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13 February 2025 | 9 replies
If you sell a property, capital gains tax applies based on each partner’s ownership share, and a standard 1031 exchange won’t work if proceeds are split, as the exchange requires continuity of ownership in a like-kind investment.One strategy is a drop-and-swap, where the LLC distributes the property to partners as tenants-in-common (TIC) before the sale, allowing each to complete a separate 1031 exchange.
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5 February 2025 | 6 replies
Take your time to clarify your goals, and be ready to continually learn and network along the way.Remember, each step you take is a valuable experience that brings you closer to success.
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5 February 2025 | 2 replies
I look forward to continuing that drive and build on the experience when I return to the US.
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30 January 2025 | 8 replies
Freddie has a reno loan product that can be used for investment properties; this is only for first position, though.For the Heloc - it goes back to whether your mom wants to continue carrying the loan for income, and if so, how will you pay off the heloc once the rehab is complete?
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6 February 2025 | 11 replies
I find I get less pushback when I can just continue to point to my policies.
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24 February 2025 | 13 replies
•Meet state-specific experience requirements, at least a bachelor's degree with enough accounting credits, such as 30, to know a lot about accounting•Complete continuing education (CPE) annually to maintain their licenseCaveats:While CPAs have broad financial training and licensing, many of them choose to specialize in a niche such as auditing, advisory services, accounting and tax, or corporate finance for work.A lot of people say the BAR exam is easier than the CPA exam.
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24 February 2025 | 8 replies
We currently have 2 months supply and it is leading to home prices continuing to outpace inflation.
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17 February 2025 | 13 replies
It has been profitable for us but competition has risen in recent years so we continually work to refresh our places and marketing approaches.
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3 February 2025 | 7 replies
If you’re looking for ways to make the numbers work, sometimes that means evaluating different markets, financing options, or property management strategies that help mitigate risks like vacancies and maintenance surprises.You’re not alone in feeling like 2025 could go in multiple directions, but one thing remains true—real estate continues to be one of the strongest vehicles for long-term wealth when approached the right way.
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7 February 2025 | 11 replies
I’m continuing to work with the tenant, but we’ll be approaching two weeks late with no signs of plans to pay.