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Results (10,000+)
Caryn Fischer Tax question with selling a house
22 January 2025 | 4 replies
Consult a CPA or estate attorney to ensure compliance.This post does not create a CPA-Client relationship.
Jeffrey A. Should I use a HELOC for first my first flip or find other means?
12 January 2025 | 10 replies
.: I would go HELOC for sure that would be best as others were saying the lower cost for the money changes between paying a higher rate for a personal line and typically personal lines they want a higher monthly charge as well independent from the interest rate.  
Will Almand Cost Segregation Questions
20 January 2025 | 11 replies
Be mindful of recapture tax when selling but consider long-term strategies like a 1031 exchange.This post does not create a CPA-Client relationship.
Shiloh Lundahl Sell me on the benefits of Turnkey Properties
5 February 2025 | 29 replies
I think I was having a hard time seeing the value of turnkey properties because of my personality style with regards to investing and wanting to trade up quickly.
James Jones New Investor Scaling Through Care Homes and Assisted Living
20 January 2025 | 10 replies
Whether it’s sharing ideas, insights, or exploring opportunities, I’m all about building relationships with like-minded investors.Looking forward to contributing and learning from this incredible community.Best,James That’s impressive what you’re doing.
Jaren Taylor New to Apartment Investing
27 January 2025 | 4 replies
As of right now we are establishing relationships with Brokers, had done some pre marketing for our investors to fund EMD and DD.
Jonathan Van Dyke Anyone work with Broad Street Global Funds
7 February 2025 | 28 replies
Adam - I know you posted this a while ago so things might have changed, but I'm invested with Broadstreet and have a relationship with some of their team so let me know if I can help in any way!
John Chapman Reporting loss from a rental property fire and the insurance proceeds
6 February 2025 | 10 replies
However, you can defer taxes under §1033 involuntary conversion if you elect to reinvest the proceeds into a similar rental property within two years (three years if the government condemns the property or threatens to do so, and four years for a principal residence in a federally declared disaster area).To reduce taxable gain, consider:Electing §1033 treatment and reinvesting the full $300K into a new rental property to defer taxes completely.Partial reinvestment, where only the portion not reinvested is taxable.Properly documenting all replacement costs and property details to ensure IRS compliance.Using cost segregation on the new property to accelerate depreciation and offset future taxable income.Since the §1033 election must be made, consult a tax professional to ensure compliance and maximize deferral benefits.This post does not create a CPA-Client relationship.
Rene Hosman How do you keep yourself accountable to your goals?
13 January 2025 | 5 replies
I personally find that half the battle is just getting myself to write down & track progress
Natalie Gelbke-Mattis Ready to scale our hospitality portfolio
21 January 2025 | 2 replies
What worked for me was focusing on building strategic relationships with top tier people (quality partners) who could complement what I brought to the table—sales, management, and execution.When you are approaching sellers for creative financing, leading with a clear value proposition (and CONFIDENTLY) is key.