The cool thing about the house hacking is the lenders will factor the rental income towards your purchasing power.

I'm excited to connect, share insights, and continue learning within the real estate community.

I haven't seen a discussion about this on the forums yet, and figured I'd start the conversation.In case you missed the news this week, billions in trade came to a screeching halt at U.S.

As you can see, Gastonia is consistently making the TOP ROI list, as well as Kannapolis!

Hi all, I am familiarizing myself with at the Casper market and wondering whether any local investors can shed some perspective on overall property values relative to rents in the area.

I am new to the field of real estate investment.

I am trying to find the most relevant information for our strategy to ensure we get the best joint tax deduction options against MY W2 income.Is the following strategy correct?

Hi everyone, I'm excited to be in the BP Community.

Assembly Bill 1771, also known as the California Housing Speculation Act, aims to change real estate tax policy to discourage investors from quickly reselling properties like single-family homes.Under the proposed bill, an additional 25% tax would be imposed on the gain from the sale of a qualified asset (including homes) within three years of the previous sale.The tax reduction is dependent on the number of years passed since the initial purchase of the qualified asset, ranging from a 20% reduction for sales occurring between 3.01 to 4 years to a 100% reduction for sales occurring more than seven years after the initial purchase.The revenues generated by this tax increase would be deposited into the Speculation Recapture Community Reinvestment Fund, which aims to support affordable housing, local governments, schools, and infrastructure projects.The bill is introduced by Assembly Member Ward, and the proposed tax changes would take effect from January 1, 2023.Assembly Member Ward argues that short-term investors in the market, including fix and flip investors, contribute to rising housing prices, limiting opportunities for Californians to purchase homes.While the bill may discourage short-term speculative transactions, it is worth noting that California's tax laws still provide certain advantages for investors, including unlimited tax write-offs and depreciation benefits.The bill is subject to legislative approval, and Assembly Member Ward will speak publicly about the bill at the San Diego County Administration Center on a specified date.Please note that this is a simplified summary of the bill and its potential impact on fix and flip investors.

There is roof damage, probable damage to the trusses, and the water line busted.