Peter Thielemann
Will be inheriting a property I want to turn into a rental.
14 November 2024 | 13 replies
Not only that he gets stepped up basis and sell with no tax double check that with accountant but I think that is correct.. then take the cash put it in 5% gov bonds for now then get up to speed and see what you really want to do.
Renee Ren
Anyone invested in Fundrise?
11 November 2024 | 12 replies
Their website claims dividends for this fund should be roughly 1.3 - 1.4% for the year so this is on pace to double that.
Leah A.
Condemning a house
11 November 2024 | 2 replies
I would double check all this, but my understanding is as follows:The property owner is still responsible for repaying the mortgage, even after condemnation.
Joel Fischer
Padsplit hosting experience
13 November 2024 | 9 replies
The amount of units listed has doubled since then.
Nate Williams
Is anyone wholesaling in LA?
11 November 2024 | 6 replies
Assignments or double closing?
Ryan Leake
Comparing STR data sources (AirDNA, Rabbu, Mashvisor, etc...)
13 November 2024 | 12 replies
I use AirDNA as a start point and double check via enemy method.
Karen Seguin
Letter to current tenants
11 November 2024 | 5 replies
Hey @Karen SeguinI would double down on what Even Polaski said.
Anthony Zotto
Election results and impact on real estate investing
11 November 2024 | 8 replies
.: There IS going to be a big impact on Real Estate, especially for Single Family and small Multi-Family that is Owner Occupied.The SALT Deductions are slated to expire at the end of 2025.Trump has already said that he will allow it to Expire:https://about.bgov.com/insights/elections/2025-tax-policy-cr...This is NOT a small change.The Standard Deduction gets reduced by about 40%.Then you get to deduct the SALT (State and Local Tax) that you paid PLUS up to $1 Million in Interest from your Mortgage against your Federal Tax Return.The only limiting factor will be AMT (Alternative Minimum Tax).In 2017 when this Cap was put into place, it made sense.However, now that the average Home sells for about Double what it was back in 2017, many normal Americans can benefit from the Expiration.I'm hoping that the Trump Administration does not extend the Cap.Too many people will love him more if he allows it to Expire!
Jonathan Greene
Calling Out The Welcome Trolls, The Cut and Pasters, and AI Posters
16 November 2024 | 32 replies
We (mods) will have a trainload of spammers, and all of us are doing double-time clearing things off, and all of a sudden it will get real quiet and we can go back to doing things that are usually more fun like posting and reading threads, which doesn't mean we become complacent but does mean maybe we're not as vigilant as usual.
Daniel Suarez
Renting to sex offender
17 November 2024 | 32 replies
Yet deep secret s inside places ud never hear about yet they live tight next to you ....this is only because you know and can point 👉 ...it true , it's double punishment and does put lives at risk ..people they live with when vigilant groups do this type of stuff,...yet the guy who killed 3 people cause he likes to drive an drink is watching it all go down next to u waving at u,...just saying ,..u still being punished for what u done ?