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8 February 2025 | 3 replies
You probably know the below info but you might not and it may give insight to others who come across this info in the future so ill post it.What are the lists you currently have?
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21 February 2025 | 12 replies
I currently own one rental but I am new to the STR’s.
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3 February 2025 | 6 replies
I took the course last October... got swamped in my currently real estate business... went through a 90 day "challenge" course with RAL academy....
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21 February 2025 | 6 replies
Before you commit money and time, look into: How long are houses currently "On Market", (Is inventory growing or getting more scarce) and into prices.
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4 February 2025 | 10 replies
Operating an Airbnb business requires being up to date on current local ordinances and restrictions.
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8 February 2025 | 2 replies
------------------------------------------------------------------------Here's our current guess: "The builder's plans and the build may not line up perfectly, so the buyer could sue for breach of contract or a similar claim."
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25 February 2025 | 29 replies
Consider the potential returns from the triplex versus the current and future value of your business.
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24 February 2025 | 30 replies
I am currently using Proper to insure another property, and they're very good and reasonable as well.Like I said above - why take a risk?
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25 February 2025 | 11 replies
This means that when you sell the property, your adjusted tax basis is lower, which increases the capital gain you must recognize.Additionally, any accelerated depreciation taken is subject to depreciation recapture at a higher tax rate (up to 25% for real estate assets) rather than being taxed as long-term capital gains.So, while cost segregation provides significant upfront tax savings, it also increases your capital gains tax liability upon sale unless you use a 1031 exchange or other tax-deferral strategies.You can find your current tax basis by reviewing your depreciation schedule (Form 4562) and prior years’ tax returns, specifically looking at your adjusted basis on Form 4797 (for sales of business property) or Schedule D (for capital gains and losses).Your CPA should be consulted prior to making any decisions.
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23 February 2025 | 23 replies
*************************I've looked at the current state of AI and it is not impressive.