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Results (10,000+)
Mary Joe Florida law for transferring ownership - need advice
22 December 2013 | 32 replies
@Mary Joe ,The capital gain tax would be 200k.To meet being a qualified dividend: You must hold it for*When counting the number of days the fund was held, include the day the fund was disposed of, but not the day it was acquired.The holding period is as follows:You must have held those shares of stock unhedged for at least 61 days out of the 121-day period that began 60 days before the ex-dividend date.For certain preferred stock, the security must be held for 91 days out of the 181-day period beginning 90 days before the ex-dividend date.Previous money taken from the corp would be dividends/ return of capital.The rental income would go to the C-corp and if 60% or more of the gross income is from passive activities you run into Personal Holding Company rules.If you plan to hold the property for a VERY long time.
Linda L. Tenants Turnover in $ 1000-1400 rental market
7 November 2013 | 2 replies
I am curious about your experiences with this section of the market.If your rental property is in the range for the gross rent $ 1000-1400, what's the your overall turnover rate in your market?
Robert Walmsley Why will a private investor accept a low return on their all cash investment?
8 November 2013 | 9 replies
Here is my question/example using easy numbers (not a real scenario):Buy $100,000 property cash that rents for $1000 per month grossing $12,000 per year which is a 12% ROI.orIf I put 20% ($20K) down and finance the rest the return jumps to 60% ROI (just based on actual cash in.)So I understand why it is beneficial to me to leverage myself with financing but why is someone going to lend me $100,000 of their cash at maybe a 5% or 6% when they understand this same scenario?
Jason Merchey Bubble?
22 May 2015 | 31 replies
However, the gross rental yield if you were to buy a house outright here is about 5%. 2 years ago the rental yield was about 12%.
Ryan Watson Figuring Square footage?
9 November 2013 | 7 replies
It requires that only above grade living area be delineated as "gross living area" or GLA.
Doug B. SFR Options
27 April 2019 | 2 replies
@Doug B.Always think about the 2% rule.If you’re into a property 75,000-80,000 the 2% rule would put you at $1,500-$1,600/mo gross rental income.
A.j. Martinez I have the opportunity to buy a "commercial" property for peanuts. Is this a good move?
19 April 2014 | 14 replies
All three aspects of the appraisal process are considered, the income approach is most often given the greatest weight, but that weighting is not 100%.Any empty space is generally reduced by the estimated time and expense of leasing it, it is not just a gross reduction in value, it can be rather minimal depending on the market. :)
Danny Shore qualifying for a mortgage & traditional IRA contribution
20 April 2014 | 1 reply
Since the contribution lowers Adjusted Gross Income, does it reduce the "income" that would be counted towards paying down a mortgage loan?
Albert Bui Have you ever used VA Financing to live in one unit and rent the others?
20 April 2014 | 2 replies
Advantages using VA financing:- can use rental income when vacating your currently primary residence to purchase another primary home even with no documented equity requirement in your current residence (conventional requires 30% equity to do so, and FHA requires 25%)- can use 100% of the rent minus the entire mortgage payment while FHA/Conv makes you discount your rents to 75% of the monthly gross minus entire mortgage payment with VA- can be combined with mortgage credit certificates(MCC) depending on what your income limit is in your specific state/county and this can provide a dollar for dollar benefit for approx 20% of all the interest you pay per year.
Christopher Hunter Is this a deal?
22 April 2014 | 24 replies
I just came across this potential deal.Duplex 2/1,2/11,800 sq ft$88,50011% cap rate is questionableI do not have expenses, can I use 50% of gross rents just to see if it makes sense?