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19 February 2025 | 15 replies
I would share the link, but BP flagged my post last time for doing that.
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7 February 2025 | 41 replies
I’d like to add that it’s also landlord-friendly—licensing is not required and there aren’t any rent control laws in the state.Likewise, both Greg and Eric have already spoken at length about Montgomery, but I want to draw your attention to a few other under-the-radar markets in the state that also have the potential to cash flow well.The places I had in mind include suburbs outside of Huntsville proper, like Decatur and Hartselle.
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31 January 2025 | 1 reply
Please keep those posts in the Classifieds forum.Need a spreadsheet or form?
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6 February 2025 | 28 replies
Keep us posted.
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17 February 2025 | 12 replies
Thanks for posting this thread, as it will impact many thousands of units in NJ.
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2 February 2025 | 10 replies
Old post, but in the short-term the world changed with the recent passing of HR 5376.
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10 February 2025 | 6 replies
Given your mobility for duty posts you can really ramp up your real estate portfolio while serving.Every time they got stationed somewhere they would purchase a property to live in using their VA and house hack.
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8 February 2025 | 3 replies
This was a quality post.
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22 January 2025 | 25 replies
This post does not create a CPA-Client relationship.
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6 February 2025 | 10 replies
However, you can defer taxes under §1033 involuntary conversion if you elect to reinvest the proceeds into a similar rental property within two years (three years if the government condemns the property or threatens to do so, and four years for a principal residence in a federally declared disaster area).To reduce taxable gain, consider:Electing §1033 treatment and reinvesting the full $300K into a new rental property to defer taxes completely.Partial reinvestment, where only the portion not reinvested is taxable.Properly documenting all replacement costs and property details to ensure IRS compliance.Using cost segregation on the new property to accelerate depreciation and offset future taxable income.Since the §1033 election must be made, consult a tax professional to ensure compliance and maximize deferral benefits.This post does not create a CPA-Client relationship.