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31 January 2025 | 9 replies
While automation and calculators can certainly improve efficiency and reduce human error, they can’t replace the judgment gained through repetition and real-world experience.
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10 January 2025 | 2 replies
Use 1031 Exchanges to Defer TaxesIf you’re selling a property, a 1031 exchange allows you to defer capital gains taxes by reinvesting the proceeds into another property.
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13 January 2025 | 31 replies
By working for a larger corporation you are gaining an unfair advantage, by letting them train and develop you (while you are getting paid) and you do real estate on the side.This idea is not from me, read RichDad.
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15 January 2025 | 11 replies
While there's no strict requirement to match the original mortgage terms, reinvesting the full proceeds without financing or using leverage to enhance returns is key.If you don't reinvest the full amount, any shortfall ("boot") will be subject to capital gains tax, and depreciation recapture may apply.This post does not create a CPA-Client relationship.
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7 February 2025 | 22 replies
Are you prioritizing short-term gains over long-term wealth?
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6 February 2025 | 27 replies
But it would give you time to save up for the 20% on a refinance in 2 years or give you the ability to use any equity gained to refinance in 2 years.
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9 January 2025 | 4 replies
Quote from @Jay Fayz: Hello everyone,I've recently been exploring real estate as a potential career path and I'm looking for advice on the best entry-level job to gain experience and knowledge.
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26 January 2025 | 11 replies
I have not lived in the property two years and feel that any profit I may make on a sale would get chewed up by closing costs and capital gains.
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21 January 2025 | 13 replies
I'd love to connect and definitely gain some perspective from you!
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14 January 2025 | 3 replies
Without a doubt, having more experience in the field is valuable.