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3 April 2020 | 27 replies
Now they send me this: Fundrise Advisors, in our capacity as Manager of the eREITs and eFunds, has determined that it is necessary at this time to suspend the processing and fulfillment of redemption requests.While under normal market conditions, we seek to provide investors with the ability to redeem their investments on a regular basis, during times of financial crisis or extreme uncertainty, it is absolutely critical that we suspend redemptions in order to protect the interests of all our investors.As Manager, we have an obligation to make decisions based upon what is best for the entire Fundrise investor community and must always put the priorities of the whole above any one individual.Fundamentally, Fundrise investors own real property, which is simply not liquid.
1 April 2020 | 2 replies
.- The cost basis and value of the house would be reset to the new value which would give me a higher depreciable amount each year on taxes and less capital gains down the road when I eventually sell the house.Are my assumptions correct?
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2 April 2020 | 5 replies
We have a competent CPA here in Atlanta that can handle the basis and foreign tax credit calculations for our return.
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22 April 2020 | 9 replies
You must commence making loan payments in January 2021 (or the first quarter of 2021 if your loan payments are due on a quarterly basis).
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16 February 2022 | 27 replies
The unit the owner will be renting should be around $1950.00, but they will be paying $1525.00 on a month to month basis.
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3 April 2020 | 15 replies
Think of it on a per unit basis.
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12 April 2020 | 14 replies
It at least provides some costs from Maxable ADU experts to use as a basis for your estimates.
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8 April 2020 | 13 replies
I have already heard a lot of people complain about not seeing their office people every day.
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4 April 2020 | 5 replies
@Mike HartzogI am taking it on a case by case basis.
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3 April 2020 | 9 replies
Apparently he does this on a regular basis by putting a contract on a property, and listing it on the MLS before closing.