Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Real Estate Events & Meetups
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on .

User Stats

242
Posts
80
Votes
Omar Ruiz
  • Investor
  • Anaheim, CA
80
Votes |
242
Posts

Passive Income with Apartments - The Good, The Bad and The Ugly

Omar Ruiz
  • Investor
  • Anaheim, CA
Posted
This event is brought to you by:

No Replies

  • 11/06/18 06:15PM - 09:15PM America/Los_Angeles
  • Hilton Irvine at Orange County Airport, 18800 MacArthur Blvd Irvine, California 92612
  • $30

Disclaimer: BiggerPockets does not support or sponsor any meetups unless otherwise noted. Do your due diligence before attending any events. You may be agreeing to attend an event that includes promotion, pitching, or high-pressure sales tactics or techniques. Poster certifies that there will be no pitching of products or services at this event.

Report Event

You won't find Omar or Jeffrey on late night TV because they actually work on their multifamily business and not trying to sell books and courses about real estate investing.

They are practitioners-in-the-business with apartments, rentals and home flips in three different states. They will share their journey in apartment investing. Here are a few topics that will be covered:

  • Why Apartments
  • Market Cycles – The Good News and Bad News
  • Nightmare on 9th St - Lessons learned on our most challenging property
  • How The Reserves Saved Us!
  • What We Did to Adjust Our Qualification Criteria
  • Financing for Apartments
  • Syndication – What Is It and Tips to Raise Money From Investors?
  • Infinite Return on Investment – How we did it.
  • Why Brokers Pro-Formas Suck!
  • Biggest Mistakes Investors Make
  • Brief Analysis of Actual Income Statement from an Apartment Deal

  • ========================================================

    Keep More of Your Money – New Strategies for Real Estate Investors under 2018 Tax Reform

    presented by Pat Leung

    For real estate investors the saying is true…    "It's not about how much you make but how much you keep".

    Some investors make money in real estate, then pay ordinary income taxes – ouch! Others use the wrong entity only to learn that they could’ve kept more money if they knew better.

    Pat Leung, from Leung Tax Consulting will cover the following items:

  • Deduction limitation for homeowners – It’s not like it used to be.
  • New rules for 1031 Exchanges
  • Pay less taxes with higher write-offs under bonus depreciation and Section 179 expensing
  • 20% deduction for small businesses
  • Retire with more money by Optimizing retirement plan deductions
  • Patricia Leung has over 12 years of professional tax and accounting experience with emphasis on real estate. She’s worked in management capacities in “Big 5” and regional CPA firms, as well as in a large private equity real estate firm. She’s serviced multinational corporations, partnerships, and small businesses in numerous client matters, including complex U.S. and international tax issues, research and tax planning for high net worth executives. She will share information that can help you keep more of what you make.

    Tel: (949) 510-0637

    www.leungtax.com (http://www.leungtax.com/)

    ==========================================

    About the Meeting...

    November 6, Tuesday

    6:15 - 7:00 pm: Come early for NETWORKING

    7:00 - 9:00 pm: MAIN MEETING

    9:00 pm – On: Stay after for MORE NETWORKING

    COST: $30.00 Pay at the door, cash, card or check only.

    ATM is located at the Hotel Lobby.

    PARKING: $12.00 dollars and 100% validation with the purchase of one soft drink, cocktail and/or appetizer at the hotel restaurant while networking before or after the meeting.

    As usual there will be no sales pitch of any kind. We pride on the FIBI philosophy: "Bare Bones Real Estate without the hype and without the BS"

    hosted by

  • Omar Ruiz