
11 January 2025 | 31 replies
Sometimes the recorders office may not be online but the tax appraiser is.

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.

11 January 2025 | 6 replies
@Rafael Ramos All your goals contradict each other:(1) Cashflow: buy Class C & D properties2) Appreciation: buy Class A & B properties3) Low Crime: buy Class A & B properties4) Why would you want your investments to lose money to lower your taxes?

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?

9 January 2025 | 46 replies
Tax Preparation, Tax Advisory, Accounting.

16 January 2025 | 7 replies
@David R Pustelnik recommend you first focus on raising the rent for the first time in 10 years.By the way, how much have your property taxes and home insurance gone up since this tenant moved in?

17 January 2025 | 12 replies
its most unfortunate that you had to go through this deception and theft from someone who is considered a professional in this business. we definitely appreciate you putting the warning out about this character. as hard as it is to find a reliable experienced contractor nowadays its even harder to find one that's not a crook and a liar and that's truly pathetic.

9 January 2025 | 3 replies
To help newer investors get started and learn from other likeminded professionals.

7 January 2025 | 1 reply
I learned how to maintain a home, work with real estate professionals, contractors, interview prospects, etc.

12 January 2025 | 7 replies
>>For purposes of taxes, consult with a CPA to confirm this would work for your situation, but you could have the LLC be treated as a "disregarded entity" and thus, even if you and your wife are members, any profits/losses would "disregard" the LLC and go directly on your personal returns.