
11 November 2024 | 8 replies
.: There IS going to be a big impact on Real Estate, especially for Single Family and small Multi-Family that is Owner Occupied.The SALT Deductions are slated to expire at the end of 2025.Trump has already said that he will allow it to Expire:https://about.bgov.com/insights/elections/2025-tax-policy-cr...This is NOT a small change.The Standard Deduction gets reduced by about 40%.Then you get to deduct the SALT (State and Local Tax) that you paid PLUS up to $1 Million in Interest from your Mortgage against your Federal Tax Return.The only limiting factor will be AMT (Alternative Minimum Tax).In 2017 when this Cap was put into place, it made sense.However, now that the average Home sells for about Double what it was back in 2017, many normal Americans can benefit from the Expiration.I'm hoping that the Trump Administration does not extend the Cap.Too many people will love him more if he allows it to Expire!

31 October 2024 | 4 replies
It is unusual that I provide this list.

12 November 2024 | 5 replies
I’m not looking to make real estate my full time job or anything that intense, but more tools to get me to financial independence sooner are always welcome, and this is something I think I could be good at.

11 November 2024 | 5 replies
I know people who currently have that, it started a generation ago and probably ends next generation, it's hard to maintain this more than a couple generations because the politics, religion and underlying values can't hold across hundreds of extended family members.The same goes for business/way of life.

11 November 2024 | 3 replies
Unless you are planning on renting by the room, I don't think this will increase your rent.

11 November 2024 | 10 replies
With no rent for this current month.

11 November 2024 | 20 replies
This is a trend you will observe across the country, not specifically in Philadelphia.

31 October 2024 | 2 replies
I left the free version of Stessa a couple years ago because of constant failed connection issues with my linked banks and credit cards.

31 October 2024 | 2 replies
@Michael Koski BP has a link for finding someone for those "long walks on the beach", https://www.biggerpockets.com/blog/2015-04-01-biggerpockets-love-dating-site-real-estate-entrepreneursIf you'd like to chat about Detroit, DM us:)

11 November 2024 | 8 replies
Our developers have all noted that HUD has gotten much better with this program in the last decade and it more depends on the local housing authority being good or bad.