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23 July 2018 | 18 replies
A quote attributed to Abe Lincoln (I believe) goes something like this:"If I have 4 hours to chop down a tree, I'd spend the first 3 sharpening my axe."
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3 August 2018 | 12 replies
@Sanjeev KaushikI agree with @Dawn Brenengen, you'll see the ones active in the community and they'll stand out.
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12 June 2018 | 8 replies
When you sell the first thing that happens is that the sale must be apportioned between primary residence and investment. 1/3rd of the sale would be around $600K (the primary residence portion)2/3rds of the sale would be around 1.2mil (the investment portion1/3rd of the gain would be around $283K (the primary residence portion)2/3rds of the gain would be around $566K (the investment portion)When you sell you would get the gain attributed to the primary residence portion - $283K tax free.The remaining gain would either be taxable or your could do a 1031 exchange.The requirements of the 1031 exchange are that you purchase at least as much as your net sale (1.2 mil ish) and you use all of the cash from the sale (I don't know your debt but it would be the net cash minus the $283 that goes to you tax free).
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11 June 2018 | 10 replies
To be clear, when you sell the property you later move into, the 121 exclusion would only apply to, or part of, the gain on That property.....whatever gains/depreciation recapture deferred in the 1031, attributed to that property would still be due.
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29 June 2018 | 31 replies
I attribute this to it now being off season and inventory is sitting there and very few buyers on the island.Have any of you invested in a similar environment?
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8 November 2017 | 43 replies
Then I try and stand out some (step three).I try and follow up with a nice note, testimonial for their facebook and on a big job (like 5K-10K I may spring for lunch) so I hope to get to know them some.
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4 November 2017 | 7 replies
The big stuff seems OK.There are a couple minor things that stand out to me: The hot water tank ventilation is wrong and needs adjusted, minor fix.
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6 November 2017 | 2 replies
Some areas certainly stand out more than others.
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6 November 2017 | 2 replies
What types of attributes does your list consist of?
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10 November 2017 | 8 replies
As an STR manager in Denver, I’m always looking for ways to make my properties stand out.