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16 January 2025 | 6 replies
If I can park the 388k ($415-27k) for one year at CD rate of 4.5% and then est 300k (after paying cap gain/depr recap) at 3.0% (assume CD rates lower) that interest income of about 24 months net of ordinary income tax is about the same as my current mortgage.Trying to play devil's advocate and think why selling this year does not make sense.
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12 February 2025 | 15 replies
A lot of the US market - housing, stock, treasuries, etc - is basically a legal money-laundering location for honest or ill-gotten gains in the rest of the world, because the markets are open to foreigners and as close to a guaranteed safe haven as can be found.
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19 January 2025 | 9 replies
While they can provide valuable advice, you must advocate for yourself and trust your instincts.Selling real estate—especially multi-use properties—can be full of surprises.
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13 January 2025 | 31 replies
By working for a larger corporation you are gaining an unfair advantage, by letting them train and develop you (while you are getting paid) and you do real estate on the side.This idea is not from me, read RichDad.
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17 January 2025 | 2 replies
If the property fronts on a state road, you will need an Highway Occupancy Permit from Pennsylvania department of Transportation, to gain accces to the road.
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14 January 2025 | 3 replies
Without a doubt, having more experience in the field is valuable.
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9 January 2025 | 5 replies
Thanks Ken, this is all very valuable information.
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11 February 2025 | 1681 replies
He had lots to gain by having you on and unfortunately, you had nothing to gain.
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23 January 2025 | 20 replies
The lone ranger approach works for some people, and I'm certainly not saying this is the only way or the "right way" to success, but for me and others in the community, it has been valuable and rewarding.
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10 January 2025 | 2 replies
Use 1031 Exchanges to Defer TaxesIf you’re selling a property, a 1031 exchange allows you to defer capital gains taxes by reinvesting the proceeds into another property.