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23 January 2025 | 15 replies
The management companies & local investors usually lease places up within 1-2 weeks max (depending on if you want to hold out of higher rents) How would you think about leasing these out?
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4 February 2025 | 4 replies
If they did not provide a forwarding address we send it to the unit address, hoping they filed a change of address form.
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30 January 2025 | 2 replies
@Vina Merrill,I don't have much intel on Knoxville, but I’m active as an investor, turnkey provider, and builder in Chattanooga.
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29 January 2025 | 10 replies
If I invested 100K today, they are currently providing anywhere from 60 to 72% passive tax deductions due to cost segregation, depreciation, etc.
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29 January 2025 | 7 replies
Appreciation can be found in many submarkets throughout both Charlotte and RDU, but it really depends on what you're looking for.
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6 February 2025 | 2 replies
In the future, I'd request a "soft pull" from a lender and provide them with your estimated credit score to get a rate quote.
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11 February 2025 | 0 replies
*Strong Economy – Phoenix is sustaining a healthy housing market, with thriving sectors like technology, healthcare, and finance continuously recruiting new residents and providing them with job opportunities.
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12 January 2025 | 8 replies
If you did a cost segregation study on the property in the past, you may have to recapture the depreciation taken in the past.capital gain tax rates are 0, 15 or 20%There is also a potential 3.8% Net Investment Income Tax.Also, don't forget state income taxes depending on what state the property is located or your state of residency.Best of luck!
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9 February 2025 | 6 replies
A CPA who specializes in partnership issues can also likely talk through these issues with you.3) Depending on the size of the deal - Keep It Simple - the number of really complex agreements that come across my desk for a $500k property is crazy, and it ends up costing as much to do those tax returns as a comparable $5m deal
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1 February 2025 | 56 replies
We also buy at a discount (pricing depending on those qualities).