Pixel Rogue
Real-estate Exit Plan
20 January 2025 | 6 replies
- If so, 1031 into something bigger and easier to manage and then when you pass, the inheritor receives your property(s) at a stepped up basis - subject to Inheritance Tax limits.Otherwise, sell one every 1-5 years when you need the cash, so you can plan expenses to offset capital gains.14 properties - presume these had to have been single families.Oh, I'm modifying the original post to mention leaning toward creating a trust which we manage..so we would own very little yet manage the trust which owned investments and such.Here is what I understand/misunderstand (better or worse) on moving every 2 years (as we are open to that albeit pia.) • Multi-unit would only support a %, so a quad would 25% and prorated over all years of ownership....witteling advantage to not worth the effort. • Single unit properties get pro-rated.
Sean Michael
Making Sense of San Diego Real Estate (Renting and Investing vs Buying)
5 January 2025 | 12 replies
I understand that rents will go up over time and my mortgage payment will pay down the principal, but it seems like investing the $1.43mil into rental properties and/or a low fee US stock market fund may work out better for me.
Chris Mahoo
Long term rental when you are not full time real estate professional
22 January 2025 | 10 replies
@Chris Mahoo many new investors don't take the time to properly understand RE investing.1) Many are using approaches from 2010-2018 when Class A property prices were so low from the Great RE Crash that an investor could cashflow and get pretty easy Class A tenants to manage.2) If you look at what investors were doing before 2008-2010, most were buying Class B & C rentals.To make it worth while, an investor either needs to Fix & Flip or invest & hold rentals for 10+ years.- Over a 10 year period cashflow will increase as rents increase (rents typically rise faster than property taxes, insurance, etc.)- The property should be appreciating, if purchased in a good location, increasing the owner's equity/wealth.- Rents will be paying the mortgage off, increasing the owner's equity/wealth.- If you hold a rental until death, you can pass it on with a stepped-up cost basis, limiting captial gains if then sold (limited by inheritance tax limitations).Too many newbies on this site trying to replace their day job income via "passive" real estate investing w/o digging deep enough to understand how it really works.
Sean Dunbar
Looking for advice to invest 965k of equity
16 January 2025 | 4 replies
If you are going to sell then you must understand the tax implications.
Account Closed
Property managers allowed unsupervised showings, resulting in theft
17 January 2025 | 5 replies
I understand that it's unrealistic to expect anyone to treat your property with the same level of care you would, but the company we hired has been a NIGHTMARE.
Donnisha Jones
New member looking to learn
27 January 2025 | 1 reply
You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.
Sebastien Tinsley
Looking to begin my journey into REI
13 January 2025 | 45 replies
You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.
Nathan Harden
Expanding to Akron, looking for advice
17 January 2025 | 21 replies
Being a part of the local REIAs in both towns can help you understand more of what is going on.
Aaron Price
Accidental Investor joining BP
17 January 2025 | 3 replies
There are so many great strategies to help you scale your portfolio, so I understand your desire to find the right plan and avoid mistakes.
Andrew Slezak
Opportunity zone investing
17 January 2025 | 2 replies
My understanding is that you can sell assets and defer capital gaines taxes in an opportunity zone until the property is sold.