Dion Martorella
What do you focus on most when rehabbing a rental?
6 August 2019 | 21 replies
, quite naturally, tend to want to do all that backwards.Some examples:Chipping paint in a pre-1978 structure?
Dan Hennessy
MF Value-add deal in Atlanta MSA
27 July 2019 | 1 reply
Through their investor webinar to 1 on 1 interactions, I was able to discuss the strategy, financials, risks, and exit plan for the deal.
Dan Hennessy
MF Value-add deal in Atlanta MSA
27 July 2019 | 1 reply
Through their investor webinar to 1 on 1 interactions, I was able to discuss the strategy, financials, risks, and exit plan for the deal.
Taylor Whylings
Capital gains tax NJ
27 July 2019 | 8 replies
@Taylor WhylingsIf you can document original intent to hold as a long-term investment generally the gain would be capital in nature and not ordinary gain subject to SE taxes.Short-term capital gains = holding period of one year or less = subject to income tax at your marginal tax bracket.Long-term capital gains = holding period of more than one year = maxes out at 20%.If you're subject to the next investment income tax (NIIT) add another 3.8% on top.Plus state income taxes as well.
Habbak Burs
Finding an owner of a property
27 July 2019 | 2 replies
You should be able to pull up an interactive GIS map and see who owns the property.
Michael Ritrovato
Should I sell or keep my rental property
6 August 2019 | 35 replies
Most folks on BP don’t operate in areas where appreciation gains significantly offset the near-term value of cash flow value, so the natural answer you will receive is to sell the property.
Devin Cutler
Oil Furnace does not heat the rental rooms very well.
30 July 2019 | 6 replies
Do you have natural gas piping to your property because that is the least expensive way to heat with the exception of solar or some sort of rare underground thermal heating.
Vee L.
Separate entities to manage vacation rentals?
31 July 2019 | 15 replies
The benefit of establishing an additional LLC to carry out the operations of your assets is that it can carry the majority of the high-liability operations (paying contractors, property management, collecting rent, interacting with guests/renters,) but you wouldn't end up placing any actual assets in it other than the money it requires to carry out those operations.
Sylvia B.
Depreciation recapture in this situation?
27 July 2019 | 5 replies
My son and I were having a real estate discussion this afternoon, and came up with a question that we weren't sure how to answer.If you have a rental house that is fully depreciated, and is then destroyed - natural disaster, fire, bulldozer, whatever - and then the land is sold, is the depreciation recaptured?
Jason Sanford
Can a buy and hold condo be worthwhile to a new investor
28 July 2019 | 7 replies
You can make money through cash flow, forced appreciation, natural appreciation over time, mortgage pay down, tax savings, and probably some other ways I’m forgetting.