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24 January 2025 | 7 replies
As Peter and others have stated you need to get a few different opinions are the work needed, costs, etc before making a decision on how best to proceed
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27 January 2025 | 29 replies
Joining a coaching program is a big decision for any real estate investor.
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11 January 2025 | 5 replies
@Joey Chalhoub This decision should be read narrowly to address statutory frameworks such as MN where state law permits it to take property to satisfy real estate taxes/penalties/interest, sell it, and keep any surplus outright.
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23 January 2025 | 11 replies
You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.
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21 January 2025 | 31 replies
With enough knowledge you can make a educated decision on which approach you take.My experience:I personally don't sign up for any program who take you aside during events and try to sell packages that is just blatant sales strategy.Once you sign up there is every attempt to make you sign for their programs for bookkeeping, registered agent, LLC or corp setup fee which have ridiculous even with platinum membership.Basic standard structure they suggest to take advantage of multiple deductions can be easily achieved by proper education or work with a good firm like https://wcginc.com who is local to you.A umbrella C-crop to manage all other LLC properties and take advantage of many tax deductions that are not available with a llc, its also used to take losses up to 100K as startup expenses and dissolve the entity after few years.Few LLC entities for investing in Real Estate, etc preferably in Wyoming or Nevada ( you can find many companies online who can do this for $150 compared to anderson $1500-$3000) , they will claim they have a secret Operating agreement which is bogus.They certainly try to take advantage of tax loopholes and claim to be smart people, my view they are just taking advantage of numbers as per their own statements.
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1 February 2025 | 21 replies
It also sounds like they are unsure about renewing the lease so I would ask them when they will make a decision on if they want to renew the lease or not.
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20 January 2025 | 62 replies
My operations manager just notified me that we did in fact fund 3 out of the 4 condominium deals you brought us.
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16 January 2025 | 7 replies
I know it's a balance of reality, values, and what makes one happy that guide our decisions.
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24 January 2025 | 36 replies
We made the right decision.