Jeffery Jones
Section 8 properties
8 January 2025 | 11 replies
I’m new to the community and I’m planning to start a Section 8 rental property business.
Henry Clark
Self Storage- Just Built, To Sell or Not
16 January 2025 | 6 replies
But I wouldn’t trade the experience for anything in the world.
Nicholas Woo
what are your thoughts using Anderson advisors?
21 January 2025 | 31 replies
I'm in the market for entity config and tax planning/prep.
Penny Wilkinson
Looking to sell a duplex but having trouble determining value
16 January 2025 | 15 replies
You could try to value it with the income approach, with NOI & DSCR, but that usually isn't done with smaller multifamily.You're going to have to extrapolate out farther and see where other smaller multifamilies have traded.
Seidy Lasker
Wash Sale Rules for Options
2 January 2025 | 1 reply
Day traders are not exempt unless they elect mark-to-market (MTM) accounting, which eliminates wash sale tracking but taxes gains as ordinary income.To manage taxes, track trades closely, avoid overlapping purchases, or consider MTM election if trading actively.
Kyle Fitch
Why Real Estate Over Stock Market?
6 January 2025 | 57 replies
The maximum leverage I have ever seen in trading accounts is 50%, and that's very limited and select.
Sean Gallagher
Scaling out of state while busy working my W-2
12 January 2025 | 23 replies
. - Fortunately, our transparent systems allowed the owner to catch it:)- Full transparency - we would have never caught this honest mistake:(An owner also needs to be involved to approve & fund large expenses: maintenance, property tax & insurance payments (if they want to be more hands off), evictions, etc.A great PMC should also have a chat with you annually about your future plans for a property and your portfolio.
Clay White
Storage Unit Overhead Doors
7 January 2025 | 2 replies
If you're more of a 'personal referral' person than a 'do research online' person, and this is local to you in Manhattan, KS, hit up one or two of the trades people in the "little apple all stars" BNI group.
Matthew C.
Advice on multifamily vacancy
13 January 2025 | 11 replies
You may see if you have one in your area that you could trade your property into something nicer.
Troy Smith
CPA tax advice.
9 January 2025 | 11 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.