Sung Yu
1031 fourplex into a single family
23 January 2025 | 5 replies
However, to my understanding, a 1031 conversion of an investment property to your primary residence after a safe harbor of two years does not trigger a tax event.
Bryce Jamison
Do you buy older homes for long term rentals?
20 January 2025 | 32 replies
Is there something I'm not taking into consideration?
Erik Sanders
Mentorship groups/investment clubs for beginners
22 January 2025 | 2 replies
I have been researching and browsing through bigger pockets and different real estate investment info but haven’t pulled the trigger on anything.
Ilina Shrestha
First time investor- lost & confused
28 January 2025 | 6 replies
You can later transfer the property to the LLC, but be aware it might trigger due-on-sale clauses or additional costs.
Eyal Goren
Is Subto legal?
14 January 2025 | 23 replies
In those instances, the title doesn't change hands, thus, the Due on Sale isn't triggered.
Bruce D. Kowal
Being clever when dealing with IRS and State at the same time
17 January 2025 | 1 reply
Here's why:The Multi-State Chess Game:• Client had properties in 3 states• Each state has different deadlines to assess taxes• Federal changes trigger automatic state assessments• Timing the response saved $45K in state taxes🏠 Real Estate Investor Pro Tip:States can't assess back taxes if their statute of limitations expires before federal changes finalize.
Edward Segaar
Private equity lending
16 January 2025 | 1 reply
That would be for the deed, so use care not to trigger the acceleration clause with your lender.
Cameron Fowler
First Flip Financing / Low Cash
30 January 2025 | 6 replies
Your interest and holding costs will also be considerably lower.
Chris Blackburn
Tax credit 45L for a 90 unit or 112 unit project? What should it cost?
22 January 2025 | 1 reply
., the 2006 or 2009 IECC — International Energy Conservation Code).Cost Considerations for a 90-unit or 112-unit Project:The actual cost of qualifying for the 45L tax credit depends on various factors, including:Energy Efficiency Compliance: The primary cost will come from ensuring that each unit meets the required energy efficiency standards, which typically involve energy modeling, certification from third-party energy raters, and potentially upgrading insulation, HVAC systems, windows, and other components of the building to meet the necessary performance levels.Energy Modeling: Typically, you'll need to pay for an energy consultant or engineer to model the building's energy performance and ensure it qualifies for the credit.
Brian Fisher
Pocono Short-Term Rental Disaster - Management, Legal, Insurance?
29 January 2025 | 3 replies
Since we'd already lost the guest fee for the weekend, we chose to wait rather than incur another after-hours fee.After midnight on Friday night at approximately 1AM, a Ring alert was triggered by an outdoor camera at the property.