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Results (10,000+)
Warren Barton Should property manager pay me through my SSN or through a pass-through LLC EIN?
1 October 2024 | 12 replies
Routing the revenue to the LLC will just cause it to route through the LLC back to you if this is a single member LLC.
Ryan Richmond Buyer vs. Designated Agency
10 October 2024 | 2 replies
When my family and I moved to Greensboro in 2020, I was referred to a real estate agent through my relocation assistant.
Carrin Johnson Bill Summary: AB 1771 The California Housing Speculation Act: Impact on Fix and Flip
11 October 2024 | 2 replies
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.
Tim Kaminski Best Strategy to Build Primary Home?
1 November 2024 | 2 replies
But then wouldn’t I be losing all the gained equity in our primary home?
Derick Jennings Hello BiggerPockets! New PRO here
1 November 2024 | 4 replies
Outside of real estate, I enjoy hanging with the family I really enjoy the lake.Excited to learn and connect with you all!
Gregory Schwartz Apartment policy not to provide rental history
1 November 2024 | 3 replies
We are in the process of screening a tenant which of course includes verifying rental history.
Gulshan D. Receiving incentives while on H1B
1 November 2024 | 1 reply
Apparently, the Chicago Housing authority provides a one time incentive equal to the first month rent to first time owners participating in the program.
Zach Rumfield Whats Going On In Corpus???
1 November 2024 | 0 replies
What's the market look like in corpus christi, Texas?
Tyler Sherman Thoughts on these Airbnb messages
11 October 2024 | 16 replies
To me he is asking for you to do a walk through video of it before he books it.
Jon Zhou Ashcroft capital: Additional 20% capital call
9 October 2024 | 312 replies
What are the market rent growth and occupancy forecasts for the next few years?