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25 March 2024 | 16 replies
He's likely to find that even with lending income greater than his NOI from landlording he'll be making less money net because of no depreciation. 1031 exchanging into a qualifying asset allows him to continue to offset income with depreciation.3.
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25 March 2024 | 7 replies
Plenty of restrictions....Arlington only allows in a specific area.
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24 March 2024 | 2 replies
Bear in mind you will still owe depreciation recapture tax for depreciation deductions you took while operating it as a rental.
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25 March 2024 | 0 replies
We've touched on this prior to the 'settlement' that today lenders essentially allow the real estate commissions to be rolled into the buyer's transaction by appraising for a price sufficient to cover the RE fees.
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25 March 2024 | 3 replies
I think this could be for a variety of reasons but likely has to do with the fact that remote work seems as though it is here to stay allowing for more digital nomads, professionals to live/move cities more easily or even just "check out" a new location for a few months.Couple of key takeaways:-Casting a wide net and not focusing only on traveling nurses for example-Knowing your market and target clientele-MTRs are ideal for corporate travelers -How you operate your MTR is key to success (responsiveness to request, amenities, etc)-Protect yourself with a security deposit and ensure your lease fits your property/marketArticle: https://www.azibo.com/blog/mid-term-rentals-pros-and-cons-fo...Curious on everyone's thoughts on this article and overall market trends!
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22 March 2024 | 2 replies
Hi, if my wife becomes a real estate agent in New York (we live in NY) and we buy properties in other states such as Florida or Georgia, can we use segregated deductions on houses we buy outside of New York in order to pay less income taxes from my earnings?
25 March 2024 | 8 replies
In some states Accessory Dwelling Units are allowed through converting a garage.
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25 March 2024 | 3 replies
It has profoundly impacted our life for the better, allowed us to meet amazing people that like us are very passionate about Real estate and we are very grateful for it.
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25 March 2024 | 2 replies
In order to accept you as a TIC there must have been some relationship with the lender that allows them to carve out that % interest.
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25 March 2024 | 2 replies
You need to check local laws to see what is and isn't allowed.