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19 December 2024 | 12 replies
Stanley,Welcome to the BP forum and good luck on your REI future.
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28 December 2024 | 16 replies
Then the tenant will rant a bunch of nonsense, have no evidence to back up his stories, and the judge will find in your favor based on the evidence provided by you.For future tenants, I highly recommend you read a book like mine or "Every Landlord's Legal Guide" by NOLO.
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23 December 2024 | 10 replies
“Money goes where money is treated best.”Your future ability to attain and maintain financial freedom depends on the city where you invest.Investment TeamAn essential location selection criterion is an experienced local investment team.
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21 December 2024 | 3 replies
The last thing you'd want to have to do is manage your future partner since you question their decision making or experience and you've already invested with them.
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24 December 2024 | 6 replies
Here is a fresh example, and it actually came from another tax firm (not mine) specializing in real estate.Let me briefly tell you why I crossed out their pitch:Strategy 1: depends on your 2025 projected net income vs your 2024 net income, among many other factorsStrategy 2: can backfire amidst the uncertainty of future tax rules regarding bonus depreciation, and also ignores alternativesStrategy 3: no rush to do it before December 31stIf you decide to continue reading, I will give you a high-level overview of the most common EOY tax strategies, obviously without an actual discussion of each one.
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27 December 2024 | 18 replies
If one can determine with relative certainty that today's tax rate is less than expected future tax rate then Roth makes sense.
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5 January 2025 | 12 replies
Consider your financial situation and future plans.
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20 December 2024 | 4 replies
@Chris Kay beleive you can do DSR loans without a job as they qualify the property, not the borrower.You'd still need 20-25% down though.That's where you have a decision:- Pay down the mortgage, setting yourself up for a future refinance to free up your VA Entitlement.OR- Save up for your next acquisition.Only YOU can make that decision as you have to be comfortable with the increasing debt-load risk and the additional time to manage everything.
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13 December 2024 | 11 replies
Just depends on your current rate, strategy, future cash-flow, etc.
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31 December 2024 | 57 replies
At the same time, serving notice seems like the right move for your peace of mind and future plans.