Michael Nguyen
New investor....Should I buy single or multi-family?
23 December 2024 | 14 replies
The investors that I work with find that the financing for this size unit is that same as SF and they are able to cashflow nicely day one.
Philip Ganz
How does a Deferred Sales Trust work?
2 January 2025 | 12 replies
Carlos- the minimum deal size is $500k in proceeds and $100K in tax liability.
Rajesh Kasturi
Best Places to invest for Mid Term Rentals with cash flow and appreciation
24 December 2024 | 8 replies
I think if you're in it for the money, location in a decent sized metro with a lot of transient work force would be key.
Neil Clooney
Real estate mentorship
18 December 2024 | 3 replies
Does the cost cover all portions or are there "upsales" where more "services" are provided?
NA L Harrison
Where to rent with 13 dogs?
23 December 2024 | 4 replies
If these are even an average sized breed they can eat through a lot of food in a day/week/month.So the first thing is to get yourself financially stable.
Melanie Baldridge
Bonus depreciation ?
16 December 2024 | 0 replies
Bonus depreciation is just a special part of the US tax code.It allows you to take accelerated depreciation on portions of your property depending on when an asset is put into service.At the time of this writing, you can write off a huge portion (60% in 2024) of many qualified components that have a useful lifespan of 15 years or less.That means a certain percentage of things like landscaping, sidewalks, latches, appliances, fences, certain flooring, etc is depreciable in year 1.The bonus depreciation rate percentage changes yearly depending on the administration and the tax code.For years 2015 through 2017 first-year depreciation for all the items on a 15-year schedule or less was set to 50%.It was scheduled to go down to 40% in 2018 and 30% in 2019 and then 0% in 2020.But then Trump got elected, and he enacted the Tax Cuts and Jobs Act.That moved the bonus depreciation percentage to 100% from 2017 to 2022.In 2023 it went down to 80% and it’s currently at 60%.Depending on who gets elected again, 100% may be back on the table.Only time will tell.We know that the US government wants to incentivize more development and ownership of RE.They want Americans to continue to build and maintain our physical world.That’s why real estate is one of the most tax-advantaged assets in the US.Depreciation and bonus depreciation for RE are very positive and will likely continue in the years ahead.
Christina Hall
Best skip tracing website?
29 January 2025 | 40 replies
My sample size was just a couple hundred but it seemed to be as accurate as propwire which I was trying out for skiptracing.
Sha Sing
Has anyone worked with ReadyREI in Saginaw, Michigan
20 January 2025 | 19 replies
If the property we sell is in need of rehab we agree to take a portion of our assignment fee and fix up the property to make sure its rent ready.
Denise Evans
Identify All Acquisition Costs Before Buying
20 December 2024 | 2 replies
Cash portion of purchase price (of course!)
David B.
“Live In” Flip Advice!!
14 January 2025 | 10 replies
Assuming this scenario is true, I cannot see a scenario where coastal RE near Los Angeles does not have over sized appreciation. 2nd homes is not going to make a significant dent in this increased demand. best wishes