They are now doing a reality show on the Phoenix auctions. A friend told me once they started Storage Wars, the number of people at auctions tripled. This is good for bidding services but bad for investors. Time to...
Loving the idea of a local co-host for 5-10% that can manage cleanings, turnovers and maintenance for my new STR. I'm a marketer & don't need help getting bookings, which is what I'm finding most full property man...
When talking about cost segregation studies, a common confusion is the difference between reclassification and bonus depreciation and the role that each of them plays in terms of taxes. Let’s dive in.
Reclassificat...
Hey all, just completed my first home purchase this May at age 24 and wanted to share! SFH 5 bedroom 2 full bath in Schenectady, NY. Mortgage is around $1650. Home equity loan to repair the roof, collapsed pipe in the...
Hello all! I have read through the IRS documents in this subject and can’t come to a clear consensus. Here’s the situation: I and my spouse got married in our thirties and both owned a residence. We got married Decemb...
Hi All-There seems to be a ton of confusion in the market regarding the new ADU laws in Los Angeles near USC. I’m in escrow on a great SFR with an oversized garage that I’d like to convert to an ADU. Everyone says tha...
Hello, about to sell my rental property which is not in an LLC and just in my name... Does this still qualify for a 1031 exchange as I am looking to hopefully upgrade into another property... Is there anything that s...
This article is from an interview we did to address which factors can impact a buyer’s mortgage terms.
- Can you outline what factors of a buyer’s financial profile can influence their mortgage terms?
Almost every...
Hey fellas,One of the members of our LLC wants to contribute his personal residence so that we can 1031 exchange it up to a larger multi family. If he moves his personal residence into the LLC would that allow us to 1...
Okay.. I'm new but I've been reading a lot of posts. It seems everyone is trying to get their involvement in their rental income business to be "actively Participating" so they can get the QBI deduction, but I've al...