Angelo Llamas
Tax breaks for a rental breaking even
19 December 2024 | 12 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
John Dallas
Wanting to retire with a few cabins in the Western NC mountains.
19 December 2024 | 8 replies
That gives you options to expand, hold, or sell land if the income isn't there.
Hemal Adani
Anyone has invested with Open door capital? How was your experience?
22 December 2024 | 105 replies
Burton drive is in the rapidly gentrifying Riverside/Oltorf corridor.
Nathan Gesner
Real Estate Syndications: Who's Taken the Leap and How Did It Pay Off?
17 December 2024 | 36 replies
The key rules are as follows:1) Syndicator MUST have significant skin in the game, including 10% of the money raised in the first deal, 8% of the second, and 3% of the third2) The only fees allowed are 5% of revenue for property / asset management, which is enough to put food on the table, but not incentivize people to just buy, buy, buy3) The only compensation is 20% of the profit (less on the first 2 deals)4) Rapid acquisition is not allowed. 5% Is minus all operating cost correct ?
Shawn Nofziger
Real Estate License? Yea and nah?
20 December 2024 | 19 replies
Hi Shawn-Congratulations on starting out on your real estate investing career.You have a question about whether it is good to have your real estate license or not as an investor and you are leaning toward multifamily investing.I personally think having your real estate license is helpful as an investor.Having your real estate license allows you to work with other investors to help them build their portfolios which helps expand your network while being productive, you can research market value more effectively, find out about deals before they are listed, and of course it allows you to collect the commission on purchasing any listed property.To Your Success!
Craig Sparling
Chicago vs the world: Forgone opportunities?
13 December 2024 | 18 replies
I agree with @John Warren I started in Chicago and expanded to Milwaukee cause the returns were better.
James Wise
New BiggerPockets feature; Cross Sell..... What is it?
11 December 2024 | 25 replies
I can expand it if i desire, but it minimizes the size of the post.
Kent Fang ching
Guidance on OOS markets to get into
24 December 2024 | 44 replies
The city is rapidly growing in terms of population and job market with so many major companies choosing to move and develop here like Intel, Google, Amazon, etc.
Shakthi Kamal
Real Estate Investing on a Visa
12 December 2024 | 2 replies
Hi,I'm a new real estate investor looking to expand my portfolio.
Victor Tofilski
Why is my unit still vacant?
31 December 2024 | 49 replies
Expand your advertising, try using avail as they post on other sites.