Anthony Zotto
Election results and impact on real estate investing
11 November 2024 | 8 replies
From page 730 (emphasis mine): "All non-business tax deductions and exemptions that were temporarily suspended by the 2017 tax bill should be permanently repealed, including the bicyclecommuting expense exclusion, non-military moving expense deductions, and the miscellaneous itemized deductions.23 The individual state and local tax deduction, which was temporarily capped at $10,000, should be fully repealed.
Jacob Nevarez
First House Hack
5 November 2024 | 28 replies
Here’s a breakdown to help you navigate your first deal, incorporating advanced strategies, including 1031 exchanges, to attract a broader range of investors.Neighborhood Recommendations: Chicago offers a diverse range of neighborhoods for different investment goals:Wicker Park & West Town: These areas are known for their strong rental demand among young professionals and offer good potential for cash flow.Lake View: Ideal for attracting tenants who want to be close to downtown while enjoying local amenities.The Loop: A prime location for high-income renters, making it an attractive option if you’re planning to house hack and generate a steady stream of rental income.Property Types: Opt for properties that align with your investment goals.
Joseph Still
Hello - looking forward to connect and grow!
8 November 2024 | 6 replies
George, Utah by researching local properties, considering FHA loans, and renting out individual rooms.
Sahara Faughn
Please advise - Covid-19 partial claim, Preforeclosure auction and home sale
14 November 2024 | 12 replies
HUD might have programs or options for individuals facing pre-foreclosure due to COVID-19 related hardships.Communicate with Your Buyer: Discuss the situation with your buyer transparently.
Jessie MacDonald
Renting to someone on an income rental assistance program??
7 November 2024 | 3 replies
Looking for advice on renting to an individual on a rental assistance program through the government.
Ted Freemyer
Has anyone use Launch Financial Group for DSCR on STR?
8 November 2024 | 19 replies
In general, the minimum loans I've seen are 100k (individual properties can be lower if you are buying multiples from the same owner but the loan still must total 100k-ish).
Isaac S.
Delaware Statutory Trust DST 1031 Difficulty Giving up control
12 November 2024 | 171 replies
You have told us nothing of your specific situation and why you are asking these questions.I typically deal with investors on NNN type properties where net worth as an individual is 7,8,9 figures.
Marizel Ashby
New and Excited to connect
7 November 2024 | 13 replies
Welcome to BP, I'm sure you'll connect and learn alot from like-minded individuals here.Which investing strategies are you interested?
German Tapia
From California, Investing out of State, Where do I register my LLC?
4 November 2024 | 12 replies
I'm based in California, whether you are a foreign entity operating in California, or incorporated in California you'll need to file a return in CA.
Gio Kattan
How to perform rehab w/o permits on a sub-to deal: will I pass city inspection?
7 November 2024 | 8 replies
That bathroom you mention may have to be torn apart and redone, it depends largely on the individual Inspector that you deal with.I would go to the County/City Building Dept counter and talk to them in person.