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18 November 2024 | 13 replies
House hacking is a wonderful way to grow a real estate portfolio and would be a great plan to dig into and set in motion!
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18 November 2024 | 1 reply
I am planning to include the estimated property value and the funds that will be transferred into the business bank accounts.
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22 November 2024 | 14 replies
I think what you're doing with your plan for your future is very smart and hope to contribute to your goals.
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18 November 2024 | 15 replies
If I were to apply for a CFO role now, more than likely I have to advantage over a CFO that was in a manufacturing company for a real estate company.EAs specializes specifically in taxationCPAs have a broader knowledge for accounting, auditing, financial planning, and taxation.EA must pass a 3-part IRS exam and do not require a college degreeCPA need a degree in accounting, 150 credit hours of education, must a 4-part CPA exam.EAs often charge a lower fees
21 November 2024 | 8 replies
I’m especially interested in spots with strong short-term rental (STR) demand, where the laws are favorable to investors.I have around $250,000 USD to put down as a deposit, and I plan to finance the rest through a mortgage.
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19 November 2024 | 0 replies
With careful tax planning, real estate professional status can provide significant tax savings opportunities.
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20 November 2024 | 9 replies
Try looking into zillow/Redfin and see what your potential rents you can get near the neighborhood by filtering the bedrooms/bathrooms of the intentional property that you are planning to buy.
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25 November 2024 | 19 replies
Not sure yet, but will learn from these 3 units and the new ones I plan to add soon.Thank you for the insights!
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20 November 2024 | 14 replies
This will lower interest costs and free up future cash flow for reinvestment or reserves.Tax Planning: Work with a CPA to mitigate tax impacts from principal-heavy payments and potential gains.
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20 November 2024 | 37 replies
I would make a 5 year plan and see if that investment lines up with what you want your life to look like in 5 years.