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8 January 2025 | 4 replies
Unfortunately most CPA's have not lived through more realistic income tax bracket environments such as the 50s 60’s 70s and 80s……so what I’m saying here is not something that most investors, business-owners, high net worth families, or REI investors are thinking about.
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9 January 2025 | 20 replies
And, I think most women would choose a midwife that has gone through pregnancy.Like the OBGYN situation, there is a lot a CPA may not know about the rental business from debiting and crediting some journals and filling out line 242 on some Turbo Tax input form.And, understanding the operating details of the rental business are just as different from preparing a tax return as being pregnant is from delivering a baby.
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13 January 2025 | 11 replies
This happens from time to time and is just part of the business.
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31 December 2024 | 0 replies
To achieve this, I’m planning to scale rapidly by performing a couple of syndications to acquire a larger portfolio.I currently have a portfolio of 17 properties, but to justify labor costs and create a sustainable structure, I need to expand quickly.
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20 January 2025 | 37 replies
If you're busy running a ranch and raising a family, you don't want calls at 11 pm to unclog a toilet.
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30 December 2024 | 16 replies
Nowadays many vacation homes are priced as STR businesses with profits baked into the price (with future guests expecting instagram furnishings).
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10 January 2025 | 2 replies
You don't always have to incentivize a tenant with a discount to get the tenant to stay, nor keep rents stagnant, but it is good to be aware of the business impact with respect to cost too.
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12 January 2025 | 8 replies
A real estate business can also potentially generate a SOLO IRA or something like that.
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2 January 2025 | 4 replies
These will give you a clear picture of the property's current performance and potential.
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10 January 2025 | 6 replies
To survive, you have to know that is a business however, not a job.