Justin Paul
Whats your opinon on this...deal or no deal?
27 May 2011 | 5 replies
Okay Justin,based on your numbers I calculate an yearly gross income of $159,948 not $140k.Expenses are to low in my book I calculate with 55% expenses (good if you don´t reach it in true life):GI = $159,948 - 55% = NOI $71,977 or $125 per unit each monthFor an 10% CAP price should be $720,000, asking of $760,000 is near the mark and with 100% occupancy (how can seller verify this?)
Robert Spencer
FairShake Properties
20 April 2016 | 2 replies
I donate time and money to causes that grab me emotionally.
Account Closed
Tax Saving Strategies in Real Estate Investing
8 October 2023 | 0 replies
By doing so, investors can front-load depreciation deductions, providing substantial tax benefits in the early years of property ownership.2) Conservation Easements:Conservation easements involve donating development rights or restrictions on a property to a qualified charitable organization or land trust.
Account Closed
Questions on Real Estate Tax Strategy or Investing
12 October 2023 | 6 replies
Stay informed about any changes that may impact your tax situation and adapt your strategy accordingly.Charitable Contributions: If you donate to qualified charitable organizations, you can deduct those contributions, reducing your taxable income.Health Savings Account (HSA) or Flexible Spending Account (FSA): Depending on your situation, contributing to an HSA or FSA can lower your taxable income.It's important to note that while these strategies can help reduce self-employment taxes, it's essential to comply with tax laws and regulations.
Daniel Hixson
How does acquiring a preforeclosure work in texas?
21 June 2023 | 21 replies
Plus we seeded the charity with our own money and 100% of the donations go to this charity..
Matt Hunter
W2 depreciation offset
20 October 2023 | 10 replies
Schedule A, including charitable donations, is not a "strategy."
Brent Hayden
I am making an offer on a house that includes full furnishings
11 April 2017 | 7 replies
After COE, just donate it all to Good Will.
Ryan Evans
Free garage space rent in exchange for maintenance?
29 March 2017 | 7 replies
He's offered free monthly lawn maintenance in exchange for using the garage to store his Salvation Army donations, tools, etc.
George P.
Inquiry - input needed (discounted note)
10 May 2012 | 9 replies
First two heirs jointly financed 2/3 of the loan (one note), the 3rd "donated" her 1/3 of the equity to her son.
Jerry W.
I MUST BE CRAZY
17 September 2015 | 9 replies
If your goal is nice properties that just cover the mortgage and you are donating management and upkeep you will end up with a stable full of those properties.