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16 January 2025 | 7 replies
Based on our 1031 and commercial loan, we are trying to figure out how to separate out some of the duds.
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16 January 2025 | 7 replies
I just set up my vrbo account and still some finer details about planning the communication, cleaning service, maintenance persons, etc…
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21 January 2025 | 31 replies
With enough knowledge you can make a educated decision on which approach you take.My experience:I personally don't sign up for any program who take you aside during events and try to sell packages that is just blatant sales strategy.Once you sign up there is every attempt to make you sign for their programs for bookkeeping, registered agent, LLC or corp setup fee which have ridiculous even with platinum membership.Basic standard structure they suggest to take advantage of multiple deductions can be easily achieved by proper education or work with a good firm like https://wcginc.com who is local to you.A umbrella C-crop to manage all other LLC properties and take advantage of many tax deductions that are not available with a llc, its also used to take losses up to 100K as startup expenses and dissolve the entity after few years.Few LLC entities for investing in Real Estate, etc preferably in Wyoming or Nevada ( you can find many companies online who can do this for $150 compared to anderson $1500-$3000) , they will claim they have a secret Operating agreement which is bogus.They certainly try to take advantage of tax loopholes and claim to be smart people, my view they are just taking advantage of numbers as per their own statements.
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16 January 2025 | 3 replies
FHA loans can be a good option here, allowing you to put down a lower down payment.## NetworkingNetworking is key in real estate investing.
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13 January 2025 | 0 replies
For example, if your house is worth $500,000 and you still owe $200,000 on your home loan, you have $300,000 in equity.
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27 January 2025 | 15 replies
Awesome to see a new investor-minded person here.. do you have a favorite real estate success story already?
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13 January 2025 | 7 replies
Other CPAs and firms have quoted me 5k-10k+ but are no where near as responsive and personable as my current CPA and accountant.
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15 January 2025 | 5 replies
If the RV is not permanently affixed and retains mobility, it is considered personal property and depreciated over 5 years under the Modified Accelerated Cost Recovery System (MACRS).
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27 January 2025 | 65 replies
I do know that unless a person knows what they’re looking for and how to close, it can take a lot of leads to get a deal to the finish line.
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21 January 2025 | 5 replies
If you find an investor to buy them, send them my way for the loan.