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3 January 2025 | 3 replies
My wife and I are working toward financial freedom, and I’m grateful to share that we’ve reached some significant milestones.
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31 December 2024 | 6 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
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8 January 2025 | 8 replies
However, it's important to be cautious, as sheriff sales can be risky for inexperienced individuals and may lead to significant financial losses.3 - Referring to point 2.4 - I can provide you with some recommendations for CPAs who are based in Ohio.
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1 January 2025 | 0 replies
Because I did everything wrong, started with basically nothing and STILL achieved financial freedom, I know for a fact that anyone can do what I did.
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30 December 2024 | 1 reply
Financial Highlights•Acquisition Price: $72,000•Renovation Costs: $35,600•Total Investment: $107,600•Funds: raised from personal savings and private lender How did you add value to the deal?
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18 December 2024 | 16 replies
They literally went through each operating agreement and prepared an email listing out each member of each LLC and clarifying they each had to guarantee the loan despite the fact none of those entities were even being used for the purchase (which was previously explained to Dominion Financial).
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24 December 2024 | 2 replies
I’m trying to make sure my business appears legitimate and trustworthy to local sellers, but I also want to avoid violating Google’s guidelines and risk having the account suspended.Would love to hear from anyone who’s faced this issue or has creative ideas for solving it!
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27 December 2024 | 3 replies
I've also heard about rolling over some money into a self directed IRA to invest in real estate, but that doesn't really solve my problem.
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19 January 2025 | 42 replies
Any guidance is appreciated and I know it's not tax nor financial advice, just your thoughts.
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1 January 2025 | 3 replies
I was able to become financially independent in 2 years with two properties.