
12 November 2024 | 17 replies
Don't quite understand what you mean.Wholesaling has nothing to do with where you grew up.Wholesaling (as well as any other business) is about lead generation.I didn't grow up in NYC, and if I were to wholesale there I would dominate that market with my ability to rank websites #1, dominate online presence, credibility, and competence strategies I can apply to my online image.I think this is why so many people are "afraid" of wholesaling.Break wholesaling down into its most basic elements.

13 November 2024 | 22 replies
If you violate any of these rules you could blow up your IRA or 401k and the IRS could force you to distribute all of the assets in the IRA or 401k.

12 November 2024 | 6 replies
To qualify for material participation, you generally need to meet either the 500-hour or 100-hour rule.

14 November 2024 | 5 replies
However, over the last 20 years there have been some favorable plms and rev rulings (particularly surrounding trusts) that owning a membership in an entity and converting that to tic still equated to the same level of ownership.

14 November 2024 | 10 replies
However, even in an equal exchange, recapture tax might apply.

9 November 2024 | 17 replies
Be sure to educate yourself on the prohibited transaction and disqualified person rules that apply to both plan types.

14 November 2024 | 11 replies
There is a reason that most states (including Connecticut) require property managers to be licensed, one of which is that they are required to have basic education on the rules and laws governing the practice.

12 November 2024 | 11 replies
Is anyone familiar with the rules in Jacksonville?

14 November 2024 | 8 replies
But still, within a few weeks you should have someone applying who is qualified from my experience - which is in Florida, not New York… but all things being equal demand works similarly.If marketed correctly now, it tends to point to price sensitivity (too expensive) relative to other similar offerings, or some other detractor as to location or convenience.

12 November 2024 | 4 replies
well. lower tax's generally helps RE and business as a whole. will have to see if they come up with something specific like the cost seg rules that are redy to sunset.