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1 February 2025 | 9 replies
Hi Mia, Great suggestions for questions to ask a potential tax professional!
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31 January 2025 | 11 replies
@Eli JermanYes, you should hire a tax professional.
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31 January 2025 | 0 replies
Imagine making millions of dollars over the course of your career and then having to pay 30-50% every year to uncle sam instead of compounding that cash over time.This is exactly what real estate professionals have learned to mitigate.To reduce their taxable income, they just buy a building every year, do a cost seg, and use depreciation to reduce their tax liability dramatically.Their personal wealth snowball grows much larger and much faster than their W2 counterparts who give most of their money back to the government each year.Following this strategy as a real estate professional is one of best ways to end up with a much larger net worth at the end of your career.
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29 January 2025 | 15 replies
Hi Tio, I don't think hiring a professional designer is wise as it will cut into your margins and sounds like you have a tight budget.
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9 January 2025 | 2 replies
I am hoping to find a reasonably priced photographer to take some sharp photos of a Property.
The property is in San Marcos, Texas. That’s a little south of Austin, Texas.
Can somebody make any recommendations or...
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2 February 2025 | 7 replies
Maintain detailed records to substantiate deductions for materials, labor, and expenses, which can significantly reduce taxable income.While an S-Corp provides tax savings, it also requires payroll management and compliance with formalities, making it essential to stay organized or consult a tax professional for ongoing compliance.This post does not create a CPA-Client relationship.
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5 February 2025 | 1 reply
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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5 February 2025 | 0 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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27 January 2025 | 6 replies
Quote from @Michael James Hamlin: We just moved to Baldwin county and we are looking to network/partner up with other professionals in new construction, fix and flip or commercial.
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5 February 2025 | 2 replies
I enjoy connecting with Realtors, investors, industry professionals to explore opportunities and share insights.