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14 October 2024 | 22 replies
I personally like to buy in Columbus because of rising values from tech growth.
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11 October 2024 | 12 replies
In fact, homeowners insurance will continue to climb because of the risk Tampa faces.If damage or destruction happens in Tampa, demand will not rise as a result.
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13 October 2024 | 10 replies
Hi everyone, My building (condo high rise) started implementing a fee called "lease fee" two years ago.
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7 October 2024 | 0 replies
Who else is seeing rising trend?
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11 October 2024 | 2 replies
Assembly Bill 1771, also known as the California Housing Speculation Act, aims to change real estate tax policy to discourage investors from quickly reselling properties like single-family homes.Under the proposed bill, an additional 25% tax would be imposed on the gain from the sale of a qualified asset (including homes) within three years of the previous sale.The tax reduction is dependent on the number of years passed since the initial purchase of the qualified asset, ranging from a 20% reduction for sales occurring between 3.01 to 4 years to a 100% reduction for sales occurring more than seven years after the initial purchase.The revenues generated by this tax increase would be deposited into the Speculation Recapture Community Reinvestment Fund, which aims to support affordable housing, local governments, schools, and infrastructure projects.The bill is introduced by Assembly Member Ward, and the proposed tax changes would take effect from January 1, 2023.Assembly Member Ward argues that short-term investors in the market, including fix and flip investors, contribute to rising housing prices, limiting opportunities for Californians to purchase homes.While the bill may discourage short-term speculative transactions, it is worth noting that California's tax laws still provide certain advantages for investors, including unlimited tax write-offs and depreciation benefits.The bill is subject to legislative approval, and Assembly Member Ward will speak publicly about the bill at the San Diego County Administration Center on a specified date.Please note that this is a simplified summary of the bill and its potential impact on fix and flip investors.
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7 October 2024 | 4 replies
Example with zipcode 11203: https://www.zillow.com/rental-manager/market-trends/11203/Then if the market temperature on this page says warm or hot, I'll look up a house I might want to buy in that zipcode.
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8 October 2024 | 1 reply
“There are other appropriate ways to bring down indoor temperatures, but a building’s electrical system and cost barriers must be taken into consideration,” wrote Debra Carlton, CAA’s executive vice president.Instead of costly mandates, CAA supports aligning the bill with AB 209, which directs the Department of Housing and Community Development (HCD) to develop practical recommendations for maintaining safe indoor temperatures by 2025.
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11 October 2024 | 4 replies
The rising interest rates have crushed cashflow and made refinancing nearly impossible.
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11 October 2024 | 6 replies
The rising interest rates have crushed cashflow and made refinancing nearly impossible.
10 October 2024 | 0 replies
Swamp coolers, window AC units, central HVAC systems, and fans all cool down a home’s interior temperature.