14 March 2024 | 60 replies
Would you agree however that working together in advance to establish an acceptable structure that works for the PM and the owner is preferable to one party being asked to authorize an unknown rate in advance to which they might object otherwise?

12 March 2024 | 4 replies
.- Use cost segregation studies to expedite depreciation of your properties to offset large income gains.Entity Structure- Choose appropriate legal structure (LLC, partnership, or S corporation) with consideration for different tax implications.Tax Credits- Explore available credits, like energy-efficient or historic rehabilitation credits.Qualified Business Income (QBI) Deduction- Check eligibility for QBI deduction, providing up to a 20% deduction on qualified business income.Record Keeping- Keep accurate and organized records for tax compliance and audits.State and Local Taxes- Consider varying state and local tax implications, including property and income tax rates.Tax Planning- Engage in proactive tax planning, consulting with professionals for a comprehensive strategy.Tax Changes- Stay informed about changes in federal, state, and local tax laws affecting real estate investments.Remember to consult a real estate tax professional for personalized advice based on your specific situation.

12 March 2024 | 29 replies
You can absolutely spread your funds around into multiple DST portfolios with different objective and timelines.

12 March 2024 | 11 replies
Meeting seasoned investors who might be willing to advise you can happen at these events.Join New Jersey-based organizations or groups for real estate investing.

11 March 2024 | 2 replies
One major challenge is having our partners come up with clean and organized documentation of their track record.

11 March 2024 | 3 replies
Here are some of the types of “wanna be” investors who never seem to be able to “pull the trigger:”The Organizer – This individual can’t seem to ever get fully organized - and until they do they can’t possibly make a purchase transaction.

12 March 2024 | 4 replies
Feel free to inquire about their staff qualifications if it's a larger organization.2.

11 March 2024 | 7 replies
Here are some steps to help you get started:Learn for Yourself.Make sure you understand your investing objectives.

11 March 2024 | 6 replies
I organize it by category per property.

11 March 2024 | 14 replies
Don't lose sight of your objectives, take initiative to ask for help and direction, and don't be afraid to ask questions of the BiggerPockets community.