
21 August 2024 | 28 replies
Under IRC Sec 61, Congress intends to tax all gains or undeniable accessions to wealth, clearly realized, over which taxpayers have complete dominion.Treas Reg Sec 1.61-1(a) provides that gross income includes income realized in any form, whether in money, property, or services.

18 August 2024 | 14 replies
Pressure test; Fail" If the house is on a basement, with access, or a decent crawlspace I probably wouldn't worry about that part of the test at all.

19 August 2024 | 1 reply
The reason for this is that it will help you fit nicer into the lending guidelines and make your refinance much easier if you ever need to access the equity to scale.

23 August 2024 | 5 replies
Being around like-minded people can reignite that spark and keep the momentum going.I've heard of The Wealthy Gardener, but haven’t read it yet—sounds like it could be just what I need right now.

22 August 2024 | 11 replies
You can succeed even now if you have enough money so you are in control of when to sell, and your tenants are screened more than well.

19 August 2024 | 11 replies
We listed with an agent we trust and who has sold many properties, but the property has been on the market for 66 days now, and we haven’t had any recent showings.

22 August 2024 | 6 replies
NOTE 2: if we choose NOT to upgrade the rooms, the units can't be in the hotel's pool of units to be rented out to guests.NOTE 3: right now, I'm losing about $1,500/moMy gut tells me to just get rid of this unit at a loss but I have a few questions I'm hoping someone can help me with (so far, I've asked some RE professionals I know but they don't have any idea).1) If I was to pay the ~160k for room renovations, does this mean the room increases value by at least that same amount?

23 August 2024 | 8 replies
cheapest 4/5 BR in bay area is now 700-750k , not that bad...

23 August 2024 | 14 replies
The real estate market in my area is now stagnant with a surplus of inventory.