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29 December 2024 | 24 replies
It’s easy and so worth it unless you have 30+ units.
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26 December 2024 | 11 replies
If you get a bad tenant in there that causes thousands worth of damage, then the tenant should be on the hook, right!?.
29 December 2024 | 9 replies
The condition is so bad the home is not worth the purchase price for collateral.
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30 December 2024 | 819 replies
I rolled over my IRAs worth roughly 100K into my solo401K.
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19 December 2024 | 2 replies
I’ve used public records in Texas to identify estates in transition.
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16 December 2024 | 35 replies
To debunk it, we're going straight to the source — the IRS.The IRS says to keep records for your business tax deductions indicating:What you boughtWhen you bought itHow much you spentAnd guess what?
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27 December 2024 | 7 replies
Based on my experience, it’s often not worth the time and expense because appeals frequently lead to no change in the tax assessment.
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22 December 2024 | 0 replies
While not every mentor is a guaranteed path to success, proper vetting through referrals, review of a mentor’s track record, and alignment between the mentee and the mentor can shine some light on whether or not this relationship is a good fit.
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19 December 2024 | 12 replies
I’m self managing myself but the tax side of it is a little confusing to me but I’m recording everything involved as far as maintenance, traveling, expenses etc. just want to know what some people would do in my situation or what to I can benefit from come tax season @Angelo LlamasI recommend that you find a real estate accountant to help you understand and prepare your taxes.Bigger Pockets is a great place to find a real estate tax accountant.
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23 December 2024 | 13 replies
In fact, there may be other home service opportunities with quicker growth potential worth considering.Additionally, be aware that in Texas you’ll need a broker’s license, not just a real estate license, to operate a property management business.