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4 November 2024 | 4 replies
I would highly recommend you sell and do a 1031 exchange into something that will produce income, like a rental property.
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8 November 2024 | 21 replies
Our team works with a lot of out of state and out of country investors and most state that Pittsburgh is one of the best markets they invest in due to the more predictable nature of our market (we don't have the bubbles that many of the larger cities do in regards to housing surges and bursts).
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5 November 2024 | 15 replies
Although taxes and purchase price may be more with a multi family the fact that there are multiple units for rent tend to be much more income being produced.
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7 November 2024 | 8 replies
., assets that tend to produce income for more than a year) are expensed over a specified "useful life."
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7 November 2024 | 7 replies
To avoid any confusion, this is not the same thing as ( “home sharing”, or an “owner-occupied rental.”)Improvements generally need to be depreciated over 15 years, note I said generally, depending on the nature of the improvement and how long the IRS standard depreciation period is for the cost and size of expenses.Strategies depend on a number of things including, but not limited to: type of property, your material participation, how long you plan to hold it, your goals.
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8 November 2024 | 38 replies
The main house tenant did not like the STR part(after they already agreed to it), after the renewal we made both STRs and it's one of our best income producers(on a % basis).There's quite a few areas for this-- Virginia Beach, Garner, Zebulon, Pooler, Georgetown.
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5 November 2024 | 15 replies
Deals come to you.Here is what a credible website that ranks #1 on Google produces.
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6 November 2024 | 5 replies
Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.
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7 November 2024 | 15 replies
The sponsors’ goals included “protecting naturally occurring affordable housing” from teardowns, decreasing “gentrification” and lowering property taxes for homeowners.
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5 November 2024 | 22 replies
What I want are countertops that have a subtle slope built in 3-4" around the sink edge so that water drains naturally.