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6 December 2024 | 51 replies
My sister in law and brother in law spent a combined $468,000 on attorney fees over 5 years to get divorced - their total net assets at the time they decided to divorce was just over $1 million.
26 November 2024 | 7 replies
While having a few vacant units I keep on receiving applications from tenants with a nice percentage of these applicants have in their record an eviction..Question to everyone, Would you even entertain an application with an eviction on their records if you own properties in lower income area's?
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26 November 2024 | 4 replies
Making millions a year and often paying $0 in taxes.Short Term Rentals supercharge this:RE pros use cost segregation and bonus depreciation combined with leverage to create massive losses with minimal cash.Combined with 1031s and snowballing, you create a business that never pays tax.
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7 December 2024 | 150 replies
Originally posted by :We each put 50k into this business, got a corporate CC and LOC for a combined total of 28k and went to work.
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27 November 2024 | 1 reply
Fixing and flipping, wholesaling, and working with cash lenders and contractors is a powerful combination, and it’s clear you’re creating value from multiple angles.I’d love to connect and explore potential collaboration opportunities.
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25 November 2024 | 8 replies
Specifically, I'm curious about the cost and process involved.I'm considering upgrading to a 400-amp service, which I believe could be divided into two 125-amp panels, one 100-amp panel, and one 50-amp panel or some other combination.
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30 November 2024 | 11 replies
So far I don't have enough data to make this analysis useful for more than a handful of brands and state combines, but I like this approach.
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2 December 2024 | 33 replies
A balanced approach, combining financing with a cash reserve for stability, maximizes tax efficiency, inflation protection, and aligns with your goal of retiring sooner.This post does not create a CPA-Client relationship.
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27 November 2024 | 0 replies
Lease Options: Structure a lease option for the property you're flipping, allowing you to control the property while securing financing through the lease payments.By combining these strategies, you can create a unique financing plan tailored to your specific project and financial situation.
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26 November 2024 | 13 replies
Might be doable if you combine it with contribution to 401k, IRA, HSA, etc.