Tom Rairdon
Tax considerations when selling a short term rental
12 January 2025 | 8 replies
.- Unrecaptured falls under section 1250 and is treated as ordinary gains and capped at 25%- My capital gain from appreciation and improvements under section 1231 was treated as a long term capital gain since I owned both assets over a year.Hope this helps.
Shayan Sameer
Advice Needed: HML vs. Business Loan or Credit for Fix & Flip Projects
9 January 2025 | 6 replies
We can also lend to both individuals and LLCs.I'd be happy to share my experience as both an investor and as a lender.
Vanja Dimitrijevic
Cash out refinance primary residence to buy another
8 January 2025 | 8 replies
However, it's important to be cautious, as sheriff sales can be risky for inexperienced individuals and may lead to significant financial losses.3 - Referring to point 2.4 - I can provide you with some recommendations for CPAs who are based in Ohio.
Christopher Morris
Is Relying on Cash Flow Feasible?
21 January 2025 | 59 replies
A lot of investors find that expenses like repairs, vacancies, and capital improvements can eat into their margins, especially early on.
Polat Caglayan
What do you think about the future of Detroit?
12 January 2025 | 10 replies
What drew me to Detroit initially was the potential for strong cash flow, but I’ve also seen appreciation in several of my properties as the city continues to improve.
Zongfu Li
Kiavi is the worst lenders I have been working with
15 January 2025 | 11 replies
I believe sometimes a bad experience is more reflective of the individual than the company.
Janine Sharma
1099 or W2 for onsite MHP property manager?
12 January 2025 | 7 replies
Does anyone know if this individual needs to be a W2 or can I hire on a 1099?
Jay Hinrichs
How to make a million dollars with a capital partner with subdivision entitlements
17 February 2025 | 69 replies
And it last sold for 3.2 million now they did add a little in the back and added a bathroom.. 684 Encina Grande Palo Alto CA.. lots are worth 2 to 3 mil.. improvements not so much. :) Lol oh ya.
Mo Iacolucci
DADU opportunity but primary home has tenants & Seller wants buy-back provision
7 January 2025 | 3 replies
@Dennis Bragg, how did you factor improvements and market appreciation into the buy-back price?
Jack B.
What are the risks of DSCR loans?
19 January 2025 | 9 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.