Eli Jerman
Taxes for 2024 - First rental property purchases in August 2024
31 January 2025 | 11 replies
Keep detailed records of income, expenses, and improvements, and choose the right filing approach based on your comfort level with these rules.This post does not create a CPA-Client relationship.
Anca R.
Is a 1031 Exchange allowed in this case, and if so, is it worth the hassle?
22 January 2025 | 22 replies
Ensure compliance with 45-day identification and 180-day closing rules.This post does not create a CPA-Client relationship.
Daniel Dubeck
Gap funding
28 January 2025 | 14 replies
The key is that the gap funder is usually someone you know and have a relationship with.
Sophie Sawyer
My experience with Sunrise Capital (Mobile Home Fund)
29 January 2025 | 68 replies
How would you have preferred Sunrise to have developed at relationship with the residents?
Ashley Guerra
Central Jersey investors
21 January 2025 | 10 replies
My name is Ashley and I’m looking to provide value as a bird dog by helping investors find off-market deals in areas like Trenton, Hamilton, Hightstown, East Windsor, and Princeton.My goal is to learn, grow, and build lasting relationships with investors in my local market.
Brendan M Hornung
Sub-To Tax Advice Needed
4 February 2025 | 9 replies
If your AGI exceeds $150K, passive loss limitations apply unless you qualify for Real Estate Professional Status (REPS).This post does not create a CPA-Client relationship.
Pamela Rivas
Can foreigners buy Real Estate in Mexico? Legal process explained!
23 January 2025 | 5 replies
That’s correct, a foreigner can buy property through a Mexican corporation, which is a great option for those investing in multiple properties or running a rental business.Key Points I'd like to add to your post:Setup Costs: $1,500–$3,000 USD.Ongoing Costs: $1,000–$2,000 USD/year for accounting and tax filings.Benefits: Allows tax deductions for expenses like maintenance, repairs, and management.Best for: Multiple properties or income-generating investments.For a single property for personal use, a fideicomiso is often simpler and more cost-effective due to its lower maintenance requirements and feesUltimately, choosing between a corporation and a fideicomiso comes down to your investment strategy.
Ben Hedvat
Single-family residence fix & flip Hamptons NY
16 January 2025 | 0 replies
I’ve built strong relationships with agents, contractors, and other investors in the area, and one of my contacts informed me that the owner was considering selling but hadn’t listed the property yet.
Edgar Duarte
should I sell NOW to avoid taxes or hold it for appreciation?
22 January 2025 | 4 replies
Selling now prioritizes liquidity and growth opportunities, while holding benefits from long-term appreciation and rental income.This post does not create a CPA-Client relationship.
Anna Nickens
Advice for a Newbie
23 January 2025 | 5 replies
On the other hand, self-education through books, podcasts, and free resources is cost-effective but requires discipline and a clear plan.