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23 December 2024 | 5 replies
Future gains on the investment portion may be deferred with another 1031 exchange, while gains on the primary residence may qualify for the $250k/$500k exclusion if residency requirements are met.This post does not create a CPA-Client relationship.
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23 December 2024 | 5 replies
Advanced options like a charitable remainder trust can provide tax deductions while avoiding immediate capital gains.This post does not create a CPA-Client relationship.
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23 December 2024 | 0 replies
There, you'll find detailed information on investing, both in general and specifically in Las Vegas.Before I continue, note that unless otherwise noted, the charts only include properties that match the following profile.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garages, minimum lot size is 3,000 SF.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties.What we are seeing:The chart below, from the MLS, includes ALL property types and price ranges.
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18 December 2024 | 8 replies
It's a double skip process that requires gathering owner information on the LLCs from the secretary of state or corporationwiki (as @Eliott Elias stated), and then skipping the owner which is why you will only find a handful of companies that can do this accurately.
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23 December 2024 | 15 replies
It's not uncommon for clients to be working on their refi while they are completing the purchase.
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23 December 2024 | 6 replies
However, this does not impact the sale proceeds.This post does not create a CPA-Client relationship.
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25 December 2024 | 12 replies
It is what I personally do and I help clients do.
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27 December 2024 | 13 replies
Diversification and long-term goals should guide your decision.This post does not create a CPA-Client relationship.
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21 December 2024 | 6 replies
I helped some BP clients purchase a package of fourplexes last year and they've already raised rents by 15% in a little over a year of ownership.
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30 December 2024 | 819 replies
His Clients Want Their Money Back."