
23 February 2025 | 4 replies
I really trusted my agent and knew several people who had invested in Reno so I took the leap after trying and failing for years to buy my own home in really high cost cities where I lived (NYC, DC, SF Bay area).

17 February 2025 | 7 replies
Or if you need to hire a kid to stand out in front of their office warning their clients that they’re losing tax forms and not telling people.

26 February 2025 | 12 replies
This means that when you sell the property, your adjusted tax basis is lower, which increases the capital gain you must recognize.Additionally, any accelerated depreciation taken is subject to depreciation recapture at a higher tax rate (up to 25% for real estate assets) rather than being taxed as long-term capital gains.So, while cost segregation provides significant upfront tax savings, it also increases your capital gains tax liability upon sale unless you use a 1031 exchange or other tax-deferral strategies.You can find your current tax basis by reviewing your depreciation schedule (Form 4562) and prior years’ tax returns, specifically looking at your adjusted basis on Form 4797 (for sales of business property) or Schedule D (for capital gains and losses).Your CPA should be consulted prior to making any decisions.

3 February 2025 | 2 replies
FHA loans are designed for primary residences and require the borrower to be an individual, not a business entity.

22 January 2025 | 16 replies
People always say there's no value but that's not for you to determine.

12 February 2025 | 1 reply
Let me know if you need the resource.Some people/HOA may try to collect to see what they can get away with.

3 February 2025 | 0 replies
Hey everyone,Recently I expanded my business to NC Triad area.

9 February 2025 | 3 replies
I am a general business major and also currently working on obtaining my real estate license to become an agent.

10 February 2025 | 11 replies
Not a big sub to fan and definitley not a fan of people trying to wholesale deals off of the MLS.

2 February 2025 | 10 replies
Get your insurance in business name, utilities can be put in business name.