Robert M.
Parents loaned me down payment for duplex, I sold it, now who pays capital gains?
3 May 2024 | 33 replies
Per my records, I had a loss of ~$30k over ~5 years from management costs, repairs, appliances, etc.
Sanjeev Advani
Leveraging Technology and Sustainability in Real Estate for a Profitable Future
2 May 2024 | 2 replies
Green buildings not only have lower operating costs but also offer health benefits for occupants.Renewable Energy Sources: Incorporating solar panels, wind turbines, and other renewable energy sources can significantly reduce energy costs and appeal to environmentally conscious consumers.Smart Home Technologies: From smart thermostats to energy-efficient lighting, smart home technologies help reduce a property's carbon footprint while providing convenience to occupants.Investing in the FutureInvesting in technology and sustainability is not just about being environmentally responsible; it's also a smart financial strategy.
Rochelle Stewart
First time landlord in NYC (Brooklyn 2-family)...Seeking advice on MARKETING & TERMS.
3 May 2024 | 1 reply
Asking because in most cases, you can pass on the cost of the broker's fee to the tenants or at least agree to split it between tenant & landlord if you find a great tenant and want to incentivize them to sign a lease. 1 - If you still want to self list, you should be able to do it through online sites like Zillow after making an account.
Matt Greenfield
Short-term Rentals: Are Small Dipping Pools / Hot Tubs worth the investment?
2 May 2024 | 7 replies
However, I am wary of the maintenance cost and added liability that comes with these amenities.
Roger Verastegui
Prefab house experiences
2 May 2024 | 20 replies
Are the costs for pre fab better in your area than a new construction?
Jeff Witherite
Best state for registering a real estate investment company
3 May 2024 | 2 replies
The cost of living is extremely low compared to other cities and you can still many many positive cash flowing and 1% deals here.
Erick Acosta
LLC vs S CORP ? I’m a newbie investor.
2 May 2024 | 10 replies
You will need to work with a tax professional to analyze your current tax situation (income, deductions, activities, etc.) as well as projected income from the fix and flip business.The benefits have to outweigh the costs (payroll costs, additional tax returns, more stringent reporting and compliance requirements, etc.).One important note - an S Corp is not an entity; it is a tax election.
Robert Stephenson
Newbie REI investor
3 May 2024 | 7 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.
Mason Alvarado
ADU Financing for renting
2 May 2024 | 3 replies
I think, generally speaking, this is one of the bigger reasons NOT to build an ADU in your backyard simply because you have the space: there aren't really any simple ways to finance the building costs.
Tim Rogers
Another Real Estate Professional Status Question
3 May 2024 | 10 replies
We are looking towards STRs in order to lower our W-2 taxable income via cost seg and bonus depreciation.I believe my line of work qualifies me as a REP, but what I am not clear on is whether I would still need to meet the 'material participation' requirements in our rental business in order for our losses to be non-passive.