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8 October 2024 | 1 reply
Of the remaining $200,000 gain, 75% (6 out of 8 years) ($150,000) is attributed to the time the property was rented and is therefore taxable at the long-term capital gains rate.
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14 October 2024 | 31 replies
Hello @Shelby McKeanThere are REI opportunities in different markets - markets in the Midwest and Southeast of the country are great - where not only are the purchase prices reasonable for most RE investors, but the homes are turnkey (new builds or completely rehabbed homes, tenant ready, systems 10 years of life remaining on them, property management teams in place) with appreciating home value AND appreciating rent.
10 October 2024 | 0 replies
But the general appearance of the unit can gauge its remaining usable life.
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12 October 2024 | 25 replies
This means the location must possess the right characteristics to attract new businesses.If the city fails to attract new companies, soon only low-paying service sector jobs will remain.
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8 October 2024 | 15 replies
Because we had a guest book 50% down then not make the remaining 50% payment, AFTER VRBO's automated system sent the check-in instructions.
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9 October 2024 | 10 replies
Receive cash: The remaining funds are paid to you as a lump sum.
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7 October 2024 | 20 replies
You can use REPS through your wife to offset your 2024 W-2 income by combining your time for material participation and doing a cost segregation and bonus depreciation on the remaining rentals.
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8 October 2024 | 10 replies
Can I do a HELOC on the remaining equity and use that to buy a second one with the cash I have from the refi?
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9 October 2024 | 21 replies
One guru states, generally 90% of his students do NO business whatsoever and about 8% do one deal before quitting, with the remaining 2% doing "okay" to doing "well".
6 October 2024 | 3 replies
If this happens again with the most recent report, it could indeed alter market expectations for the Fed's mid-term trajectory, potentially putting aggressive rate cuts back on the table.In the short term, though, the market reacts strongly to the initial data, and the Fed remains in a "higher for longer" stance regarding rates.