10 October 2024 | 0 replies
These agents often have exclusive access to properties that aren’t publicly listed, and networking with them increases your chances of getting the first look at these hidden gems.Build a professional network Build a professional network of wholesalers, contractors, and investors using real estate forums like BiggerPockets.These real estate professionals often know about potential sales before they become public.
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11 October 2024 | 17 replies
Professionals dont work cheap , or fast .Well when dealing with a licensed , professional contracting company , We have to follow the laws of our state .
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11 October 2024 | 17 replies
For LTR, these are generally passive and can't be written off against active income unless you're a real estate professional.
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11 October 2024 | 2 replies
And I don't really know how the price of what I've done stacks up against other offerings (including professional installations).
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10 October 2024 | 17 replies
You would need to consult with a lawyer to set the trust up and ensure the best protection for your situation, and then relay that information to your tax professional.
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11 October 2024 | 2 replies
Consulting with a financial advisor or tax professional can help navigate these complexities.It might be worth considering how real estate investments could align with your retirement goals, especially in thriving markets like Phoenix or Austin.Just my two cents based on experiences with clients like Jim.
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10 October 2024 | 9 replies
I would work with your real estate tax professional on that piece.More than likely looking at capitalizing that 11k and depreciating it, unfortunately.
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10 October 2024 | 23 replies
agreed it does not matter for the fully engaged RE professional income varies from year to year.. this is why we hire CPA. it is what it is.. now we can take steps through the year.. like buying things that we can get accelerated depreciation on etc etc..
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11 October 2024 | 11 replies
If you have a lot of young professionals, the 12 unit might be the way to go.
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11 October 2024 | 41 replies
And, while I have had 1 travel nurse so far, my 4 other renters have all been business professionals. 2 from outside the country, 2 from other states.