
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.

12 March 2024 | 11 replies
Meeting seasoned investors who might be willing to advise you can happen at these events.Join New Jersey-based organizations or groups for real estate investing.

11 March 2024 | 2 replies
One major challenge is having our partners come up with clean and organized documentation of their track record.

11 March 2024 | 3 replies
Here are some of the types of “wanna be” investors who never seem to be able to “pull the trigger:”The Organizer – This individual can’t seem to ever get fully organized - and until they do they can’t possibly make a purchase transaction.

12 March 2024 | 4 replies
Feel free to inquire about their staff qualifications if it's a larger organization.2.

12 March 2024 | 5 replies
You can meet possible mentors through the events, workshops, and networking opportunities that these organizations frequently provide.Social Media Platforms: To get in touch with Texas real estate investors, use social media sites like Facebook, Twitter, and LinkedIn.

11 March 2024 | 6 replies
I organize it by category per property.

12 March 2024 | 168 replies
The organizer of the LLC carries the risk.
13 March 2024 | 70 replies
Keep money on hand.But, if you are well funded, know what you are doing, stick to the law, are proactive, are organized and honest and don't promise what you can't perform and don't "rent back" to the seller for any reason at all and don't borrow from or involve people who can't afford to lose their investment with you and don't put 3rd and 4th liens (borrowed money) on properties and don't buy from "vulnerable people", and you buy only in states that don't focus on suing for perceived wrongs, it won't be a problem, most of the time. ;-)

10 March 2024 | 0 replies
I have a very small crew, a solid network of subs but need help organizing it all.