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10 April 2024 | 5 replies
You'll net around $150k and that will be tax free.
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9 April 2024 | 11 replies
We fund with a combination of Hard Money and Private Money.Hard Money will fund 90% of the purchase price and 100% of the rehab on a draw schedule.
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10 April 2024 | 22 replies
• Short term rental of one's own primary residence only• Not able to rent a room or primary residence for more than 120 days a year, or apply for extended home-sharing• Extended home-sharing would be granted if additional criteria are met (see above)• Possession of a Transient Occupancy (Tax) Registration Certificate from Office of Finance• Not located in a unit subject to the Rent Stabilization Ordinance (RSO)• Approval from landlord (if a tenant)• Home-Sharing takes place in area approved for residential useHere is the document - https://planning.lacity.org/or...I would give them a call and see what they say.
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10 April 2024 | 13 replies
For CA investors the proximity to Nevada, landlord friendly, low property taxes and easy to get to Reno from the Bay Area make it a good spot.
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10 April 2024 | 6 replies
A solid appreciation market, strong tech and manufacturing growth, landlord friendly and low property taxes.
9 April 2024 | 2 replies
Then they scheduled the inspection in a week.
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9 April 2024 | 1 reply
Are there important considerations for having a manager managed LLC (as the only manager) vs a single member LLC specific to 1) real estate buying and holding, 2) for tax filing (E.g., as a disregarded entity) or 3) for how you represent your LLC (e.g., what title you can use to sign off) if you have a manager managed LLC as the only manager vs having a single member LLC?
9 April 2024 | 3 replies
2.Also, are there any tax advantages if I keep current LLC and just remove the members?
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9 April 2024 | 4 replies
All investors I am new individual in this market and would like to learn real estate investment.offset my W2 taxes
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9 April 2024 | 5 replies
I did bonus depreciation on both properties Will I need to worry about paying the taxes back if I 1031 into LTRs?