All Forum Posts by: Ricky Ponting
Ricky Ponting has started 3 posts and replied 6 times.
Post: Money trapped in celsius network tax deductible

- Posts 6
- Votes 3
Hello,
I made some crypto investments in late 2021 under Celsius Network since Celsius Network filed bankruptcy, is the money lost their tax deductible? Appreciate your inputs.
Thanks
Post: The Basics of Value-Add Real Estate

- Posts 6
- Votes 3
Awesome compilation on list of value adds, is a brand new luxury vinyl flooring on top of existing wood floor a better value add over refinishing existing wooden floor?
Post: Luxury vinyl flooring is this a DIY will I need a contractor?

- Posts 6
- Votes 3
Thanks a lot for the very useful tip. Based on current trends do you think LVT gives a better ROI over wooden floor when we sell? Me and my wife were thinking if we should refinish or put LVT on top of existing wood floor, there are also some gaps on wood floor and few areas sound squeaky, besides good looks we find LVT waterproof and soundproof but weren't really sure if it is going to be a value add.
Post: Luxury vinyl flooring is this a DIY will I need a contractor?

- Posts 6
- Votes 3
Hello,
I wish to install Luxury Vinyl flooring on top of my existing wooden floor and actively exploring my best choices. Also I would like to know if I will need a contractor to install LVT here in Northern New Jersey or is it just a simple DIY project? I also have tiles in the basement that tend to get cold in winter, is it a good idea to install on LVT on top of tiles to keep the flooring relatively warmer?
Thanks
Post: Ask me (a CPA) anything about taxes relating to real estate

- Posts 6
- Votes 3
Hello Nicholas, Thanks for starting this wonderful thread. When is it ideal to reap the full tax advantages of selling a owner occupied duplex? before five years or after five years ?
Thanks
Post: Thinking about selling house in Jersey city

- Posts 6
- Votes 3
Hello,
I am thinking about selling my multifamily home in Jersey City heights . How's the market looking right now for sellers? Just want to get a pulse on how much people are getting for their homes before I put on sale.
Thanks