Harsaha Lenka
Need help double checking a deal
31 January 2025 | 6 replies
That 4% cap rate on in place financials is a lie.
Jonathan Small
DIY or hire help for taxes?
7 February 2025 | 8 replies
A good real estate accountant can save them thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend that they find a tax accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.I would also recommend that they look for a accountant willing to work with them throughout the year, who can help them strategize and who is responsive when they want to know the consequences of the financial decisions they are making throughout the year.Good luck.
Kenyatta Barthelemy
Starting out in New Orleans/ Baton Rouge
27 January 2025 | 21 replies
I wish I could say that I'm venturing into real estate investing for some benevolent purpose like providing low-income housing for the needy... but financial gain is certainly my angle lol.
Andreas Mueller
Why Should the Fed Cut Rates at All?
7 February 2025 | 2 replies
A frank, hopefully insightful, dive into real estate and financial markets.
Bruce B. Lee
Hello, BiggerPockets! House Hacking Help Needed!
5 February 2025 | 3 replies
And my only asset is that I am under 30, single and can move to any place to make my dream come true.
Joel Bechtel
Automating Multifamily Deals – Licensing Opportunity for Investment Groups
7 February 2025 | 0 replies
We’re currently using it for multi-family properties in a few core markets.While redIQ is a much more sophisticated tool that focuses on properties with over 50 units, our system is perfect for properties up to 50 units, providing an efficient solution for managing lead intake and financial analysis without the complexity of larger systems.Here’s how it works:Lead Intake & Processing: Automatically processes broker emails and key documents (OMs, Rent Rolls, T12s, etc.).Quick Review: Evaluates leads based on key metrics like IRR, price per unit, and more.Detailed Analysis: Extracts data from documents, evaluates financials, and identifies additional income sources.Market Research Integration: Automates checks on flood zones, demographics, school quality, etc.Deal Tracking: Uses Google Sheets to visually organize lead data—while not a full database system, it provides a simple and efficient way to store and track deals without the need for a full-fledged database like MongoDB.Financial Analysis: Built-in underwriting and financial modeling with automated reports.In addition to ZCG, I also own a portfolio of properties.
Christina Galdieri
1031 Exchange for a small business?
28 January 2025 | 6 replies
Intangible assets like goodwill or tangible personal property (e.g., equipment) are excluded from 1031 treatment and are taxed separately—goodwill is typically taxed as a capital gain, while equipment may be subject to depreciation recapture taxed as ordinary income.To minimize taxes on the sale of the business, consider strategies such as Opportunity Zone investments, which defer gains until 2026 if proceeds are reinvested in a Qualified Opportunity Fund (QOF), or structuring the sale as an installment agreement to spread taxable income over multiple years.
Cameron K.
Philadelphia 2024 - Top Hard Money Lenders
27 January 2025 | 8 replies
ASSET BASED LENDINGNote: Hard money is defined as average loan size under $2M, average loan hold duration under 2 years, and not a bank.
Izraul Hidashi
If a Borrowers Promissory Note Funds a Loan Who Is The Creditor?
15 January 2025 | 34 replies
And financial experts are asking me if the question is a joke?
Christopher Morris
Is Relying on Cash Flow Feasible?
21 January 2025 | 59 replies
On other side of coin, doing AAA; A-class assets, A-class tenants, A-class area.....