
26 November 2024 | 10 replies
We do have our retirement accounts, brokerage accounts, HSA accounts, etc… and will continue to invest money into those respective accounts for retirement purposes.With above stated, I would appreciate if anyone can give me an honest opinion on how to start my journey as in what would be the best operation plan/strategy given my current situation and assumed future plans before partaking.Thanks in advance for anyone replying and assisting in the matter.

27 November 2024 | 10 replies
There is also the added bonus of networking with future colleagues in the class, finding accountability partners, etc.I got licensed online with real estate express.

26 November 2024 | 17 replies
@Anthony DupreBigger Pockets is a great place to find a real estate accountant.

26 November 2024 | 10 replies
Just curious what is the long term plan as far as minimizing tax in later years as the account in pre-tax become huge?

26 November 2024 | 4 replies
The ability to use leverage and reduce taxes in your highest earning years without having to put money into qualified retirement accounts is a great way to build wealth.So - If you own an STR:1.

27 November 2024 | 10 replies
100% agree.. especially with syndication once your money is in their account you have zero control.. your not on the checking account your relying on either sponsor prepped financial although some are audited which is better of course..

26 November 2024 | 3 replies
This is from my accountant.

21 November 2024 | 14 replies
These people are a pain in the arse, get a good Environmental company to do your Phase 1 and any permitting you might have to do for stream crossings, wetland compensation, ect.

29 November 2024 | 6 replies
DSCR Loans don't take DTI into account and are aimed at looking primarily at the property so if it cash flows, don't have to worry about personal income!

26 November 2024 | 13 replies
Here are a few options: max out 401k contributions for you and your spouse, max out HSA contributions, make charitable donations, harvest tax losses, etc.I recommend finding a tax strategist who specializes in real estate taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.