Juliette Tennert gave a very insightful presentation on Utah's current economy. The five takeaways that she attributed to Utah's continued strong growth is 1: Economic Diversity 2: Youthfulness 3: Global Connection 4:...
Hi Guys,I am moving into a new home in December and will be renting out my current condo. I understand that if I list the condo during this Calendar year I will then be able to claim depreciation. Is it worth trying t...
Is there a number you guys use for monthly rent to income ratio when evaluating prospective tenants? I was told gross income should be 2.7 times monthly rent.
Hey guys,First time post but really enjoy reading all of your posts and insights it has been extremely helpful to my wife and I who run an STR in Oak Island, NC. We completed a cost seg. study on the year of the purch...
Our W2 income is 150k+, will passive losses carry forward for future use when W2 income is lower?
And no refrigerator either but I know what to do about that...
Are there any issues with putting or connecting a freestanding dishwasher adjacent to the cabinets? There is no "space" where the new...
A syndication investment sold in December. The Sch K-1 was not marked "Final" because the sponsor held some money back. My CPA says the capital gain can not be offset by the passive losses because "the passive Activit...
I'm seeking clarification on activation of suspended passive losses upon sale of rental property. Let's use the scenario where my suspended PAL exceeds capital gains upon asset disposition. Does the total suspended P...
I'm building a spreadsheet, and I'm stuck on a part I'm not quite sure on:
Basically, I'm asking if dividend recapture amount is realized only if there's a gain on sale, and if it's dollar for dollar (e.g., $1,000 i...
Would anyone care to share some tips for getting to know a new (or new to me) investment market?
I'm looking very seriously at the Poughkeepsie, NY area, but I haven't spent a ton of time there. Before I do anything,...