Jarrod Covey
Austin's Real Estate Market throughout the COVID-19 Pandemic
1 September 2020 | 11 replies
Almost every variable — active listings, pending listing, number of sales — started to decline in March and continued to decline through April and May.These initial declines can be attributed to the slow assimilation to new COVID standards in real estate, in addition to avoidance of health risks for a large portion of the population — and different levels of government weighing in and let’s be honest, slowing things down.Despite these other categories trending down, the median sales price of housing continued to grow for the Austin-Round Rock MSA throughout the entire pandemic.While this is true for Austin-Round Rock MSA, Travis county and Bastrop county carried the bulk of load.The City of Austin was the only dataset to see double digit increases in median price sold in every month except June, which saw a 9.7% increase year-over-year.Caldwell, Williamson, and Hays all saw a decrease in every variable across the board — number of home sales, listing activity, median price, and pending sales.
Anna Hummer
First-TIme House Hacker Dallas TX
17 August 2020 | 11 replies
House hacking is about reducing your monthly housing expenses.
Account Closed
Solar in illinois: worth it?
9 May 2020 | 28 replies
That means you have to have a bank of expensive batteries and reduce power consumption at night when you need more power or simply revert to your normal power supply.
Jace Perez
New York tenant laws
2 January 2023 | 3 replies
Stay on top of all the dates you need to appear in court, send notices, etc to try and reduce the months and months it could possibly take to get them out!
Chris Martin
DJT on taxes: "There’s nothing to learn from them." Agree or Not?
1 January 2023 | 21 replies
Yeah we all pay some amount of taxes, but the bulk of the tax burden is carried by employees.
Katherine Bernas
How much should I pay a renter's realtor?
29 July 2017 | 22 replies
Especially if by deciding to allow agents to bring potential renters in, I were to reduce my days on market...holding all else equal, in the event that I did procure the ultimate renter through an agent, all it took was 14 days of incremental days on market to reach a "breakeven point".
Brett Hennessy
First house fire, any advice or wish I had known?
1 January 2023 | 6 replies
If you insure to less than 80% of the value, the loss is reduced by the relation of the limit to the actual RC.
Rob Anteau
Allow for Auto-Booking?
1 January 2023 | 18 replies
At least it greatly reduces the risk of partiers...
Account Closed
Halfway House/Residential Treatment Facility Investment
5 October 2019 | 43 replies
In the future, to reduce exposure, I would probably rent through a LLC - either a large place in an awkward spot (i.e. on a busy street, not surrounded by homes) or a commercial office that was previously a home and turn it back into a residence.Hope this answer helps.Best,Dave
Miguel Hernandez
Do I qualify for any tax benefits?
1 January 2023 | 4 replies
@Miguel HernandezI would speak to your cpa but also want to clarify that real estate let’s you “defer” taxes but not lower themA classic example is depreciation which you can reduce your tax liability each year by depreciating the property but for tax purposes this lowers your tax basis so when you sell you are then paying those deferred taxesIt helps because you can invest those funds etc or do a 1031 exchange and continue to defer the taxes but eventually you will have to pay.