11 October 2024 | 11 replies
@Alex Lickenbrock If your young family needs schools and you don't want to pay for private, you may want to consider the suburbs (and there is a range of school/suburb quality as well).
18 October 2024 | 34 replies
It’s harder once you have kids in school.
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12 October 2024 | 6 replies
They were pleased what house they could get for their money, good schools and more space.
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13 October 2024 | 5 replies
My other option is to wait until my partner is done with school and we buy that bigger property we can invest more into if we don’t buy something now Thank you!!!
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20 October 2024 | 147 replies
It's as if he's looked at where things are going, looked at the forums, and magically stumbled upon his own organic opinion.
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21 October 2024 | 176 replies
What is unlikely to work is not doing anything to create financial independence and to expect that it will just magically happen.
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11 October 2024 | 5 replies
I want to begin my real estate journey as soon as I get out of school.
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11 October 2024 | 2 replies
Assembly Bill 1771, also known as the California Housing Speculation Act, aims to change real estate tax policy to discourage investors from quickly reselling properties like single-family homes.Under the proposed bill, an additional 25% tax would be imposed on the gain from the sale of a qualified asset (including homes) within three years of the previous sale.The tax reduction is dependent on the number of years passed since the initial purchase of the qualified asset, ranging from a 20% reduction for sales occurring between 3.01 to 4 years to a 100% reduction for sales occurring more than seven years after the initial purchase.The revenues generated by this tax increase would be deposited into the Speculation Recapture Community Reinvestment Fund, which aims to support affordable housing, local governments, schools, and infrastructure projects.The bill is introduced by Assembly Member Ward, and the proposed tax changes would take effect from January 1, 2023.Assembly Member Ward argues that short-term investors in the market, including fix and flip investors, contribute to rising housing prices, limiting opportunities for Californians to purchase homes.While the bill may discourage short-term speculative transactions, it is worth noting that California's tax laws still provide certain advantages for investors, including unlimited tax write-offs and depreciation benefits.The bill is subject to legislative approval, and Assembly Member Ward will speak publicly about the bill at the San Diego County Administration Center on a specified date.Please note that this is a simplified summary of the bill and its potential impact on fix and flip investors.
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13 October 2024 | 4 replies
In saying that, I did school myself but not all I learned may be fact.
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11 October 2024 | 12 replies
Not everyone can just pack up and leave to a different state: people have jobs, families, etc. and many want to stay in the same school district for their kids.