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22 October 2024 | 23 replies
Quote from @Chris Seveney: Quote from @Stuart Udis: I continue to see more and more posts suggesting real estate investors should go from buying 2-4 unit buildings to buying larger apartment complexes.
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22 October 2024 | 18 replies
Form an asset protection plan that's so complexed it must be described in flow chart form and must include a Wyoming LLC, otherwise what's the point if they aren't "anonymous"?
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21 October 2024 | 4 replies
My goal is to leverage my wholesaling experience to learn the ins and outs of the industry, and eventually scale up into more complex investment strategies.
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22 October 2024 | 7 replies
This will assist investors in making informed decisions and to potentially identify lucrative investment opportunities.More Accurate Property Valuations: Property values are assessed more accurately when utilizing AI tools as they are able to take into account multiple factors including market conditions, location and the features of a property.
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24 October 2024 | 12 replies
However, this approach might add complexity, such as additional tax filings, self-employment taxes, and administrative costs.
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21 October 2024 | 1 reply
The most recent job fair featured over 20,000 open positions.In ConclusionWhile nothing is guaranteed, the combination of population growth and limited land for expansion virtually assures that prices and rents will continue to increase.Thanks for reading my post.
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20 October 2024 | 8 replies
Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).
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23 October 2024 | 19 replies
Hi there,Given the complexity of your situation—owning a rental property in Florida while residing in Illinois, house hacking with your daughter, and planning to claim tax breaks—it might be a good idea to consult with a Certified Public Accountant (CPA) or an Enrolled Agent (EA) who specializes in real estate taxation.While your current tax professional at HR Block has experience with multiple properties, a specialist can offer more in-depth knowledge on multi-state tax issues, rental income reporting, depreciation, and maximizing deductions specific to real estate investments.
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22 October 2024 | 7 replies
If you see yourself owning 2-3 apartment complexes, I would start with at least 4 units, maybe even 8-16.
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23 October 2024 | 27 replies
With condos, sales in the same complex would be most similar.