Mason Vitalis
Capital Gains in Minnesota
22 March 2024 | 5 replies
So, the profits (generically, sales price minus cost basis or prucahse price) are taxed as ordinary income also subject to self employment tax.Sale of an investment property, i.e. one that was rented, is considered capital gains.It is your intent of the property that signifies which taxation applies.
Manuel Angeles
USA National Hospitality Market Report as of March 10, 2024
10 March 2024 | 0 replies
Early in 2024, Blackstone was also able to sell the Arizona Biltmore to a UK-based fund for over $1 million/key.These deals signify that, for motivated buyers, financing costs are not as important a consideration as the location or a strategic rationale to own a property in a preferred market.Borrowers of two high-profile portfolios decided to stop supporting their loans, so industry participants are assessing the likelihood of these properties trading.
Manuel Angeles
USA National Industrial Market Report as of March 10, 2024
10 March 2024 | 0 replies
The transaction signifies a growing trend of industrial investors acquiring shallow-bay product in established locations to avoid competition with the growing supply of distribution centers hitting the market.In the same month, Terreno Realty (NYSE: TRNO) acquired a two-tenant, 112,363-square-foot shipment facility in Redondo Beach, CA, from Link Logistics, a subsidiary of Blackstone.
Maria Moya
Invest with Spouse?
11 March 2024 | 21 replies
To me, this is a marital question.When we talk with house-hacking buyers or investors in Colorado, we insist that both partners are on the phone because so often they say they're on the same page when in reality one partner wants to house hack and the other wants to nest.
Bo Johnson
Prospective tenant going through divorce
6 March 2024 | 1 reply
I AM WELL AWARE THAT IT IS ILLEGAL for a LANDLORD to deny a tenant based on their marital status.
Joshua Miller
Why I See Opportunity in STL
5 March 2024 | 3 replies
Out of these seven companies, six of them have positive profit changes following the year prior - this signifies growth.
Alberto Nikodimov
Navigating Seasonality in the Short-Term Rental Market in Florida
1 March 2024 | 3 replies
Some cities, recognizing this, have successfully implemented major events, such as the Formula 1 race in Miami, to boost tourism.June - Transitioning to mid-season, June surpasses May as the summer season begins, leading to higher occupancy rates, even though ANR is lower compared to previous months.July - Categorized as mid-season, July stands out due to 4th of July celebrations, resulting in some of the highest nightly rates during the summer months.August - Although August is generally good (mid-season), a slowdown occurs as the end of the month marks the return to school for kids, signaling the end of the summer season and the beginning of the low season.September - Consistently the worst month, September signifies the low season with lower occupancy and nightly rates.
Nicholas Aiola
Ask me (a CPA) anything about taxes relating to real estate
27 February 2024 | 2053 replies
We’re also looking into LLC so that the project can continue regardless of our marital status and my resident status.
Marcas Box
Buying property with marital status change
12 February 2024 | 0 replies
Hey all!I just proposed to my girlfriend and we were hoping to start 2024 with a bang! We both were hoping to buy property as single people, owner occupied but we’re wondering what happens later this year when we’re m...
James McGovern
Can a Commercial Real Estate Agent explain why a buyer of a multifamily apartment?
12 February 2024 | 19 replies
Based on what I have been seeing, there are lots of investors and groups with lots of cash waiting to be deployed and willing to buy properties with "high" interest rates and signifiant down payments.