Vidit Maini
Starting my small business
2 January 2025 | 14 replies
@Vidit Maini Starting your business as an LLC taxed as a C corporation offers flexibility but involves double taxation unless you elect S corp status, allowing profits to pass through to your personal return.For tax savings, deduct startup costs, track business mileage or vehicle expenses, and consider a home office deduction.
Monty Alston
Need creative advice to pull equity out of my home ?
18 January 2025 | 15 replies
This could potentially meet your financial needs by itself as well as provide start up money to do flips or purchase buy and holds
Henry Clark
Self Storage- Just Built, To Sell or Not
16 January 2025 | 6 replies
Can't tell the number of computer system installs, Startups, bankruptcy workouts, Team development, Brokers/consortiums, finance packages, etc that I did working many hours a week.
Anita Z.
Real Estate Investor Tax write-offs
10 January 2025 | 16 replies
The main criteria to evaluate this is when did you complete the start-up phase and became actively engaged in business?
James Wise
Why do people Buy Property in California
22 January 2025 | 203 replies
It's a hub for startups, venture capital, and cutting-edge research.
Zach Schofel
RE Developer and Proptech based in NYC
29 December 2024 | 2 replies
On the RE side - I own/developed 2,000 residential units across the United States focusing on opportunistic residential acquisitions and development, including student housing conversions and luxury multifamily development.On the startup side - it is a third-party guarantor platform that expands your renter pool, increases rents and occupancy, and ultimately boosts your NOI while broadening affordable housing options for renters.
Nicholas Woo
what are your thoughts using Anderson advisors?
21 January 2025 | 31 replies
With enough knowledge you can make a educated decision on which approach you take.My experience:I personally don't sign up for any program who take you aside during events and try to sell packages that is just blatant sales strategy.Once you sign up there is every attempt to make you sign for their programs for bookkeeping, registered agent, LLC or corp setup fee which have ridiculous even with platinum membership.Basic standard structure they suggest to take advantage of multiple deductions can be easily achieved by proper education or work with a good firm like https://wcginc.com who is local to you.A umbrella C-crop to manage all other LLC properties and take advantage of many tax deductions that are not available with a llc, its also used to take losses up to 100K as startup expenses and dissolve the entity after few years.Few LLC entities for investing in Real Estate, etc preferably in Wyoming or Nevada ( you can find many companies online who can do this for $150 compared to anderson $1500-$3000) , they will claim they have a secret Operating agreement which is bogus.They certainly try to take advantage of tax loopholes and claim to be smart people, my view they are just taking advantage of numbers as per their own statements.
Tod DuBois
Many leads but not bookings on Furnished Finder - to to resolve
14 January 2025 | 19 replies
Avail costs $9 a month per unit with no start up costs or annual contract which isn't bad.
Zachary Young
Where To Buy My First Rental Property
24 January 2025 | 55 replies
And a lot of start-up companies are migrating to this city as well because of the OSU campus that has thousands of talented students graduating and looking for positions locally.Everything that’s going on here in Columbus is attracting investors and other businesses from all over.
Scott Trench
Can Someone Please Explain Why A "Wholesaler" Would NOT Get Licensed?
18 January 2025 | 13 replies
That seems a whole lot easier than any wholesaling start-up mapping I've ever heard of.