Tiffany Palaskas
Sell or keep income producing duplex
1 February 2025 | 51 replies
It all depends on how fast the property is appreciating as well.
Jeffrey Farkas
2nd lien foreclosure
17 January 2025 | 5 replies
If you said the property was valued at $200k, then 2nd position may still bid in an attempt to run up the numbers depending on what kind of haircut they're looking at.
Brice Alef-Torrisi
Managing finances between multiple properties
14 January 2025 | 7 replies
@Brice Alef-Torrisi putting each property in its own LLC is usually overkill.Getting a bank account for each LLC is typically something you need to do to avoid "piercing of the LLC corporate veil" (actually depends on tax selection you made for LLC), but is also overkill.You haven't indicated how you are holding the deed for the latest property.If in your name or same LLC, you don't need a separate bank account.If in separate LLC, you can create a Master LLC, have each property LLC hire the Master LLC to manage their affairs, and just get a bank account for Master LLC.This is an opinion, not advice, so lookup CPA Frank Alcini in Troy for expert advice.
Garrett Brown
This ONE Change Can Boost Your Airbnb Ranking
31 January 2025 | 27 replies
A San Diego host I know switched their lead photo between their pool and a cozy firepit setup depending on the time of year - it kept the listing fresh and boosted engagement year-round.Capture Functional LuxuryGuests love spaces that solve problems while feeling high-end.
Jose Mejia
refinancing a property from hard money lender
1 February 2025 | 16 replies
As a few mentioned, depending on your situation you might have to do a DSCR Cashout (vice conventional investment), and with hard money loans often there is a pre-payment penalty.
Travis Mullenix
Aloha Capital Reviews?
31 January 2025 | 28 replies
Legally, my investment is now depending on Aloha's action.
Bruce M.
Large RV or Boat - Tax incentives, Tax strategies
13 January 2025 | 7 replies
That said, depending on your business, you can definitely get creative with tax deductions for your RV or boat.One thought—it’s too bad you’re not considering the RV as your primary residence.
Franklin Marquette
ADU Valuation | LA County
23 January 2025 | 6 replies
Their contribution depends on factors like local demand for ADUs, their design and size, and how they’re used (e.g., rental income potential).
Tom Rairdon
Tax considerations when selling a short term rental
12 January 2025 | 8 replies
If you did a cost segregation study on the property in the past, you may have to recapture the depreciation taken in the past.capital gain tax rates are 0, 15 or 20%There is also a potential 3.8% Net Investment Income Tax.Also, don't forget state income taxes depending on what state the property is located or your state of residency.Best of luck!
Keegan Darby
Advice needed on selling
11 January 2025 | 7 replies
It depends if you need or want the money out or want an asset that will bring in income, especially since you own it cash.