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16 October 2024 | 5 replies
It’s one of those situations where the fine print can really bite you if you're not careful.From what I read in the Wall Street Journal a while back, a lot of these deals tend to come down to relationships.. having a good banker who understands the value of your policy is key.
17 October 2024 | 15 replies
Quote from @Spencer Dixon: I'm familiar with concept and benefits of bonus depreciation but I'm not sure where the current law stands and the bill that was floating around congress.
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16 October 2024 | 6 replies
Companies like TSMC and Intel are investing billions into new facilities, and it's creating a real surge in housing demand.One of my clients was set on investing in Philly but decided to explore Phoenix after we talked.From what I read in The Wall Street Journal, Phoenix is one of the fastest-growing cities right now.
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18 October 2024 | 16 replies
But very unlikely with W2 income and a full time job.But this is an awesome concept as you could basically collect rental income for several years and never be taxed on it due to passive loss carryforwards if those build up.
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17 October 2024 | 3 replies
Well, think of the concept of dollar cost averaging in stocks — instead of buying stocks one time, you invest consistently.
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19 October 2024 | 16 replies
I'm familiar with the general concept behind different creative financing strategies, but have never used them personally.
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14 October 2024 | 3 replies
From what I’ve read recently in the Wall Street Journal, the IRS doesn’t seem too picky about who manages the property initially.. what matters is that it’s actively being rented out.Now for Question 2, the key part to keep in mind is whether you hit that 100-hour rule in terms of participation for 2025.
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15 October 2024 | 3 replies
All, you need to understand the concept of "Offmarket deals" first.And I see SOOOOO many make this mistake.Everyone rushes into a frenzy when they see the words "Off-market".
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12 October 2024 | 2 replies
From what I’ve read recently in the Wall Street Journal, some lenders have been more flexible with assumptions.
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17 October 2024 | 47 replies
It's a great concept but that whole "all in one for only $50" just is horribly implemented.