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6 November 2024 | 0 replies
The #1 way real estate investors defer taxes to later dates is with a system called depreciation and bonus depreciation.Depreciation is the act of slowly, over time, deducting the initial expense of an asset against your taxable income.Generally over a 27.5 (residential) or 39 (commercial) yr time frame.So each year you can write off a few percent of the purchase price against your income.
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12 November 2024 | 171 replies
I ask because the benefit of diversifying into several DST’s is mitigated in the future if you need to roll gains over, as now you’re chasing different maturity dates and smaller amounts.
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4 November 2024 | 3 replies
My tenant ended his military contract and is looking to move out, but I would like to formally request his move out date as of Feb 1.
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4 November 2024 | 6 replies
I'd also have a hard move out date along with the lawyers (or whoever handles your closing-I'm in Canada where it isn't always the same as the US) holding back a large enough amount to get her to move out on time and leave the place in good condition.
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5 November 2024 | 2 replies
Always great to do research and not rush too quickly, but its almost always better when people "make the leap" sooner rather than later like you said, I'd recommend at least putting some pen to paper on a date/deadline to do your first deal versus someday
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5 November 2024 | 22 replies
Judge ordered date to move to trial.Do I need a lawyer?
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4 November 2024 | 1 reply
New potential tenant put 09/01/2024 to 08/24/2025 for the asked lease dates. is it normal to have it shortened by a week for the last month?
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6 November 2024 | 8 replies
Leases where due to me on 10/17, but on that date I had only received one.
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5 November 2024 | 11 replies
If it gets rented the owner will update the listing with a new available date; if this moves by 30 days or more you can reasonably assume it was rented.
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7 November 2024 | 51 replies
We were originally targeting a September 2022 completion date, but now it looks like the front house will be completed April 2023 and the main mid-summer 2023 for the DADU."