Kwanza P.
New Here to the platform
29 January 2025 | 15 replies
No one accountant is an expert in all areas in the tax code, so best to figure out what you want first in the world of real estate and then dive deeper there.
Rene Hosman
How much time do you spend prepping for taxes?
14 January 2025 | 28 replies
I’ve got her dealing with 8 properties which have individual accounts.
Mike Levene
Most efficient source to pull funds from for a down payment?
23 January 2025 | 7 replies
I have some of the required funds in a HYSA, but will most likely need to draw from another account and I'm curious which method is the most efficient in terms of taxes/capital gains, penalties, loan repayments, etc.Based on my previous transactions in the market, I estimate ~$45k cash to close: $20k for the down payment, $15k for closing costs and prepaids, and $10k of starting reserves.
Dillon Clark
Some questions about future investment
30 January 2025 | 6 replies
If you have a high 7 rate then it might be beneficial in the long run to pay it down if you don't want to put it in a 4% savings account or CD.
Max Schilling
Cash For Keys In Foreclosure Sale Property
3 February 2025 | 3 replies
Luckily this was all accounted for in my budget, but it was still a slow and expensive process.
Francisco Milan
Listing Agents Question: If you needed to get 5 listing this month .....
19 January 2025 | 2 replies
I once made the mistake of chasing multiple listings at once, which turned into a disaster.When I shifted my focus to serving one client at a time with honesty, integrity, and accountability, referrals started coming in without any marketing.
Thomas Magill
Build-to-Rent on Benfield
29 January 2025 | 0 replies
There are larger fluctuations in emotions as larger sums of money go in and out of your account.
Julio Gonzalez
Is my property a good candidate for cost segregation?
17 January 2025 | 2 replies
While no property is too big or too small for a cost segregation study, it’s important to speak with your accountant to ensure the benefits outweigh the cost of the study.
Matt Williams
sell or hold duplex?
20 January 2025 | 4 replies
However, after accounting for long-term capital gains tax and other expenses, you would be left with $150k which is important to budget and account for.
Martin Manning
How Does One Pull Comps For Apartments, Multiunits, and Offic Buildings?
2 February 2025 | 8 replies
Loopnet has some comp information, but requires a paid (and not cheap) account to see it.Commercial properties are generally valued based on income, not comps per se.