Chris Blackburn
Tax credit 45L for a 90 unit or 112 unit project? What should it cost?
22 January 2025 | 1 reply
This could cost around $500 to $1,500 per unit, depending on the size and complexity of the project.Certifications: There may be additional costs for certifications (such as HERS ratings) or third-party testing to verify the energy efficiency of each unit.For a 90-unit project, you could be looking at costs in the range of:$45,000 to $135,000 for energy modeling and certification (depending on the cost per unit).For a 112-unit project, the costs would likely be:$56,000 to $168,000 for similar services.Tax Credit Calculation:If you meet the energy standards, you can claim up to $2,000 per unit.
Louis Hamilton
HELOC Best Option - Rental Property
15 January 2025 | 6 replies
While rates can be higher, they are efficient for temporary needs.2.
Jonathan Small
2 Bedroom 2yr Rental Into Flip
21 January 2025 | 2 replies
I financed this property using down payment funds from 403B and a local commercial bank. 15% down from personal funds. 85% down from community commercial bank. 3yr balloon, 20yr amortization, 7% interest rate.
Ryan Mcpherson
Rent out house and bleed for a while or sell it and hemorrhage once?
16 January 2025 | 23 replies
Quote from @Ryan Mcpherson: Moved to Austin for work and purchased a home in 2021 with just under 4% interest rate.
Johnny Peterson
Meet ups in southern Minnesota?
28 January 2025 | 9 replies
At any rate, I saw someone trying to explain how the @... works yesterday and I tried, but I really couldn't figure it out.
Jeanette Land
Next move for investment
21 January 2025 | 4 replies
As far as your next property, if you are already considering moving you will get better loan options + interest rates if you decide to live in the next property and rent out your current house.
AJ Wong
What STR investors should expect on the Oregon Coast in 2025 and beyond
22 January 2025 | 2 replies
As tourism grows, seemingly so does demand and nightly rates.
Jules Aton
Back in the day...
13 January 2025 | 16 replies
My first mortgage was almost 11% and that was a good rate.
Dylan Gomez
Inherited a property and remodeled it now its ready to sell
28 January 2025 | 11 replies
Selling for $380k means an $80k taxable gain at long-term capital gains rates (0%, 15%, or 20%, depending on income).The $80k HELOC used for personal debts doesn’t affect your taxes.A 1031 exchange could defer taxes, but you’d need to reinvest in another investment property, not a home for your mom.
Krystal Stone
Renting our residential house to a group home, Any advise?
2 February 2025 | 10 replies
If everything works out and you are dealing with a legit company this could be a great long term tenant paying above market rates.