
16 January 2025 | 4 replies
If you are going to sell then you must understand the tax implications.

12 January 2025 | 2 replies
My duplex - built 1989, 2,060 sf, 2 bed/bath, 1 year old roof, value if I subdivide (county already approved) and sell each separately $150k each ($300k total)Investor duplex - built 1995, 2,300 sf, 2 bed/bath, 5 year old roof, value around $310kThe investors initial request was for an equal trade and they would pay realtor fees, which I replied wouldn't be equal due to buying/selling costs (recording fees, title insurance, closing fee, survey, inspections, loan fees, 1031 fees, accountant fees, repairs), taxes would increase due to new sale price, I'd trade a 3.75% mortgage for a higher one, and I'm on the 10th year of a 30 year loan so resetting that to a new loan would restart amortization and pay more towards interest.

15 January 2025 | 29 replies
Closing costs - you will have to pay taxes/stamps etc. typically as a seller.4.

31 December 2024 | 6 replies
@Armell MayersBigger Pockets is a great place to find a real estate tax accountant.

9 January 2025 | 18 replies
If you are consistent with these action items you will avoid most claims, your business will be more profitable, operate more efficiently and if a claim were to arise you will have all your ducks in a row.

13 January 2025 | 6 replies
Real estate investment can be incredibly rewarding, between the cashflow, appreciation, and tax benefits, it truly is the greatest wealth creation tool.

15 January 2025 | 6 replies
If you're new to investing, keeping an eye on property taxes and HOA fees in this area is also key.

1 January 2025 | 5 replies
LLC, S-Corp, etc), to file their BOI Reports by the end of the year to avoid being penalized up to $10,000 per entity.

7 January 2025 | 22 replies
Note I strive to minimize cash flow because it gets taxed versus other RE return are easy to defer or avoid the taxes.