
15 January 2025 | 7 replies
If you want to learn more about investing in Boise and the greater area, resources, and the best coffee places in town, let me know and would be happy to chat more!

8 January 2025 | 9 replies
Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.

5 January 2025 | 5 replies
Cash Flow is not the best but have appreciation on the property.

19 January 2025 | 9 replies
There was quite a bit of unused land and the zoning gave me some flexibility if I wanted to expand various aspects of the property.Also the self storage units were all below market rent and the seller was willing to finance at a decent rate with a 5 year balloon.

16 January 2025 | 5 replies
I feel my money is best spent building a portfolio of cash flowing units.

21 January 2025 | 13 replies
Best of luck, and looking forward to seeing your progress!

14 January 2025 | 11 replies
You used to easily be able to do this with 2 unit properties, but with prices and rates today it's hard to make this work anymore, unfortunately.

23 January 2025 | 10 replies
At the end of the day, experience truly is the best teacher.Looking forward to learning and growing from this journey!
31 December 2024 | 15 replies
But personally, sometimes the best strategy is protecting what you've built rather than pushing for more.