At a 7% annual return, this could grow to $908K after 10 years, providing immediate liquidity and diversification.Alternatively, holding the property could yield $825K net equity after taxes in 10 years, assuming a $900K sale, with the potential to defer taxes via a 1031 exchange if reinvested into another property.

One of its standout features is the ability to directly link your Airbnb account, as well as the bank accounts you use to receive rental income and pay expenses.Another feature I really appreciate is Baselane’s built-in banking option.

Alternatively, your in-laws could partially gift the property by using the annual gift tax exclusion ($34K per couple annually), lowering the sale price and their taxable gain.

For example, say you contribute $30k via MBDR to your Roth 401(k) this year and over the next 15 years it grows by 8% annually to ~$100k.

Hello Ted - I’m receiving similar offer from Launch Financial Group and having the same question.

I started by looking over the numbers and used the Annual Rate of Return formula, along with the Cash-on-Cash formula that are mentioned in earlier chapters of the books.

Hi,We recently (Aug 2024) bought commercial land of around 2 acres. this was part of bigger commercial lot (around 25 acres) which had AG exemption and so the taxes that they paid was around $20 each year. we received a 'AG ROLLBACK' letter from the appraisal district that starting 2025 tax year, we will be taxed at it market value resulting in additional taxes, interest and possible penalities for 3 prior years.

For many years I was contacted by the housing office to provide input of my rents, both Section 8 and market rented units and participated in their annual surveys. 

I’m sharing my story so everyone can be aware and hopefully avoid the same experience.I received a call from one of my ads that targets probate clients.

Addressing community concerns upfront isn’t just a requirement, it’s a smart move for standing out with well-received projects.