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Results (10,000+)
Armando Carrera FHA House hacking risks?
18 December 2024 | 9 replies
You'll be able to maintain most of your capital and you'll learn a lot of useful skills. 
Melanie Baldridge Bonus depreciation ?
16 December 2024 | 0 replies
Bonus depreciation is just a special part of the US tax code.It allows you to take accelerated depreciation on portions of your property depending on when an asset is put into service.At the time of this writing, you can write off a huge portion (60% in 2024) of many qualified components that have a useful lifespan of 15 years or less.That means a certain percentage of things like landscaping, sidewalks, latches, appliances, fences, certain flooring, etc is depreciable in year 1.The bonus depreciation rate percentage changes yearly depending on the administration and the tax code.For years 2015 through 2017 first-year depreciation for all the items on a 15-year schedule or less was set to 50%.It was scheduled to go down to 40% in 2018 and 30% in 2019 and then 0% in 2020.But then Trump got elected, and he enacted the Tax Cuts and Jobs Act.That moved the bonus depreciation percentage to 100% from 2017 to 2022.In 2023 it went down to 80% and it’s currently at 60%.Depending on who gets elected again, 100% may be back on the table.Only time will tell.We know that the US government wants to incentivize more development and ownership of RE.They want Americans to continue to build and maintain our physical world.That’s why real estate is one of the most tax-advantaged assets in the US.Depreciation and bonus depreciation for RE are very positive and will likely continue in the years ahead.
Mackay Oakey What are your Real Estate Investing goals in 2025?
27 December 2024 | 22 replies
I feel like it would be great to trust a property management company on all of this, but it would be hard not to step in if you could do a better job at screening bad tenants (eg screening HUGE future problems).I initially managed properties myself, but now I delegate that responsibility to my business partner, personal assistant, or a property manager at my brokerage.Most PMs I know will send you an applicant for final approval and you can get on the phone with them and ask them questions
Gio Kattan Rehab without Permits, PLEASE assist!
8 December 2024 | 2 replies
Thank you for your time and assistance!
Jevani P. Barron Seeking Advice on Investment Property Strategy: Cash-Out Refi, Raise Rent, or Sell?
20 December 2024 | 6 replies
I’m also considering advising my tenant to look into Section 8 assistance, as it could help support their financial situation while allowing me to adjust the rent closer to market levels.
Saika Maeda ADU permit or not; financial implications
20 December 2024 | 27 replies
Any law that tries to do otherwise conflicts with sb13 and ab2533 (unless the unpermitted units was created post dates of protection by those laws).i agree he should get it permitted especially if close to the price quoted, but issues due to unpermitted units that are protected be sb13 and/or ab2533 present minimal risk and if it does happen get HCD to assist in any issues. 
Marshall Robins How often does your Property Manager suggest/advise income opportunities?
18 December 2024 | 9 replies
Good question to ask when screening a PM is if they are real estate investors themselves.If you want a PM to be proactive or knowledgeable on where/when to add value (asset management assistance), find one that is an investor.
Tom Pappas How we built a distressed real estate investment fund
16 December 2024 | 1 reply
As large investors entered the market to acquire single family houses, our margins were squeezed and we ultimately could not maintain our target investor returns as the market totally changed.
Nick S. Airbnb/str management advice
16 December 2024 | 21 replies
Otherwise, I am the guy who answers questions, texts guests etc.The key to self management is setting things up and maintaining.
Cory M. No W-2, Looking for Loan Options
21 December 2024 | 14 replies
There may be some nuances to your situation, but, we have definitely assisted others living abroad.Cheers!