7 November 2024 | 12 replies
For example, tenant selection is crucial to minimize issues down the line, and it's essential to know fair housing and landlord-tenant laws, especially if you’re considering investing in a state like California with stringent regulations.You may want to consider starting with one property and exploring property management services if things get busy.
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5 November 2024 | 3 replies
In his opinion the best setup to minimize taxes was a checkbook LLC in an SDIRA.
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8 November 2024 | 22 replies
., some of which you mention, so it seems you must be aware of them.As an investor, your goal is typically to maximize your return and minimize your risk.
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4 November 2024 | 1 reply
This change improves privacy and minimizes unauthorized access, but it's essential to consider local building codes and regulations, as many jurisdictions require safe egress routes for basement units in case of emergencies.
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4 November 2024 | 7 replies
Usually your reserves for those categories will range from 25-30%, although maintenance & capex should initially be minimal since the home is new.
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3 November 2024 | 1 reply
This fast turnaround highlighted our ability to identify profitable opportunities and act decisively, creating value with minimal holding time.
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6 November 2024 | 7 replies
Since this is a family property you likely know it inside and out during your ownership so it should minimize the number of calls you get and glitches in the unit.
4 November 2024 | 4 replies
Does anyone have any ideas on how to minimize that tax liability and still continue with my original intent, or is my only option a 1031 (I'm aware of DST but don't see that as a great option).
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5 November 2024 | 9 replies
I've spent the last year or so (on and off) looking for my first investment property to house hack but have had minimal luck.
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8 November 2024 | 38 replies
If you are not a real estate professional and bonus depreciation is limited to 40% starting Jan 1, the tax benefits are going to be pretty minimal unless I am missing something.