
19 December 2024 | 13 replies
I would prefer to pay the capital gains today as based on how we spend money as a country, that capital gains rate most likely is going to be heading up in the future not down.

19 December 2024 | 13 replies
But boy, do we love recording podcasts and writing articles and sounding smart.So, Trump is going to restore 100% bonus depreciation, y'all say?

28 December 2024 | 19 replies
I think you can definitely run into a potential guest using that against you in the near future and opening the door for liability.

24 December 2024 | 24 replies
Clarity here avoids future disputes.Business Strategy: Align on your goals—flipping vs. rentals, risk tolerance, and timelines.
20 December 2024 | 4 replies
Fees should be clearly stated in writing, easy to understand, and justifiable.

17 December 2024 | 6 replies
Write as yourself, not a company, and tell them you are trying to buy your first property in your own backyard and would love to have a conversation whether they want to sell or not (they probably know someone else).

22 December 2024 | 7 replies
its funny how this changes with time and the market on BP if you asked this question 5 to 7 years ago you get drowned out with the cash flow is the ONLY thing and appreciation is for gamblers my self I have always been about making appreciation games in RE.. by either value add building a new product or buying foreclosure and flipping or lending money and getting instant 12% plus returns .

24 December 2024 | 3 replies
Reward in RE prices for risk of course.As for horizontal I get mine from local community banks ..

20 December 2024 | 0 replies
There are several different types of income in the US tax code.Two main types are “active income” and “passive income".Active income is money you earn from working, such as wages from a W-2 job or income from running a business.Passive income is money you earn from investments like real estate, stocks, or rental income from your RE portfolio where you earn $ without actively working.Normally, you can't use passive losses (like losses from real estate investments) to offset active income like your salary from a W-2 job.That is unless you are an RE Pro.The reality is, that Real Estate Pro status is just a filing status similar to filing married or jointly.And if you are a real estate professional you CAN use passive real estate losses to offset active income from other sources.To qualify as an RE Pro you must:1.

23 December 2024 | 5 replies
Future gains on the investment portion may be deferred with another 1031 exchange, while gains on the primary residence may qualify for the $250k/$500k exclusion if residency requirements are met.This post does not create a CPA-Client relationship.