
28 July 2025 | 13 replies
Here are two essential practices:Thorough Documentation: Before a tenant with a pet moves in, take clear, comprehensive video documentation of the entire property and yard.

29 July 2025 | 1 reply
Reduced immigration is also likely to weigh on household formation, estimated at about 1.1 million per year for the next couple of years, below the recent trend.In Conclusion:The mid-year housing outlook signals a period of adjustment in the US real estate market.

25 July 2025 | 41 replies
That's probably the most comprehensive data set out there but maybe you have a large one on the MLS too?

28 July 2025 | 10 replies
We have a 3x household income over the rent, with favorable references, rental history, landlord references, employment history & references, looking at how much money they have on hand & spending history via statements, as well as background, & criminal reports on top of credit.

20 July 2025 | 17 replies
Annual incomes between $57,375 and $177,872 are considered to be middle class according this article, so starting at $57,375.This is household income, so includes lots of single people:1% household income earn $315,9115% household income earn $162,21010% household income earn $125,94225% household income earn $81,18450% household income earn $46,151No wonder Americans are upset.

22 July 2025 | 0 replies
In fact, 85% of active listings are out of reach for the average household income.

21 July 2025 | 0 replies
In the meanwhile, and to get the most comprehensive training from different teachers, I'm considering signing up for the mastermind with Jon Barbera.

23 July 2025 | 8 replies
Yes, you can deduct property taxes on both homes on your joint tax return, but there’s an important updated cap to keep in mind.State and Local Tax (SALT) Deduction Limit — Updated for 2025:The One Big Beautiful Bill Act (OBBBA) increased the SALT deduction cap to $40,000 per year for married filing jointly.This cap includes all state and local income taxes, property taxes, and sales taxes combined.The deduction begins to phase out for households with adjusted gross income (AGI) over $500,000 (married filing jointly).So while you and your spouse can own and occupy different homes, the total SALT deduction across both properties (and any other state/local taxes) is limited to $40,000, assuming your income is below the phaseout threshold.Primary Residence Mortgage Rules:You are eligible to apply for a primary residence mortgage on the new home since you will be living there at least five days per week.The IRS defines a primary residence based on where you spend most of your time, not whether your family lives there.CPA Insights:You can deduct property taxes on both homes, subject to the $40,000 SALT cap.You may treat the new home as your primary residence for mortgage and tax purposes, based on your time spent living there.Review whether itemizing deductions (including property taxes and mortgage interest) provides a greater tax benefit than claiming the standard deduction, especially under current law.This post does not create a CPA-Client relationship.

23 July 2025 | 31 replies
Again based on the condition of the particular market segment and competition.High-quality professional listing photos, including virtual staging photos for vacant properties.Make showings easyScreen for most likely to perform buyersNegotiate price and terms most favorable to the seller, including repair requests.If you can find a discount broker that can provide excellent, comprehensive services, I would go with them any day of the week.

21 July 2025 | 0 replies
For a more comprehensive look at the Las Vegas investment market, please DM me for a link to our blog.