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10 April 2024 | 3 replies
For example, if you must make repairs after a tenant moves out, you still depreciate the rental property during the time it isn’t available for rent.Vacant rental propertyIf you hold property for rental purposes, you may be able to deduct your ordinary and necessary expenses (including depreciation) for managing, conserving, or maintaining the property while the property is vacant.
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10 April 2024 | 3 replies
I invest in a wide variety of assets, but my on-market team does mostly residential, including multis, and we do commercial, just not commercial leasing so you can hybridize it.
10 April 2024 | 6 replies
He has done great ( obviously if he has that many units).Good luckThank you breaking it down for me Dan!
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10 April 2024 | 14 replies
If you cannot advertise the home with the increased number of "bedrooms" maybe you could list the property with the number of "rooms" to include the sizes.
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11 April 2024 | 7 replies
This saves time and hassle for everyone involved, including your realtor.
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10 April 2024 | 13 replies
Establish your investing criteria and objectives, including your risk tolerance, financial objectives, target communities, and property type.
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10 April 2024 | 26 replies
A strong financial strategy is necessary, and it should include a budget for moving costs, property acquisition costs, renovations, and any vacancies.
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10 April 2024 | 0 replies
Despite mortgage rates being double what they were two years ago, the overall borrowing environment remains favorable for state and local entities.Key initiatives driving this surge include efforts by entities like the Michigan State Housing Development Authority, which recently launched a $425 million bond sale aimed at providing affordable mortgages to over 2,700 families.
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10 April 2024 | 1 reply
It's essential to recognize that mortgage rates are influenced by a myriad of factors beyond the Federal Funds rate, including Treasury bonds, GDP, unemployment, housing demand, and inflation.
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10 April 2024 | 5 replies
They did all the footwork including a good title company.