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14 October 2024 | 9 replies
I do however agree with you that there’s no one size fits all approach and depending on the type of business that’s operated and location, the correct strategy may vary.
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15 October 2024 | 16 replies
This is a whole new era than 2010-2020, you're going to have to come correct not just straight spec.And you're not making 4.5% on your HYSA--that's gross.
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15 October 2024 | 14 replies
You are looking at it correctly, as others mentioned trying to avoid a PG is challenging, especially when starting out.
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12 October 2024 | 2 replies
1) Make sure STR is allowed. 2) Get more and the correct forms of insurance to go with your umbrella policy. 3) Skip the LLC.
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12 October 2024 | 6 replies
What are my options for correcting this situation?
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15 October 2024 | 34 replies
Congrats on that, but let's correct some things.
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13 October 2024 | 8 replies
However dependent upon taxable income you could get away with a pretty low tax bill due to favorable capital gains tax rates.Be sure to work with a qualified intermediary and a tax professional to ensure you comply with all 1031 exchange regulations and to be sure you keep basis correct as all a 1031 does is defer your gain.Happy to help run some numbers or do some basic analysis for you if you would like.
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12 October 2024 | 2 replies
Asking in the correct forum will get a better response.Need a spreadsheet or form?
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14 October 2024 | 420 replies
Thus making the information only relevant if applied correctly.
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13 October 2024 | 15 replies
Also real estate prices have gone up and looks like slight correction in this market but prices are still high.