Justin R.
Who has moved from QBO to Rentastic (or other RE based software)
27 January 2025 | 17 replies
You may be able to see if a retailer still sells the 2024 version.If you can't get the one time purchase, you would need to see if the cost is beneficial.For real estate - Quickbooks desktop > Quickbooks online because you can set up multiple entities within quickbooks desktop and not pay an additional cost per entity that Quickbooks online would charge you.Best of luck!
Cheryl A.
Has anyone invested with Djuric Family Office aka Blake Capital Group
26 January 2025 | 33 replies
I hope the transparency is helpful to investors.Note: I have received an "Online Defamation" letter from the Blake Capital Group.
Grant Shipman
5 Reasons Co-Living is King for Real Estate Investors
29 January 2025 | 0 replies
However, co-living allows you to acquire properties with as little as 0%-5% down, drastically reducing the amount of cash required.Instead of needing $100K+ to buy a rental, a co-living strategy lets you start with a fraction of the cost while achieving higher returns.3.
Joshua Tucker
Tax breaks on tribal land
27 January 2025 | 4 replies
In some cases, federal tax credits like those for low-income housing or economic development might also apply if the project aligns with certain goals.Instead of buying the land outright, developers often lease it from the tribe, which can reduce upfront costs and sometimes come with favorable lease terms.
Daria B.
1031x and seller repair credit
6 February 2025 | 5 replies
You reduced the amount of untaxed capital gains you’re carrying forward but you didn’t create an expense or a deduction today.
Augustine Chang
Breakeven Strategy for Studio Condo Rental in NYC – Need Advice on Options!
20 January 2025 | 1 reply
I would need to consult tax consultant for this however I expect to reduce my effective costs by ~$1,495/month (based on a 32% tax bracket).2.
Victor Yang
if i gift a house, is the cost basis what i purchased it for or the FMV?
24 January 2025 | 8 replies
To avoid reducing your lifetime exemption, you could gift equity incrementally, but this requires proper legal structuring (e.g., fractional ownership transfers).
Daniel Carrillo
Things cost more...but how much more?
3 February 2025 | 0 replies
**As investors, you are closest to the consumer (home buyers/renters), so you tend to absorb costs and reduced profits from unexpected spikes in expenses that wholesalers or contractors pass on to you!
Sam H.
HELOC, HEL, or 2nd Mortgage to finance Second Home
3 February 2025 | 0 replies
Pros of the second mortgage are reducing the risk on my primary residence.
Blake Steagall
Section 8 investing
2 February 2025 | 3 replies
I've heard Trump most signed an executive order to eliminate reduced rates for section 8.