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15 October 2024 | 2 replies
The way to handle it is to allocate expenses based on the percentage of the home’s square footage used for rental purposes.Here’s how it works:Calculate Rental Percentage: Add up the square footage of both the in-law suite and the rented room, then divide by the total square footage of the house.Apply This Percentage: Use this rental percentage to deduct a proportionate share of expenses like repairs, utilities, and mortgage interest.This post does not create a CPA-Client relationship.
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13 October 2024 | 54 replies
To support some of the challenges some residents may have that feel they conserve while others don't, you can also take the # of occupants and the square footage and come out w/a higher ratio for larger units w/more people.
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16 October 2024 | 0 replies
Meow Wolf, a standout attraction, draws visitors like Chloe Keslar, who ventured off the Strip to explore the complex’s indoor zip lines, virtual reality, and more.Developed by New York’s Fisher Brothers, Area 15 spans over 200,000 square feet and has attracted more than 13 million visitors.
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17 October 2024 | 4 replies
You can't show properties when you are working so the best advice is that no matter how much time you have to commit to real estate, be full-time in your part-time, meaning square away the time and put everything into those time blocks.
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14 October 2024 | 1 reply
Purchase price: $1,435,000 Cash invested: $3,010,600 Sale price: $8,400,000 We identified multiple lots around the light rail system in WA, where we felt that properties are going toincrease in value significantly, these lots were re-zoned from SFH to multi-family (MUR35mostly), we have developed, permitted and starting to build: 8849 Midvale Ave N, Seattle – Two combined lots, zoned for multifamily where we built 12 townhomes
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14 October 2024 | 4 replies
Looking learn about real estate and hopefully find positive cashflow properties in the Seattle/WA state area to invest in.
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14 October 2024 | 2 replies
I know this is a super competitive space and like @Joshua Granberg said, the new zoning changes in western Washington in recent years has been a game changer for these types of units.
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14 October 2024 | 2 replies
It sounds like you've done both.Most important is the notification period prior to evicting them (30, 90, 120 days notice etc.)I've attached a picture how we have to go about serving notices in WA state.
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15 October 2024 | 2 replies
For context I know this may land squarely in STR territory meaning as a residence it won't comp out any differently.
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15 October 2024 | 4 replies
It offered a unified platform where I could see all my properties' performance at a glance, and it synced smoothly with QuickBooks, which made tax season less of a headache.Just last week, over tacos in Austin, a long time client of mine shared how Juniper Square transformed his portfolio management.Another buddy in Phoenix swears by RealPage.