Selling an investment property can result in significant capital gains taxes. To minimize this tax burden, consider the following strategies:1. Utilize a 1031 Exchange: Under IRS Code Section 1031, you can defer capit...
Now that my brewery is off the ground, and diversification of income have begun- I am looking at properties. There is a potential deal which I am inquiring on bundling which has 2 multi-family properties. One of t...
Does anyone have any experience with ADU’s in the Bay Area? Specially with cost, planning, timing, contractors etc. I’m looking to build in Vallejo, Ca.
I'll cut straight to the point:I am purchasing a 3 family to house hack and I want to get rid of PMI as soon as possible. Here are the numbers.Purchase Price: $335,000Gross Income $3600.I have the money to put down 3...
In expensive markets like NJ, Seattle, expensive areas of CA, etc? I suspect the demand curve will shift unfavorably, at least for expensive properties. Cheap properties in the Seattle area around 350K and so may be c...
Hello,I currently have a 4plex in which I pay all heating and cooling costs, running about $300-350/mo by itself (two furnaces and two ACs). I'm thinking about converting to electric baseboard heaters and window ACs t...
L.A.: $111M in Stimulus Saved Just 55 Jobs
More than a year after Congress approved $800 billion in stimulus funds, the Los Angeles City Controller has released a 40-page report on how the city spent its share, and t...
We have a Co-op apartment that used to be our primary residence but now being kept as a rental. We are debating whether to sell it now to take advantage of the 2-out-of-5-year rule on capital gain tax exclusion, or to...
House hacking is a strategy that involves purchasing a property and living in it while also renting out part of the property to generate income. There are several strategies that can be used to successfully house-hack...
According to a recent article by Axios, WA lawmakers are considering eliminating Single-Family (SF) zoning in certain cities, like Seattle. Under the proposed bill (HB 1110-2023-24), quadplexes and sixplexes could be ...