Paige Shortsleeve
MTR vacancy data
12 September 2024 | 3 replies
My wife and I have been doing an MTR-exclusive startegy for 3.5 years, and we still have a hard time figuring out how to predict vacancy, especially in a new market that we're considering.If we look at FF's (pretty crummy) data on their website we either see very few listings, so we think "no one is investing here; bad" or we see a lot of listings and think "too much competition; bad".
Dan Stelmach
Capital Gains - Best ways to reduce
11 September 2024 | 10 replies
I feel the value of this condo is at its peak considering the market.Are there any legal exceptions for the 121 home sales exclusion if I buy another primary residence shortly after the sale to avoid tax?
Solen Kebede
Moving out of my House Hacking home
12 September 2024 | 8 replies
The guests are a couple who exclusively do co-living properties just like you are describing.
Ashley Kroft
Buyer Agreement Form
9 September 2024 | 6 replies
In the form, it says I can only work with them exclusively from a specified beginning date and end date.
Andrew Galloway
Has Anyone in CFL Bought a STR Recently (2022+) to Offset Their W2 Income Tax
11 September 2024 | 12 replies
For myself, I am a high income W2 earner and I currently have FEIE foreign income tax exclusion but at some point I have to be able to return to the USA fully or at least hedge against that possibility.
Erik Estrada
What to look out for when shopping for a lender
10 September 2024 | 2 replies
They work overtime Good lenders are passionate about what they do, even if it means taking a quick call (with reason) on the weekends or holiday.
Peter Aziz
Big Bear Short Term Rental Market
10 September 2024 | 10 replies
I still (strongly) believe that supply will pick up in the spring once STR owners are disappointed with 2021 holiday figures, deteriorating property values on the mountain.
Steven DeMarco
Almost 2 years in and haven't made any money (via cashflow)
20 September 2024 | 114 replies
When new to investing we tend to focus almost exclusively on profit potential with almost no consideration of risk.
Abraham Berkowitz
How could I avoid paying a lot of tax on capital gains through a fix & flip?
10 September 2024 | 7 replies
This exclusion is only available for properties that have been used as a primary residence for the required period.Additionally, you won’t qualify for 1031 exchange benefits or long-term capital gains advantages unless you hold the property for more than a year or live in it for at least two years.
Andrew A.
Buy, Refurbish, AirBNB, Sell (in a foreign country)
10 September 2024 | 1 reply
Your situation (different country, Airbnb income, longer hold time) may not fit this model exactly.Negotiating Better Terms:With the bank: Shop around for better rates, consider a larger down payment for better terms.With real estate agents: Offer exclusivity for a lower rate, or consider handling the sale yourself if legal in Georgia.Holding Period: Given the strong Airbnb cash flow, holding longer could be beneficial, especially if the market is appreciating.