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23 January 2025 | 3 replies
Next up is a huge financial hit: closing costs.
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31 January 2025 | 9 replies
New and improved and looking to make it the best ever this year.
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7 February 2025 | 6 replies
These were financial mistakes we made when we were younger, and unfortunately, they snowballed over time.We currently rent but own a rental property out of state that cash flows $600/month and has about $190,000 in equity.
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21 January 2025 | 59 replies
Can you believe how much time and information Tax, 1031 exchange, accounting, and financial experts give away here?
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6 February 2025 | 7 replies
Whether you’re an experienced investor or just starting, understanding the dynamics of JVs can help you grow your portfolio and achieve your financial goals.1.
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13 January 2025 | 11 replies
It's a great way to showcase the improvements made and helps appraisers not miss stuff.
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24 January 2025 | 12 replies
I feel like my "circle of people" really needs an expansion and improvement and I want someone with more experience in the field I want to be in to really help me gain myself to success!
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1 February 2025 | 4 replies
You Can Only Have 35 Non-Accredited InvestorsRule 506(b) allows an unlimited number of accredited investors but restricts you to only 35 non-accredited investors.However, there’s a catch:Non-accredited investors must be financially sophisticated.They must have enough experience to evaluate the investment risks.From the SEC:“Securities may not be sold to more than 35 non-accredited investors… [who] must meet the legal standard of having sufficient knowledge and experience in financial and business matters to be capable of evaluating the merits and risks of the prospective investment.”If you’re planning to include non-accredited investors, make sure they qualify—or you could be violating SEC rules.3.
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25 January 2025 | 12 replies
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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23 January 2025 | 3 replies
Quote from @Shawn Questa: Hi all,I am curious what some of the Pros would do to Help a Seller in this situation while making a Deal happen.I found a 200+ day old MLS Listing where the Agent said the Seller is in Financial Ruin, hasn't Paid the Mortgage in a year, owes about 180k on an approx. 210k House and multiple Buyers have backed out.I don't know how someone could not Pay their Note in a year and not at least be in Pre-foreclosure.