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19 January 2025 | 2 replies
My mistake for not inspecting the property beforehand. Paid 12800.based on google mapsThe property is a mess. Need to clean the junk out of house .. hoarder . Bathroom and kitchen need redone. Large tree in back is de...
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3 February 2025 | 3 replies
but keep in mind CA has higher taxes and reg fees and I’m not doing more than 1-2 flips (short timeframe flips) a year and many years do 0 flipsDo most flippers put flips into LLC Or in personal name (sole proprietor) in CA (where you must pay $800 yearly plus accounting and other fees $300to $600+ yearly to maintain LLC) Pros for personal name-save on taxes accounting.
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6 February 2025 | 7 replies
Over the years, I’ve gained hands-on knowledge in a variety of areas, including tax liens, tax deeds, rental properties, and fix-and-flips.
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9 February 2025 | 3 replies
Traditional deals often don’t excite investors—offering $200/month in cash flow isn’t very compelling.But with co-living, you can offer 5X the returns, making it much easier to secure funding.Now, instead of asking an investor to put up a 20% down payment for $200/month cash flow, you can pitch them a 5% down investment yielding $1,000+/month—a much more attractive deal.Why Co-Living is the FutureCo-living isn’t just another strategy—it’s a high-demand, high-cash-flow, lower-risk investment model that aligns with today’s rental market trends.
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30 January 2025 | 47 replies
It reminds me of one of the TAX sale how to traveling freebie events that came to town last spring..
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31 January 2025 | 7 replies
The promise of accelerated depreciation and immediate tax savings is attractive.
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8 February 2025 | 13 replies
I'd be happy to make connections over similar goals, and to learn about tax info for DC, great spots to buy, and trends for rentals.
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30 January 2025 | 24 replies
They would get that $500K tax free and the rest of the tax would be deferred in the 1031.A very elegant solution that puts $500K tax free in their hands now.
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7 January 2025 | 24 replies
Taxes are private, 1099 are private.
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8 February 2025 | 9 replies
WE do both give me a call and I can explain but depends on where the tax advantage is