Pete Harper
1031 into upREIT
18 November 2024 | 8 replies
It's important to understand the difference, and I'd recommend sticking with the REIT with depreciation advantages.The Tax Cut and Jobs Act (TCJA) includes a 199A deduction and applies to certain income from pass-through entities (including REIT dividends) and allows individuals to take the 20% deduction against REIT dividend distributions that yields an effective tax rate of 29.6% or 37% (80% for upper bracket filers).
Jonathan Abrado
Pace Morby Gator Method Course Review
7 January 2025 | 150 replies
Hi Anthony,I'm not sure if someone already answer your question, but when you submit the earnest money to the escrow company (you don't give it to the wholesaler or seller directly), you also submit escrow instructions which state how the money is to be distributed.
Kevin S.
Buy Real Estate with Pre-tax (401K/SIDRA), Roth IRA or after tax dollars?
21 November 2024 | 4 replies
The answer is usually obvious if you can take the tax hit, but in your case assuming 5-7 years away from needing/wanting to distribute money to yourself, this is a decision you need to make with your tax advisor.
Anthony Dupre
Seeking Advice on Asset Protection for Out-of-State Real Estate Investments
26 November 2024 | 17 replies
In your LLC did you add a Line you can vote to suspend distributions?
Joshua Carvalho
The Rise of Waco, TX as a Prime Market for REI
18 November 2024 | 17 replies
SpaceX now has a rocket testing center right outside of Waco, Amazon is currently building a huge distribution center in Waco, and BSR Surf Resort & Cable Park built the #1 wave pool and cable park in the world, making Waco an international surf and wakeboard destination.
Jamie Parker
Reinvesting in the business (How to structure paying self)
15 November 2024 | 17 replies
I think the technical term is distribution.
Brandon Staines
Girlfriend and I broke up , Now what about the house?
19 November 2024 | 7 replies
Could also rent it out, controlled by an agreed upon third party that distributes equal pay to each party, and hopefully could also pay the mortgage out of rental proceeds so neither of you are on the hook.
David Hori
Is Pace Morby a Scam?
2 December 2024 | 106 replies
Its more like 98/2 with an additional 5% saying they do stuff so they can get a piece of someone else's hard work while they have not done anything and live in their mom's basement.All that said there is value well over the cost for those who apply themselves to deriving the value.
Ian I Leinwand
Medium Term Rental Leasing - Month to Month or Set Lease Term?
19 November 2024 | 6 replies
The key is marketing on a wide distribution of channels to get a billboard effect and attract those mid term renters.
Scott Trench
REPS And Active Losses and Gains
16 November 2024 | 21 replies
When the syndication is sold in future years, are the gains, depreciation recapture, and distributions also taxed as active income?