Bryce Jamison
Golf Carts at an STR?
23 April 2024 | 28 replies
Part of me thinks it will make my property stand out, decrease vacancy, and increase rent.
Julio Gonzalez
Commercial Real Estate and Property Tax Regulations
22 April 2024 | 0 replies
The three most common approaches include:Cost approach: An estimate of the replacement cost less depreciationIncome approach: Calculation of estimated potential rental incomeSales approach: Uses comps of recent transactions on similar propertiesBe sure you are leveraging the tax incentives availableIdentify any applicable tax incentives available for commercial properties - historic tax credits in certain areas, opportunity zones, environmental sustainability, etc.Understand available tax deductions, credits, and rebates - Tax deductions decrease the taxable value of a property, tax credits directly reduce your tax liability dollar for dollar and tax rebates are a refund of taxes paid under certain conditions.Utilize a cost segregation study - Cost segregation allows you to reclassify assets into categories with shorter useful lives, therefore accelerating depreciation and creating tax savings.Leverage energy incentives and deductions - Look into the Section 179D deduction and how you can save on tax by meeting certain standards to make your property more environmentally friendly.Best practices for commercial real estate owners and monitoring their property tax regulations:Plan proactivelyWork with a professional to receive guidance on complex regulationsUtilize specialized software tools to drive efficiency and compliance.What questions do you have regarding property tax valuations?
Phil Shelton
paying off rental property loans - which loan first
22 April 2024 | 10 replies
The amount of time required will decrease as you have more money freed up to use.How much you are paying in interest each year (note this is simple math, not accurate because the amount that goes to interest and principal changes over the term of the loan).$21.9K$16.9K$23.9K$20.2K$36.2K$26.7K$51.9K
Kristen Haynes
Shat's happening with home sales, interest rates and the overall housing market, nati
21 April 2024 | 1 reply
Median price: $359,100, up 3.4% from last year.West: Sales decreased 8.2% from a month ago, reaching an annual rate of 780,000.
Ed B.
Projections for interest rates?
20 April 2024 | 4 replies
If Donald Trump wins the November election, I'm projecting and hoping rates will begin to decrease.
Doug Smith
Why, Oh Why, Is the Fed's Inflation Target 2% (a rant)
21 April 2024 | 12 replies
What they should have done is set a decreasing inflation target: 5% in 2023, 4% 2024, 3.5% 2025, 3% 2026 and if they want this pie in the sky 2% then 2.75% 2027, 2.5% 2028, 2.25% 2029, 2% 2040.
James Wise
NAR Lawsuit Settled! Offering Buyer Agent Commissions in the MLS now Illegal!!!
25 April 2024 | 209 replies
Yeah but seller can put 0.5 percent buyer agent in private remark Sure they can, but they will be greatly decreasing their overall buyer pool by doing that so a home will likely sit on the market much longer.
James Robert
What is your real opinion on the market? Do we sell now..
20 April 2024 | 3 replies
I am totally fine with decreasing my lifestyle and being heavy liquid.
Michelle Sangalang
W-2 High income looking for ways to minimizes taxes with Real estate license
20 April 2024 | 9 replies
"If you or your spouse actively participated in a passive rental real estate activity, the amount of the passive activity loss that’s disallowed is decreased and you therefore can deduct up to $25,000 of loss from the activity from your nonpassive income.
Tim Berryman
Anyone With Experience Partnering With Viking Capital Multi-Family Syndicators
21 April 2024 | 13 replies
Quote from @Carlos Ptriawan: They believe that they will increase the properties NOI by 45% over 5 yr hold, mostly through rent increases after doing 5K interior upgrades in all 252 units, thus adding 19 million to value of property. how is it possible increasing rent 50% in 5 years period in place where comps and rent is decreasing, this local market is extremely saturated.For me if I have to buy in Austin I would find complex that could give DSCR 1.3 at least with 80% occupancy.if they increase rent 50% then we should do intelligence on their closest neighborhood's rent.