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27 September 2024 | 66 replies
Even with low expenses and no bad debt it's financial suicide given our income.
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23 September 2024 | 10 replies
Highlighting the STR revenue potential, especially in a prime location, could attract investors looking for both income and future appreciation.Steps to take:Prepare a detailed financial breakdown of the property's current performance and future projections.Include comparables in the area to show both STR potential and anticipated appreciation.Offer flexibility in the buyout terms (e.g., structuring it as an installment plan if needed).If you can’t find an individual investor, you might look for a property management company or real estate investor group that specializes in STRs.
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23 September 2024 | 3 replies
This could threaten not only the financial well-being of your clients, but also the integrity of your tax practice.Here are some of the current schemes that scammers are using to go after tax professionals.Phishing Attacks Targeting Key Information: Scammers are targeting tax professionals through phishing emails and text messages that appear to be from the IRS in order to obtain sensitive information such as CAF numbers, PTINs and EFINs.
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23 September 2024 | 2 replies
So we're looking at building to rent as a long term investment.We've already done all of the financial side, so that's all set and happy and ready to go when we are.However, all we're hearing right now is that all builders are super-busy and taking jobs 1-2 YEARS in advance.
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23 September 2024 | 4 replies
Looks like you are in a better financial situation than most at your age.
22 September 2024 | 13 replies
It probably depends somewhat on your total financial situation.
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24 September 2024 | 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.There are over 20 real estate accountants on this site.
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22 September 2024 | 6 replies
But your own psychology and mindset does matter, and investing in real estate, while not making us wealthy, did give us this back-up plan where we knew we'd always have a roof over our heads and enough of a financial buffer we could figure something else out.
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23 September 2024 | 8 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
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17 September 2024 | 2 replies
Additionally, Mezzanine Debt may sometimes allow for a second lien recording, providing an extra layer of security.On the other hand, Preferred Equity generally does not carry a maturity date like debt instruments.