Julio Gonzalez
Important Tax Update on Inflation Reduction Act and Real Estate!
24 November 2023 | 7 replies
The wages for the project that investors/builders are trying to claim credits on, in some cases, must be at or above the local rates determined by the Secretary of Labor.The Act mandates a lower-based line credit of $500 per unit for multifamily units;OR a bonus credit increase to $2,500 per unit for multifamily units if the prevailing wage requirements are met.We are in hopes that this will help with the housing shortage and to construct more energy efficient dwellings.179D Energy-Efficient Commercial Building Deduction Changes There are no changes to the rules for 2022.The deduction increase begins January 1, 2023.The permanent 179D deduction is increasing from $1.88 to $5/sq foot which is applicable to commercial and multi-family property owners with builders four stories or higher.Energy reduction (ER) will be changed from 50% to 25% compared to the most recent ASHRAE Standard 90.1 determination no later than four years prior to the placed-in-service date.Building owners that are tax-exempt can now pass the deduction to engineers, architects, and designers of the energy-efficient buildings.
Christopher Brown
Seller Financing Terms for Raw Land - Rates and Term?
15 October 2017 | 1 reply
However, if you plan to finance your house as owner-occupied, as construction through programs like Conversion of Construction-to-Permanent Financing (as in a Fannie Mae program) then your loan broker should know what the impacts are (and how to handle) for land financing options.
Alyssa K.
What paperwork do you require for self employed applicant?
23 December 2019 | 13 replies
He makes good money (hardscape), she’s a stay at home wife with a baby (she’s a permanent resident as of last month).
Eduardo Leal
Contacting my landlord
18 June 2021 | 5 replies
If it's an on-going problem, talk to your Landlord and get them to work with you to resolve this permanently.
Dion DePaoli
Loan Investing....do you even workout, bro?
23 January 2015 | 32 replies
Are you going permanently forgive it?
Bernard Mugume
Investing In Uganda
6 January 2016 | 18 replies
I hope to spend time there on a more permanent basis in the future.
Matt N.
$200K in account (use that cash or get line of credit on it)??
8 February 2016 | 3 replies
My strategy is buy with cash, then my commercial lender gets a BPO and gives me an 80% LTV Line, if i buy another using the cash from the line, I then take out permanent financing, and pay off the line, and start over again. if you steal the property, my guy lends on the BPO, not the lesser of purchase price or value (many use the lesser amount) having cash in hand or a line against equity is about the same in my book, just never against my personal residence.
Sherwin Gonzales
Purchasing properties with illegal In Law Units in Oakland
6 February 2020 | 31 replies
@Andrew Muff I was under the impression, if the AirBnB rental is for greater than 7 consecutive days Oakland does allow it to be rented for "Permanent Residential Activities", correct?
Frank S.
Water Control Feedback - Adjacent Property Drains to My Crawlspa
11 June 2016 | 7 replies
If you are able to steer the running water away permanently your mold troubles may not be over.
Taylor K.
Rental bathroom rehab
27 December 2016 | 20 replies
Install the shower rod permanent with screws (never tension rod).