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20 February 2025 | 7 replies
PM companies charge a lot and if you don't have multiple rentals why pay them?
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20 February 2025 | 8 replies
., 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.
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13 February 2025 | 0 replies
Multiple offers situations are the rare exception, not the norm.
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3 February 2025 | 7 replies
The benefit is it is revolving so you can take it out and pay it back multiple times.
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8 February 2025 | 2 replies
It’s just part of the game**They have multiple leads & opportunities in play- If you’re banking on one contract to make or break your business, you’re already losing.
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10 February 2025 | 6 replies
My buddy just got burned by someone borrowing from multiple people where the others weren't aware of each other and they thought they were the only one lending, etc.It all comes down to how well you REALLY know each person in the deal, and then, "do you REALLY know them?"
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2 February 2025 | 13 replies
Yep I know it- I've had multiple tax clients over the years face a mean surprise with that.
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11 February 2025 | 8 replies
I lived in Cleveland for multiple months and have some great connections to help you get started investing in Cleveland.
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18 February 2025 | 16 replies
There is a reason why I buy properties that cost a multiple of what typical cheap rental properties are going for.
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6 February 2025 | 5 replies
I use Rentec Direct which does a great job of tracking multiple owners/properties/tenants with the pooled bank accounts.