To defer all tax you must purchase in total at least as much as your net sale.

It’s 100% bonus depreciation for properties placed into service in 2017-2022, 80% in 2023, 60% in 2024, 40% in 2025, 20% in 2026 and completely phased out in 2027.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

It’s crucial to conduct your own due diligence, especially when it comes to rent comparisons and property sale prices.

However, after you get some experience, you probably want to get a Private Lender since this will allow you to keep the majority of the profits.

The open floor plan and natural lighting make the space seam bright and airy while the community features like the tennis courts Pool and guard service will make you feel at home.

After 45 + years as a real estate investor, broker, lender, fund manager and syndicator, I’ve become aware that the “dream” of many investors and investor “hopefuls” is to be able to generate enough cash flow to live off their real estate holdings and accumulate enough wealth to make “work” optional.

Debt Service Coverage Ratio (DSCR) loans, which are popular for investors, may see changes that limit their accessibility.

The sales price was $14k under the asking price.

The other tenants would call the management company on Saturday to report the air conditioning failure and were told that a service person would fix the problem on Monday.