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8 May 2024 | 4 replies
CPAs might not always be proactive in asserting their value in the initial structuring process, leading to their exclusion from early discussions.However, recognizing the importance of CPAs in optimizing tax efficiency, mitigating risks, and ensuring financial compliance, it's beneficial for GPs and their legal teams to involve CPAs from the outset.
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7 May 2024 | 24 replies
Currently, my main bottleneck is going through hundreds of leads to qualify them before I spend the time running numbers; it would make my life easier & the business a lot more efficient if I had a VA who I could train to go through/qualify the leads for me so I can focus on the valuation/reaching out to homeowners.
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14 May 2024 | 164 replies
But on the flip side REI allows you to substitute cash investments with your time and your energy.
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9 May 2024 | 19 replies
It's been a game-changer, allowing us to respond faster to inquiries and provide clearer instructions and local recommendations for our guests.Automation has truly transformed our business, making it more efficient and improving the overall guest experience by leaps and bounds.
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8 May 2024 | 10 replies
After investing in the Tampa area for 20 years, these spots in Tampa have the most potential for equity and rental appreciation: Seminole Heights is full of energy, attracting a creative crowd that’s great for residential investments.
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8 May 2024 | 9 replies
As accountants we need to keep clients realistic about tax goals and shoot town the "I saw on tiktok" or "produce clerk said this strategy" to keep them on track and their networth growing in a smooth and tax efficient way
7 May 2024 | 4 replies
Therefore, you need to become educated in estimating repair costs while walking properties to decipher if it's worth your contractor's time/energy.
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7 May 2024 | 2 replies
We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.
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7 May 2024 | 8 replies
.💼 Efficient Operations: Multifamily investing demands effective operations management.
7 May 2024 | 6 replies
However how much are you spending is this even going to be noticeable to your bottom line, or would you be better focusing energy on other items?