Justin Matesic
Almost A Year in... Need feedback
So the end of the summer will make it a year since I've bought my first property. I'm feeling pretty anxious about it lately, mostly because of a potential issue with my PM.I specifically looked for small MFR, that al...
Joe Splitrock
CDC Eviction Moratorium Extended to July 31st
As expected the CDC extended the eviction moratorium a month to July 31st and I suspect they will extend it again in a month. The reason cited is basically that some state governments have been ineffective and distrib...
Luca Shaw
Keep Or Sell Negative Cashflowing Rental - SoCal
Hi all,Last year I bought a 2/2 SFH in a suburb of LA (ventura county) fully intending to use it as a primary home. 30 year fixed @ 5.375%. Recent developments in my career lead me to have to move about 2 hours away. ...
Dave G.
Calling all CPAs - Depreciation Recaputure Tax Rate
I've performed searches on this topic and cannot find anything definitive regarding my inquiry, so posting my own.
What will be the depreciation recapture tax rate I have to pay when liquidating a rental - flat 25% o...
Jared Trindade
Real Estate Market in Wilmington NC
3 Month Update for Wilmington NC: Previous post in Market Data Thread -https://www.biggerpockets.com/...
*This is the second post in Wilmington NC Market Data Thread*
Wilmington is a medium sized coastal city positi...
Callie Mahoney
Rentals are the way to freedom? Looking to remain inspired.
We all know the process of real estate helps when there is a construction knowledge background. My first experience as a landlord turned into a mess and my inspiration is dwindling.
A year ago I listed my first rent...
Simon Stahl
Looking for a RE lawyer in or around Oakland, CA
I am looking for a good RE lawyer on Oakland or the Bay Area. He should be able to create offers with creative financing for me and also help me with the closing. Any suggestions?Simon
James Nicholson
Is the Disney Downturn Permanent?
I've been thinking about investing in a high-end STR in the Kissimmee/Davenport market (Reunion, Encore), but have seen that attendance at Disney World is way down. Most Airbnb calendars in that area are completely op...
Vikram C.
Does buy-and-hold make any sense now?
Here's a chart that I saw today from a reliable source. It shows the total debt of households, businesses and the government. There are two things that are quite clear from the chart:
1. Total debt has increased e...
Account Closed
landlord's will need to prepare 1099s
Under the new legislation designed to help small businesses was a small add on that is now going to require landlords to issue 1099s to any contractor performing services like repairs over $600.
http://www.allbusines...