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14 January 2025 | 3 replies
This is the fork where I'm not sure if I'd be good to get some CRE exp and invest in learning about how to review deals for the next 2-3 years, or focus on generating revenue for investment purposes and watch how things are done as a LP.My personality more aligns with networking, reaching out to people, connecting, navigating difficult situations and finding solutions that work.
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16 January 2025 | 6 replies
You will have to pay higher personal income tax rate, versus waitingtill after one year for lower Capital gain tax rates.
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13 January 2025 | 7 replies
Buy it personally, and rent it full time to my C-corp?
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16 January 2025 | 0 replies
The owner was motivated due to personal circumstances and wanted to avoid the hassle of listing the property publicly.
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17 January 2025 | 22 replies
The GC is a business person who doesn't care about your ARV, LTV, or your budget.
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13 January 2025 | 15 replies
By year 5 we had around 55 people.We did hire a marketing person but frankly marketing wasn't our strong suit.
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18 January 2025 | 13 replies
You missed an important item: Depending on how a person does #1 or #2, it could get them: A fast-pass to the "Principles Office" for "bullying" and now there sitting in "detention"....
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14 January 2025 | 2 replies
What types of IRS/CPA approved payments are working well for rents to LLC entities to keep personal and business funds from co-mingling?
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22 January 2025 | 10 replies
You have a freelance job and you can qualify as REP I sharing this from my personal experience.
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17 January 2025 | 2 replies
Again, this is a conversation to have with your accountant to ensure the benefits would outweigh the costs.Another misconception is that there is little value in a cost segregation study for properties that do not have a lot of personal property in them or very little interior build out, such as industrial warehouses.