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Results (10,000+)
Josh Schaap Driving for Dollars - Direct Mail Campaign Advice
13 March 2024 | 11 replies
I think if you want to put in the sweat equity to do direct mailing, focus most of your energy in researching a specific property owner and specifically target a narrow property owners with specific marketing material probably better than spending money on large number of postcards. 
Kenny Clark Negotiate with, not againt
12 March 2024 | 0 replies
She started yelling and screaming and I'll be honest, I wanted to match her energy in the moment.
David Ounanian What tax benefits or implications should I be aware of as a real estate investor?
12 March 2024 | 4 replies
.- Use cost segregation studies to expedite depreciation of your properties to offset large income gains.Entity Structure- Choose appropriate legal structure (LLC, partnership, or S corporation) with consideration for different tax implications.Tax Credits- Explore available credits, like energy-efficient or historic rehabilitation credits.Qualified Business Income (QBI) Deduction- Check eligibility for QBI deduction, providing up to a 20% deduction on qualified business income.Record Keeping- Keep accurate and organized records for tax compliance and audits.State and Local Taxes- Consider varying state and local tax implications, including property and income tax rates.Tax Planning- Engage in proactive tax planning, consulting with professionals for a comprehensive strategy.Tax Changes- Stay informed about changes in federal, state, and local tax laws affecting real estate investments.Remember to consult a real estate tax professional for personalized advice based on your specific situation.
Matthew Scott Real Estate Investor Mentors in TX
12 March 2024 | 5 replies
You're asking someone to spend a lot of time and energy to share what they've spent years - maybe decades - learning and developing.
Ryan Larsen On Sight Properly Manages
11 March 2024 | 6 replies
Many probably are.Just be careful about getting sucked into a new career and not having the time/energy left to invest.
Jeremy C. Lending options for established solar farm
12 March 2024 | 8 replies
The  local power company and Energy buyer contracts are set, land-lease contracts are set, and the solar equipment are all in place.
Star Reid My first deal questions !! - Finding 60k to fund deal - Mobile home in park quesitons
11 March 2024 | 11 replies
Quote from @Star Reid: Short back story - Became debt free after paying off $30k - Currently have $25k saved - Have been doing research, listening to podcast, read the book on rental property investing by Brandon Turner, and became a ProMember of BiggerPockets (learning how to run numbers with the tools here). 
Brian Hunsaker Wondering how to minimize taxes owed to IRS from rental properties
12 March 2024 | 36 replies
However, there are other strategies you can consider to optimize your tax situation:Maximize Deductions: Ensure you're fully utilizing all deductible expenses related to your rentals, such as maintenance, repairs, property management fees, and travel expenses to the properties.Depreciation: Make sure you're taking full advantage of depreciation on the properties, which can significantly reduce taxable income.Cost Segregation Study: For larger properties, a cost segregation study can accelerate depreciation on certain parts of the property, offering more upfront tax savings.1031 Exchange: If you're considering selling any properties, a 1031 exchange allows you to defer capital gains taxes by reinvesting the proceeds into another rental property.Energy-Efficient Improvements: Tax credits may be available for making energy-efficient improvements to your properties.Rod
Taylor Davila Which Strategy to start with
12 March 2024 | 12 replies
Training, recovery, and match travel must surely be time and energy-consuming. 
Yocheved Beer seller backing out after assignment of contract
13 March 2024 | 16 replies
It seems like the others are telling you to take the practical approach to the situation and you are going to be better off exerting the energy and money in new opportunities.