
20 January 2025 | 7 replies
AssetsAsk yourself: Do I want cash that depreciates with inflation and taxes, or do I want to build wealth?

9 February 2025 | 36 replies
Turns out the theory was right, but the decline has been even steeper.You might be able to predict whether a future market will be better or worse than the current one, but predicting how much worse or better is nearly impossible.And don't even get me started on how sponsors could be manipulating purchase cap rate, whether intentionally or unintentionally, by reporting pro-forma caps, non tax-adjusted NOI, and so on.

14 January 2025 | 15 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

12 January 2025 | 2 replies
Which increases paperwork & costs for little benefit - if any.4) You'll need an entity in the US.You need to discuss all this with a qualified tax professional or attorney.- For our clients, we provide consultations with a tax attorney that handles over 300 foreigners legal & tax needs.

14 January 2025 | 1 reply
If my target would be low income residents, are there any grants, tax credits, or funds available to help me with the conversion?

11 January 2025 | 12 replies
I forgot to add that the insurance and tax is included in my mortgage of $2,005.

14 January 2025 | 2 replies
The tax advantages of buying/holding gas stations are pretty great.Many of the components of gas stations including pumps, tanks, external parking areas, and other equipment are classified as either 5 or 15 year property so you can bonus depreciate a lot of it (minus the land value) and get significant deductions in year 1.With the 2025 bonus depreciation rate at 40%, a $1 million gas station acquisition could still lead to $100K+ in year 1 deductions depending on the specifics of your deal.

10 January 2025 | 12 replies
.: Stessa isn't good for keeping track of tax deduction items.Stessa was designed to just look at P&L.
11 January 2025 | 12 replies
I finally had to take a week off work and make myself incredibly obnoxious to ICE (the electric company) to get everything sorted out but our power is now on.

30 December 2024 | 6 replies
Baselane has the added advantage of synching with your Schedule E you'll use at tax time to file your taxes.