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18 May 2024 | 5 replies
Rate is 6.175% estimated mortgage is $2,900 a month.Older Property: Toano3b/2.5ba 1760 sq priced at $330KNot including any incentives but using the 6.175% rate.estimated mortgage $2,420 a monthMy current job will require me to move within the next 24 months max up to NoVA and we are looking to live around Ashburn,Va where rent is about 2.7k+.
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20 May 2024 | 28 replies
Ideally, if you *have* basis in your S-Corporation, you can dissolve it in the same year you distribute, thus you’ll have a cap loss to help alleviate the cap gain.Gain likely won’t be mainly ordinary if the bulk of depreciation is on the 27.5 year or 39 year lives.
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18 May 2024 | 11 replies
I currently live in New York but I am currently exploring the options of investing in a small multifamily property.
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18 May 2024 | 10 replies
If she puts up a fuss about where she will live, tell her she can shack up with one of her drunk friends.If she doesn't want to leave, then hit her with a formal notice of termination and start that process.
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16 May 2024 | 25 replies
It depends ;)We discussed it for each client that would have bonus depreciation, and generally it fell into a few different camps:1) We always extend anyways, so we don't care if we wait2) We normally file on time, and the amount of bonus depreciation difference is relatively immaterial, so let's not waste time and fees to extend and have to provide estimates to members - typically this was with less than a few hundred thousand of bonus3) We have too many investors, we aren't going to delay them, we'll file with the 80%4) The bonus depreciation is material enough to us that it is worth it to us to wait.
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19 May 2024 | 21 replies
We have a great team put together in Greenville SC where we all live and this provides a great competitive advantage to us.
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18 May 2024 | 14 replies
@Charanjit Singh I live in the area again and I am familiar with some of the locations and properties.
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17 May 2024 | 21 replies
I used to take QuickPay but the issue is that they can partial rent and extend their stay without rent b/c I couldn't process the eviction b/c of partial rent..
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18 May 2024 | 3 replies
I live in Texas and have one primary residence and eligible to get another property in June (1 year mark).
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18 May 2024 | 2 replies
If you notice my posting history I am investigating purchasing my first condo in the next few months and am investigating some potential scenarios.I am looking into living in the unit for a little over 1 year and putting it up for rent either with HCV/Section 8 or finding a tenant through my brokerage(L&F) or other means.