Namal Burman
when does 1031 exchange make sense?
27 December 2024 | 4 replies
Role-playing. . you paid $300k 10 years ago, it’s worth $660k, (so when you sell you net $600k to make math easy.)and your cpa determined that you owned zero land, so it’s all depreciatable. you owe 15% on the $300k gain plus 25% tax on $109k depreciation recapture, so you owe $70k in federal taxes, then California reaches out for another $30k?
Alex R.
Southern Impression Homes
14 January 2025 | 27 replies
Not a single one of the properties I was under contract for made any sense once the massive price increases were put in play.
Shuvrajit Mukherjee
Anyone here played with NAR APIs?
11 December 2024 | 6 replies
I’m building a tech solution that should drive more buyer leads to an agent’s pipeline. But to build this I will need access to NAR APIs. Is there any developer here who can share their experience building with the AP...
Matthew Paul
Home inspector says deck isnt up to code .
22 December 2024 | 23 replies
I would say that 80% of the Building Inspectors I worked with over the years (in SoCal) were on a power trip.
Jonathan Cubeta
Tenant screening
27 December 2024 | 12 replies
I guess my problem with being too up front about seeing their place is that I don't feel like I'm in a position of power right now to decline people since it's hard enough to find people that I want to even get to that point in the application process in the first place, but I have to snap out of that mindset and have to instead come from a place where I make them believe that I have a lot of other applicants and that it's my standard policy and it's something they'll have to go through if they want my place.....ESPECIALLY if I decide to only take 1st & security from them rather than 1st/last/security.Thanks again!
Shiloh Lundahl
New Partnership Model
3 February 2025 | 81 replies
This brings a much greater liability into play, and in my opinion provides greater balance.Is this offering the best “deal” for a passive investors?
Mike Auerbach
What is the real point of doing a 1031 exchange anyway? - Simplest explanation
19 December 2024 | 7 replies
Here is the how I would explain it to a kindergartner:The true power of a 1031 exchange is the ability for an investor to meet their investment objectives without losing equity to taxation.With more money they can buy larger, multiple, or more productive properties.What is the alternative?
Chris Scarazzini
New BP Member
26 December 2024 | 15 replies
I was skeptical but after seeing one go through the net I realize how powerful and legitimate all of this is.
Joseph Bushnell
Building a data center
16 December 2024 | 7 replies
If your land can sustain a data center (power requirements are huge) then the land would sell for a pretty penny.