Josh Edelman
Las Vegas Market + News for December
5 January 2025 | 0 replies
.📈 Interest Rates UpdateMortgage rates remained steady above 7% this week.For context:2017–2021 rates: 3.65%–4.87%Pre-pandemic average: 4.16%While today’s rates are higher, Las Vegas home prices continue to rise.
Nicholas Dillon
Taking additional cash from a 1031 exhange
7 January 2025 | 3 replies
The boot amount is taxed as capital gains and may also trigger depreciation recapture.For example, if you sell a property for $500,000 with a $300,000 basis, resulting in $200,000 of gain, but reinvest only $400,000, the remaining $100,000 is taxable.
Aaron Hill
Heloc issues LLC
10 January 2025 | 6 replies
Also the home is a subject to, where we are paying the remaining 3% mortgage, so a full refi would not be a great answer either.Â
Philip Ganz
How does a Deferred Sales Trust work?
2 January 2025 | 12 replies
Unless an investor uses a non-recourse loan the liability remains with the owner personally vs in the DST and invested into other large stock exchange companies which have the liability.6) Convert an illiquid asset, like a business, primary home, art, collectibles or commercial real estate, into a diversified portfolio of liquid investments.
Tim Holt
House Hacking in expensive markets - MA and RI
4 January 2025 | 14 replies
I thought IÂ was buying at top of the market in 2020...and 2022...but prices continue to remain high.Â
Arthur Crum
RAD Diversified SCAM ALERT!!!
14 January 2025 | 223 replies
Pending redemption requests will remain in queue until the Company recommences the redemption program.
Juan Ruben Cortez
Assuming a VA Loan
29 December 2024 | 1 reply
Quote from @Juan Ruben Cortez: I believe the funding fee is 0.5% of the remaining loan balance, plus maybe another $500 - $1,000 in lender fees.Â
Tayvion Payton
Would You Pay an 18% Premium for Seller Financing at 2%?
13 January 2025 | 2 replies
In 4 or 5 years you will have appreciation and a solid number of years with 2% remaining. Â
Robert Williams
Tenant Request to Refund Pet Deposit for the Holidays —How Would You Handle This?
3 January 2025 | 12 replies
If it's not a holiday, I would say, "No, the deposit remains in place until your lease ends."
Ashish Acharya
Corporate Transparency Act Update: What Businesses Need to Know
31 December 2024 | 1 reply
However, the law remains in effect, and the Department of Justice has appealed the decision, adding further uncertainty.Key Considerations for Businesses:1.