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18 March 2024 | 16 replies
There are so many more avenues and opportunities you can consider/explore as a licensed real estate agent if you're willing to put in the work.
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18 March 2024 | 5 replies
This poses a challenge because one of the requirements for a 1031 exchange is that both the relinquished property (the property being sold) and the replacement property (the property being purchased) must be held for investment or used in a trade or business.If your client's mother purchased the land less than a year ago, it's unlikely that it would qualify as replacement property for a 1031 exchange because it hasn't been held for investment or used in a trade or business for a sufficient amount of time.However, there may be other options available to minimize the tax implications for your client and his mother:Hold the Property Longer: If your client's mother holds onto the land for a longer period of time and can demonstrate that it is held for investment purposes, it may become eligible for a 1031 exchange in the future.Consider Other Investment Properties: Your client could explore other investment properties that have been held for a longer period of time and would qualify as replacement property for a 1031 exchange.
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19 March 2024 | 323 replies
We are exploring options for reducing the high gas-utility expense.
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19 March 2024 | 4 replies
In addition, you need to know the current Legal Rents in the records of HCR (DHCR) for each apartment as they will be rents that you will most likely be stuck with and you will not have the ability to increase rents to cover Rehab or your investment.
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19 March 2024 | 8 replies
Most of them are however I am "thinking" I may have a shot a negotiating additional money off if I can say to builder that I know they are not paying the realtor fee.
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19 March 2024 | 11 replies
However, when I design my own house in the future, I plan to accomplish this in addition to other green energy features.
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18 March 2024 | 16 replies
While conventional loans offer lower down payments, explore various loan programs and down payment requirements with your lender to find the best fit for your investment goals.
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19 March 2024 | 12 replies
203K is not affected the addition of units.
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18 March 2024 | 10 replies
Let's connect and explore how we can support each other's goals in this dynamic market.
20 March 2024 | 8 replies
Try this device to measure the noise: https://www.amazon.com/Indicator-30-130dBA-Detector-Temperat...You can also stick the same device by windows and doors to see if temperature drop - which would indicate an insulation issue.In addition to getting an Energy Audit, you may also want to look into any state, local or utility programs that offer discounted or financed energy improvement programs.