
4 January 2025 | 25 replies
Another avenue people seem to be exploring is buying businesses.

1 January 2025 | 1 reply
Quote from @Jonathan Grzeszczyk: David Greene has a series (Sold, Skilled, Scale) that teaches agents how to run their business like a business.

31 December 2024 | 22 replies
Treasury predicts 32,000,000 businesses will now have to comply with these new laws starting in 2024!

3 January 2025 | 5 replies
@Steven HsuBigger Pockets is a great place to find a real estate tax accountant.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

2 January 2025 | 30 replies
I think you get the idea of how much I make.This is the monthly statement for my business.

2 January 2025 | 13 replies
It's too important of a role to be done by a moonlighter whose business doesn't rise and fall on it.- Understand what you value . . . do you want to have a phone call from the PM every Friday?

3 January 2025 | 2 replies
Some hotels actually have a condo like structure, where people can own the units, but perhaps are limited on their personal use to only a certain amount of the year - the rest of the year it is in the rental pool managed by the hotel.If numerous room owners stopped paying their bills, you could get tax liens on numerous separately owned units.Hotels are a tough business, an issue I also see come up with them often is that they require refreshes, expensive and relatively often - at least once every 10 years, if not more often.

3 January 2025 | 4 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

2 January 2025 | 13 replies
Usually it takes them weeks to respond and they come up with some crazy stuff like by business is paying for the trip and need to pay with a certified check outside the platform.

9 January 2025 | 9 replies
But sure as heck not impossible, it just takes a commitment to learning a very complex detailed facet of business and regulations.