Christina Galdieri
1031 Exchange for a small business?
25 January 2025 | 5 replies
Remember your situation is unique so it's important to consult with a tax advisor or CPA to explore all available options and ensure compliance with tax regulations.Thanks!
Kody Glithero
Future Real Estate Plans Help!
16 January 2025 | 6 replies
My goal is to try and get a multifamily property a month or two after starting my job once I have the paychecks rolling in, to show my financial advisor.
Nicholas Dillon
HELOC on Primary Residence
12 January 2025 | 2 replies
At one point I talked to my financially advisor and he said that it would be smart for me to open a HELOC on the property, but not draw from it, except in the case of emergencies.
Felisha Derrick
Beginner situation/Hubris/What would you do?
6 January 2025 | 9 replies
It's good you're seeking advice and educating yourself!
Rachel Jane
Rent or sell
20 January 2025 | 7 replies
A financial advisor or real estate pro could help you map it all out more concretely.If I were in your shoes, I'd probably lean towards selling and reinvesting into some more diverse assets, or just more properties, but that's just me.
Michaela T.
Anyone have any accountant recommendations for someone with a W2 & LLC?
25 January 2025 | 6 replies
Happy to assist you, I am a Tax Advisor and an investor myself, I work with people from all over the US
Nick Am
Setting up a management S-corp for managing rental property owned by an LLC
23 January 2025 | 16 replies
Just don't see the S-Corp or another LLC having a place here..I've heard tax advisors say it takes around $70k min of self employment income for the break even point for S-Corp to make sense.
Anderson S.
Stop Overpaying Taxes! 5 Insider Tips for Real Estate Investors
10 January 2025 | 2 replies
Many municipalities allow appeals, and the savings can be substantial if successful.Pro Tip: Work with a tax advisor or attorney familiar with local property tax laws to improve your chances of winning an appeal.2.
Andy Moffit
Voracious learner looking to build a winning team
26 January 2025 | 2 replies
I'm currently building my team with Tax Advisor/CPA, RE Attorney, REI friendly agent and designer first on the list in that order.
Peter H Derry
Buyer's Guide: Purchasing Property for Your College Student
23 January 2025 | 0 replies
Financing OptionsParent Loan Options: Consider home equity loans, investment property mortgages, or co-signing a loan.Tax Implications: Speak with a financial advisor about potential deductions and capital gains.Rental Income Potential: Explore the option of renting out extra rooms to offset costs.5.