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5 February 2025 | 5 replies
I will continue learning and reading.
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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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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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30 January 2025 | 56 replies
I just want it to work and be a positive experience because I know that will keep me motivating to continue investing and building my portfolio.
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27 January 2025 | 2 replies
My question is, what is best way to scale and continue buying properties without depleting all of my money?
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4 February 2025 | 5 replies
That can get you some money up front to continue to build your portfolio and it takes you out of being a landloard and puts you into the position of being the bank instead.
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3 February 2025 | 14 replies
Stay striving and continue to stay curious!
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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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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.