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Results (10,000+)
Melinda Barrett Hi everyone, I'm excited to join this forum!
17 November 2024 | 8 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.
Joseph Still Hello - looking forward to connect and grow!
8 November 2024 | 6 replies
I am 20 years old looking to grow and learn the real estate investing space with a goal set to make my first deal.
John Davey Tax Loss AGI +150k
13 November 2024 | 8 replies
@John Davey With an AGI over $150,000, all rental income and losses are bundled together and cannot offset ordinary income due to Passive Activity Loss (PAL) rules.In your example, the combined $3,000 net loss (from rentals 1, 2, and 3) is carried forward since your AGI is above the threshold.
Julio Gonzalez 11 ways to lower taxes when selling your property
17 November 2024 | 1 reply
This is particularly effective when paired with bonus depreciation provisions.This method not only helps reduce your tax liability but also enhances cash flow, making it a powerful tool for real estate investors looking to grow their portfolios.3.
Brad Herb Syndication using SDIRA $
19 November 2024 | 11 replies
@Brad Herb Investing in a syndication via a Self-Directed IRA (SDIRA) offers tax advantages but comes with fees and limitations:Advantages:Tax Benefits: Gains grow tax-deferred (Traditional SDIRA) or tax-free (Roth SDIRA).Avoid Penalties: Keeps funds in the IRA, avoiding early withdrawal penalties.Diversification: Adds real estate syndications to your retirement portfolio.Disadvantages:Fees: Setup, custodian, and administrative fees can reduce returns.UBIT: If the syndication uses debt, income may be subject to Unrelated Business Income Tax (UBIT).Complexity: Strict rules; all income/expenses must flow through the SDIRA.Illiquidity: Syndications are long-term, locking up funds.Use an SDIRA if the investment is significant and the UBIT impact is minimal, especially with a Roth SDIRA for tax-free growth.Remember that RE, outside of retirement accounts, provides the biggest tax benefits.This post does not create a CPA-Client relationship.
Melanie Baldridge RE Pro status to make the best case with your CPA and the IRS
12 November 2024 | 1 reply
Cost segs unlock these savings, but the losses won't offset your ordinary income from your job unless you are an RE Pro.Here's how to think about RE Pro status to make the best case with your CPA and the IRS:RE Pro Status starts with the IRS definition of a Real Estate Professional (IRS Pub 925).It is not as simple as getting a real estate license or working for a firm that provides real estate services.Ask yourself these questions to see if you qualify:Q1: Are you in the right business?
Katy To New to BP! Experienced in commercial, land acquisitions, and real estate development
16 November 2024 | 5 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.
Scott Trench Purchasing a small Office Building
22 November 2024 | 13 replies
@Scott TrenchThe distressed office market offers a "Blood in the Water" opportunity to invest in suburban office space, with a cap rate of 10-12% and a growing demand for shorter commutes.
Josh Maier Co hosting for short term rentals start up inquiry
16 November 2024 | 5 replies
Co-hosting is just like any other business---- scalable systems. 1) Know how to build systems2) Find a mentor who will teach you3) join a mastermind that will teach you4) Learn and grow as you go... but have insurance.
DeAnna McKillop-Lopez LLc’s and irrevocable trusts
18 November 2024 | 9 replies
if you are getting just started, i would just use your personal name and get the freddie/fannie 30 yr fixed loans. gives you way better cashflows up front which allows you to grow faster in the beginning.