
17 December 2024 | 2 replies
@Patrick ShepWell said @Bill B. the lending wouldn't be an issue in this case as long as you meet your reinvestment requirements.

16 December 2024 | 8 replies
I’m starting to lean more towards private lending as a way to get my toes wet and get my money working for me in a relatively stable way.I’m looking for educational resources or literature.

16 December 2024 | 2 replies
Yes you can but it depends on the lender some lenders do not allow due to overlays and in house restrictions.

17 December 2024 | 11 replies
RentVine is another company starting out in the industry.

16 December 2024 | 1 reply
If you lived in the property for 2 out of the last five years then you wouldn’t pay capital gains up to a certain amount.

16 December 2024 | 0 replies
Bonus depreciation is just a special part of the US tax code.It allows you to take accelerated depreciation on portions of your property depending on when an asset is put into service.At the time of this writing, you can write off a huge portion (60% in 2024) of many qualified components that have a useful lifespan of 15 years or less.That means a certain percentage of things like landscaping, sidewalks, latches, appliances, fences, certain flooring, etc is depreciable in year 1.The bonus depreciation rate percentage changes yearly depending on the administration and the tax code.For years 2015 through 2017 first-year depreciation for all the items on a 15-year schedule or less was set to 50%.It was scheduled to go down to 40% in 2018 and 30% in 2019 and then 0% in 2020.But then Trump got elected, and he enacted the Tax Cuts and Jobs Act.That moved the bonus depreciation percentage to 100% from 2017 to 2022.In 2023 it went down to 80% and it’s currently at 60%.Depending on who gets elected again, 100% may be back on the table.Only time will tell.We know that the US government wants to incentivize more development and ownership of RE.They want Americans to continue to build and maintain our physical world.That’s why real estate is one of the most tax-advantaged assets in the US.Depreciation and bonus depreciation for RE are very positive and will likely continue in the years ahead.

17 December 2024 | 2 replies
Mainstream homeowner policies won't cover sober living because they don't account for the risk of multiple people recovering in the same home

16 December 2024 | 3 replies
So for the investors I work with, we look at New Construction In vestment property.

16 December 2024 | 5 replies
Hands down one of the most efficient ways of learning the ins and outs of real estate investing without taking on to much at once.