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17 January 2025 | 2 replies
You’ve got a good system going, to find and get funding for these acquisitions.
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28 January 2025 | 3 replies
You should have 25% down payment + closing costs, + an oh Sh*t fund on top of that.
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7 February 2025 | 16 replies
Sadly, I might have to wait until early 2025 for #5, as my funds have dwindled from purchasing 1-4.
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28 January 2025 | 6 replies
., equipment) are excluded from 1031 treatment and are taxed separately—goodwill is typically taxed as a capital gain, while equipment may be subject to depreciation recapture taxed as ordinary income.To minimize taxes on the sale of the business, consider strategies such as Opportunity Zone investments, which defer gains until 2026 if proceeds are reinvested in a Qualified Opportunity Fund (QOF), or structuring the sale as an installment agreement to spread taxable income over multiple years.
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7 February 2025 | 7 replies
If not and you wrote them the check, then most likely the $ is gone and suing for that money will cost you more than $1000 unfortunately.So cancel the agreement and request the funds
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24 January 2025 | 21 replies
This means building a budget that includes setting aside funds for your next investment.
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29 January 2025 | 8 replies
Combine these benefits with GI Bill-funded real estate education to expand your knowledge.This post does not create a CPA-Client relationship.
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15 January 2025 | 7 replies
While they mostly aren't lying, they leave out a lot of reality.Why would a government funded program like S8 pay MORE than market rents?
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4 February 2025 | 11 replies
Many experienced mentors in this group can help guide you in the right direction.I highly recommend saving as much as possible and setting aside a hedge fund for financial security.