
12 November 2024 | 4 replies
well. lower tax's generally helps RE and business as a whole. will have to see if they come up with something specific like the cost seg rules that are redy to sunset.

14 November 2024 | 8 replies
Built-in accounting software, keeps track of everything better and helps for tax returns at the end of the year3. multiple payment options are usually available for residents4. maintenance requests all in one area, easier to keep track of and keep residents informed of the status5.

17 November 2024 | 18 replies
Taking the time to work with the Banker and discuss common rents, taxes, any HOA's for example is key.

5 November 2024 | 15 replies
@Ed Hoffman actually, you can transfer it via Quit Claim right there at the closing table before you leave the title company.

14 November 2024 | 21 replies
Those that respond “$0” or something ridiculous, you can request income documentation from them to justify.Don’t be afraid to share with them how much your property taxes & Insurance increased and that YOU cannot afford to absorb them.ALWAYS get an increase or something of value annually when rents are increasing or tenants will start thinking they should never have an increase, making future increases that much more difficult to negotiate.

14 November 2024 | 25 replies
My first thought was sell to lock in your tax free cap gain.

12 November 2024 | 7 replies
The main reason some investors put new STRs (short-term rentals) into service toward the end of the year is to take advantage of the tax benefits, especially if they have W-2 income they want to offset.

15 November 2024 | 8 replies
Also if your stock portfolio after taxes is netting you more than 5% you are going into a losing scenario as you are taking money that is earning more and investing it in something earning less.

11 November 2024 | 12 replies
Forget the VERY obvious (to the IRS) tax fraud.

15 November 2024 | 25 replies
For Canadians seeking to tap into the market in the States, the way the LLC is arranged creates a challenging tax environment and basically leaves you limited return.