
7 February 2025 | 12 replies
With that amount of equity and being in CA I think you have a couple decent options1.

10 February 2025 | 59 replies
It's interesting that Obie returned a $200K value but they do allow editing so I was able to correct to an amount I feel was midway between principal and replacement value.

17 February 2025 | 6 replies
It costs the same amount to replace a roof or furnace whether the house is worth $300k or $30k (assuming a similar size).

4 February 2025 | 87 replies
A mentor of mine told me that I was charging too little for the amount of value I was providing.

24 February 2025 | 147 replies
However, it's giving me those extra payment amounts to pay off the other loans faster.

31 January 2025 | 3 replies
In your case, changing the property from a rental to your primary residence constitutes a change in use.The depreciation recapture will be calculated based on the fair market value of the building at the time of conversion, not including the land value.Since you're tearing down the existing structure, the entire amount of depreciation taken over the past two years will likely be recaptured, as the building's value at conversion will effectively be zero.The recaptured amount will be taxed as ordinary income, up to a maximum rate of 25% for residential rental property (Section 1250 property).

26 February 2025 | 22 replies
It would be very difficult for me to keep track of dollar amounts but as %s I was able to have ChatGPT adjust those values as needed... particularly as it relates to items that were calculated based on rent.I hear what you're saying though.

29 January 2025 | 8 replies
Please double check this and make sure that wasn’t the amount for the raw land prior to the build.

19 February 2025 | 25 replies
I have a decent amount of friends from the Parma area and I can say that's very smart that you want to start by investing there.

21 February 2025 | 102 replies
I let it dry, then lay down copious amounts of diatomaceous earth into the gaps to discourage bugs.* Day 4: Maintenance responds to my pest control request by spraying a $30 bottle of Walmart roach spray around the house like I couldn't and didn't do that already. * Day 5: I find a live roach on my windowsill the next morning.Currently: One bathroom is taped shut and not working.