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22 January 2025 | 8 replies
From experience, finding a knowledgeable accountant is key for handling taxes effectively, especially when splitting expenses, claiming deductions, and managing depreciation.
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21 February 2025 | 26 replies
This strategy can be particularly effective for investors like yourself looking to manage and expand their holdings efficiently.
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3 February 2025 | 31 replies
Let's look at your example of a roofer, assuming he owns the company.He has to pay for employees- they still get paid, even if they are not giving 100% effort.He has to pay his workers to go back for warranty work - effectively paying them to do the same job twice.He has to pay for equipment, even when it's not being used 100% of the time.- but the company he bought it from still gets paid.He has to pay for advertising, whether it works or not.- but the advertising company still gets paid.He has to pay for accounting services, payroll services, tax services, legal services, etc.- they all get paid whether he makes money or not.So, what's your point?
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21 January 2025 | 2 replies
For RE owners, death allows you to pass assets to your heirs and step up in basis, effectively eliminating recapture.
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20 January 2025 | 0 replies
While I did not work with other agents or lenders for this particular deal, my professional experience ensured a smooth transaction and effective project management.
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2 February 2025 | 20 replies
By focusing on real-time data, Nightpricer allows us to fine-tune pricing strategies more effectively and maintain a competitive edge in the market.
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11 February 2025 | 15 replies
Currently you have a STR lease and can effectively move anywhere the job market takes you.
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13 February 2025 | 17 replies
I would encourage folks to use fiverr if you’re looking for interior design help.So, in summary, unfortunately I think this post had the exact opposite effect that you were looking for Erica 😫
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19 February 2025 | 25 replies
You just need an LLC of of a state that doesn't disclose, that owns the LLC that will own the property.What I recommend, for any asset you buy in any location, especially fo an A Class asset that will likely have little to no cash flow, is that you evaluate your potential CapEx expenses effectively.
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16 January 2025 | 4 replies
Not only will lenders be effected, but borrower credit, business loans, inventory, and auto credit will suffer when those effected have to relocate, find long term replacement housing and their livelihoods and income are destroyed.