
13 March 2024 | 2 replies
Consider beginning with a Regus office to manage initial costs, and as your business expands, explore other office space options.

13 March 2024 | 8 replies
Conducting thorough market research and due diligence will help you make informed decisions.As for finding local, in-person meet-ups for real estate and investing, there are several avenues you can explore.

12 March 2024 | 2 replies
If you're open to providing feedback or exploring potential partnerships, I'd love to connect.Please feel free to comment or reach out for more details.

13 March 2024 | 28 replies
Start with low-commitment options like REITs, gradually exploring bigger deals as you gain confidence and market knowledge.

12 March 2024 | 4 replies
.- Explore strategies like 1031 exchanges to defer capital gains taxes.Deductions and Expenses- Know eligible deductions: mortgage interest, property taxes, insurance, maintenance, and management fees.- Maintain detailed records of all real estate-related expenses.- Use cost segregation studies to expedite depreciation of your properties to offset large income gains.Entity Structure- Choose appropriate legal structure (LLC, partnership, or S corporation) with consideration for different tax implications.Tax Credits- Explore available credits, like energy-efficient or historic rehabilitation credits.Qualified Business Income (QBI) Deduction- Check eligibility for QBI deduction, providing up to a 20% deduction on qualified business income.Record Keeping- Keep accurate and organized records for tax compliance and audits.State and Local Taxes- Consider varying state and local tax implications, including property and income tax rates.Tax Planning- Engage in proactive tax planning, consulting with professionals for a comprehensive strategy.Tax Changes- Stay informed about changes in federal, state, and local tax laws affecting real estate investments.Remember to consult a real estate tax professional for personalized advice based on your specific situation.
12 March 2024 | 22 replies
Since we cannot buy local (cap rate in CA is pretty low), we are exploring different markets.

13 March 2024 | 15 replies
Deals are few and far between and any decent deals that cashflow favorably are getting snatched up quickly.This leads me to explore another option...

12 March 2024 | 15 replies
Your aspiration to use real estate for retirement and explore the Gulf Coast is commendable!

12 March 2024 | 20 replies
Explore Mediation or Settlement: In some cases, it may be possible to resolve disputes with tenants through mediation or negotiation.

13 March 2024 | 37 replies
Hi Matthew, I also am unable to give any advice on NJ, but I am here in Cincinnati and would love to connect if you are going to explore this market.