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3 January 2025 | 5 replies
@Steven HsuBigger Pockets is a great place to find a real estate tax accountant.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business 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.
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3 January 2025 | 4 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business 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.
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2 January 2025 | 9 replies
It's a townhouse in Ohio, and as per the estimated financials, I could be looking at $400 per month in cashflow.Problem is...
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4 January 2025 | 25 replies
If you are asking why real estate, it's not for you because you are asking people to convince you about an asset class you somehow have determined to be not good for you.
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7 January 2025 | 16 replies
Look at me taking charge of my financial future!
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6 January 2025 | 7 replies
I don’t have the financial IQ yet as Kiyosaki would say.
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6 January 2025 | 4 replies
Consider starting with a few lower-cost flips with a smaller loan-to-value ratio to reduce financial strain.Market Research: Sacramento can be volatile, so I’d recommend keeping a pulse on local trends—particularly in the neighborhoods that have potential for growth but haven’t quite hit their peak yet.
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27 December 2024 | 22 replies
During the 2008 financial crash, low paid, low skilled workers were laid off in droves.
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6 January 2025 | 17 replies
Low appreciation may make the RoI from these assets low over long term, though they will cash flow on day 1.