
21 October 2024 | 59 replies
Money left in the account that isn't needed to regular bills and expenses, remains in the HELOC and compounds the savings benefits.

22 October 2024 | 4 replies
Practice regularly so your muscles are strong and fast.

24 October 2024 | 27 replies
Those three tithes combined resulted in an ~23% giving rate not 10%...each is 10% with two of them annually and the third every three years.So all that said, Christians ought to give from the heart (2 Cor. 9:7), regularly (1 Cor 16:2) and if you struggle with the amount pray and consider what is placed upon your heart (James 1:5).

21 October 2024 | 6 replies
I recently learned that if you owner occupy a residence for part of the 5 previous years before sale, and you rent it for the remaining time, you can calculate the percentage of time the property was owner-occupied (and thus qualifies for the sec. 121 primary sales tax exemption of up to $250k for single filers) vs the time it was being rented (which qualifies for 1031 exchange) and claim both benefits. https://hcsequity.com/blog/combining-1031-exchange-with-121-....How does this work for a multi-family?
21 October 2024 | 1 reply
You are able to do so as a regular private citizen.

22 October 2024 | 7 replies
None of my regular investor clients will buy in Mesquite for years now.

24 October 2024 | 12 replies
By forming a property management company, you could deduct business expenses like office supplies, software, and possibly a home office, which you wouldn’t otherwise be able to claim.

19 October 2024 | 14 replies
Check on the property regularly to make sure it's not sitting vacant with a wide open door.

22 October 2024 | 4 replies
Disclosure: I have only done this with MFR properties but according to the state it should be acceptable with SFR property as long as you claim holding it solely for investment and not your personal residence as you would already get a better deal.A few other slight perks of SC compared to some other states is the taxable value is not retroactively applied.

21 October 2024 | 4 replies
Regularly review your property's performance, and if the ROE dips, explore ways to extract and reinvest the equity to maintain your investment momentum.