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4 December 2024 | 30 replies
This will be the first year I will be able to deliver to my tax man a really clear, concrete report.
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26 November 2024 | 2 replies
I also liked the fact that it was structurally sound with concrete block construction, a tile roof, and high elevation.
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25 November 2024 | 1 reply
Too many entrepreneurs make good money each year but pay Uncle Sam 35-50% of it.It takes a long time to build a massive wealth snowball when 1/3 to 1/2 of your snow gets chopped off each year.Real estate can help with this.The best model I've seen is:1.
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22 November 2024 | 4 replies
If that doesn't work you'll want carpet or concrete apoxy (like a garage).
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3 December 2024 | 16 replies
You're talking a reset in physical asset prices due to the GR and low rates to help stimulate inflation after a massive banking crisis.
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28 November 2024 | 9 replies
They come with strings and fees so whether they are worth it depends upon whether you can live with the strings and have enough gain scale to justify the fees.I was looking at Delaware Statutory Trusts for similar reasons and opted not to go with them as most I've seen are incredibly inefficient due to massive internal fees which grind into dust much of the tax savings, so what would be the point.
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26 November 2024 | 4 replies
Making millions a year and often paying $0 in taxes.Short Term Rentals supercharge this:RE pros use cost segregation and bonus depreciation combined with leverage to create massive losses with minimal cash.Combined with 1031s and snowballing, you create a business that never pays tax.
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17 December 2024 | 86 replies
There is some truth to that, but that rhetoric largely came out of a massively long bull market with historically low rates.
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28 November 2024 | 8 replies
I've enjoyed some pretty massive appreciation over the past years around here.
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24 November 2024 | 8 replies
And when a rising tide is lifting all boats, groups that amplified their results by using risky high leverage could score some massive returns until the music stopped, then will subsequently struggle to keep the rest of their portfolio out of foreclosure.