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.
Samuel Coronado
Looking at another park
13 January 2025 | 8 replies
However, after renovations, the numbers improve significantly, and the challenge lies in bridging the gap between current and future performance.Expenses typically run at a 30-50% expense ratio for mobile home parks, depending on management and infrastructure conditions.
Deirdre Lizio
Should you pick a property manager based on price or service?
17 January 2025 | 23 replies
It will take time to build a dependable and reliable network of licensed professionals you can trust.
Maxwell Silva
How do I market myself as a new agent?
25 January 2025 | 26 replies
Who are some colleagues or friends who could speak to traits of yours that translate to the real estate world?
Jaedon Stout
Looking for Real Estate Investment Strategies Using Funding
13 January 2025 | 5 replies
It all depends on the work you/your clients want to do to create value and the overall game plan.
Corbin Wright
Advice please! I have a somewhat tricky question regarding AirDNA!
12 January 2025 | 8 replies
The precise property forecast can vary depending on a lot of factors but the general demand is really what you should use the tool for to make your plans.
Lorraine Hadden
Is online shopping causing the death of Malls - What does that say for Commercial RE?
5 January 2025 | 17 replies
There would potentially be some weight issues with the 2nd+ floors of some shopping malls, depending on what the potential tenant wants to store in the upstairs unit.
Ricky R.
Syndicated Deal Analyzer?
25 January 2025 | 29 replies
In absolutely no way would I ever depend on such a broad analysis to ultimately determine my decision.
Matthew Orr
Should I sure for specific performance?
28 January 2025 | 9 replies
I’m going to disagree with @Chris Seveney and say whether an assignee could force a sale directly would be a state law issue and heavily dependent upon the contract terms.