Cheng Zhou
Doing market research with Chat GPT, using Atlanta as an example
Hey folks, I want to share my experience using Chat GPT to help you do efficient market research. Some tips to keep in mind when using Chat GPT:1. ask specific questions, with guidance on what data points do you expec...
Dan MacDonald
Depreciating the capital gains tax owed on the sale of an investment property
I've got client with a question relating to capital gains taxes on the sale of an investment property. If you have any familiarity with capital gains taxes/depreciation please chime in.He bought a single family house ...
Alex Breuer
Advice! Sell or rent? Tax burden?
Im looking for advice on what to do?I bought a condo for 80k in Dec.2018.My original plan was to rent it out. (after calculations ill cash flow 500.00 monthly)Ive been working on the property and i had a visitor the o...
Rich Sutherland
Nevada LLC v Connecticut LLC
Hello All,An absolute newbie here! I have a partner who has created an LLC in Nevada for flipping houses as they were advised it was best. Ive done a little research and looks like it is more beneficial to create an L...
Daniel A Lee Kim
Homestead Exemption Texas
Hello everyone,I'm relocating to Texas on order (active duty) and am about to purchase a SFH which I intend to live in. Can I file Homestead Exemption for this property given I get Texas driver's license? What would...
Patrick Brodeur
Help me analyze this deal
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Jacob A.
Anyone know Providence?
I'm from the Southcoast area in Massachusetts. My market is mainly New Bedford since that's where I'm most familiar. I've started taking a peek at multis in Providence, RI. Some of these properties are in great shape ...
Barri Griffiths
Assessing Multifamily taxes
Hello,I'm currently actively searching for and underwriting deals.I just went to see a 32 unit recently, and it's something that I might want to throw and LOI out on. But before I do I'm trying to dive a little deeper...
Cliff T.
How is income from private lending taxed? How does REPS impact this?
Hi all,Can anyone provide some guidance on how income from private lending is typically taxed? My understanding is that if I'm NOT considered in the business of loaning money, then the income is considered interest in...
Greg Ripley
Estimating Multi Family Insurance Costs - Eastern Canada
Hey there,I'm a newer investor in Cumberland County, Nova Scotia, and I am just finishing my first flip project which I am excited to share in the coming weeks. I'd like to next buy a duplex/triplex and step foot thro...