
31 January 2025 | 3 replies
In your case, changing the property from a rental to your primary residence constitutes a change in use.The depreciation recapture will be calculated based on the fair market value of the building at the time of conversion, not including the land value.Since you're tearing down the existing structure, the entire amount of depreciation taken over the past two years will likely be recaptured, as the building's value at conversion will effectively be zero.The recaptured amount will be taxed as ordinary income, up to a maximum rate of 25% for residential rental property (Section 1250 property).

2 February 2025 | 5 replies
Send it to every address they give you including the current rental assuming it will be forwarded to the address they gave the post office.

4 February 2025 | 5 replies
Make sure you know the impact that adding an ADU will have on any rent control. 12) investors seldom include the land value in the overall ADU costs.

18 January 2025 | 11 replies
A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

31 January 2025 | 29 replies
Your 'cost' should include everything, from land purchase, soft costs, holding costs, and hard costs.

8 February 2025 | 29 replies
Just last year I expanded my property portfolio in California which now includes Orange, Los Angeles, Riverside and Kern counties.

29 January 2025 | 4 replies
Alternatively, if you’re using QuickBooks Online with a plan that includes the "Payments" feature, you can collect rent directly through QuickBooks while staying on top of your bookkeeping

29 January 2025 | 12 replies
We actually CAN'T explain what we are seeing if we are operating on the "purely rational actor" hypothesis (as you implicitly observe), we MUST include highly irrational and emotional individuals to explain what we are seeing.- Investor uncertainty.

29 January 2025 | 3 replies
Some of those included those previously mentioned windows.

16 January 2025 | 9 replies
They’re a fantastic way to connect with local investors who can share their experiences and recommend trusted professionals they work with.You’ll likely meet key members of your team at these events, including insurance agents, title companies, lenders, realtors, and even wholesalers.