 5 replies
How much will you spend in repairs on a 1920's house with renters ?
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12 February 2025 | 5 replies
Ask to speak with some of their current owners and current/former tenants.
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24 January 2025 | 0 replies
I had some success in doing a house hack short term rental with my first property and wanted to continue growing my portfolio.
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4 January 2025 | 5 replies
One unit being owner occupied doesn't change the number of units there.
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12 February 2025 | 9 replies
Heck I bought a “four plex” where there was an “owner’s storage area” exactly the same size as the other 4 units. :-). .
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12 February 2025 | 5 replies
For example in many jurisdictions I can STR units in a duplex but cannot STR an ADU (some jurisdictions will let you STR if you owner occupy).