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13 January 2025 | 5 replies
Or a personal loan if interest rates aren't cost prohibitive?
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14 January 2025 | 21 replies
Bigger 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.
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13 January 2025 | 27 replies
@Earl White rent control and relocation costs equals NOT landlord friendly in my opinion.
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7 January 2025 | 8 replies
The cost to maintain them probably wouldn’t be exactly 8x as compared to the single 8-unit, but it sure as hell isn’t a 1-to-1 ratio either.
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9 January 2025 | 4 replies
For example, if a property rents for $2,000 and costs $200,000, that’s a 1% rent-to-price ratio ($2,000 ÷ $200,000).
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31 December 2024 | 20 replies
The cost of labor , materials , property taxes , inflation , interest rates etc .
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14 January 2025 | 8 replies
From a scaling standpoint, for at least whoever is doing the books, Buildium is far behind in this and is adding time and/or cost for these added tasks that need to be done.
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9 January 2025 | 2 replies
The best projects I've seen from my desk are folks who are doing hyper-targeted, well-researched deals that are generally in higher cost of living (there are exceptions) areas.
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1 January 2025 | 4 replies
If you own 25% or more of any LLC you are required to register with a FINCEN ID for beneficial ownership by January 1st or you could be subject to $500 per day fines.Have you taken care of business?
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8 January 2025 | 10 replies
So, it would then potentially cost you a penalty for early withdrawl and also income tax owed on it.