Joe Morello
"Price Improvement!" - Is it really?
25 September 2024 | 0 replies
However, this terminology can obscure the underlying issue: the original asking price was not aligned with the market reality.The Benefits of Price CorrectionsWhile the term "Price Improvement" may be somewhat misleading, the process of correcting inflated prices is beneficial for the real estate market as a whole.
Matthew Samson
Different CPAs for investments in different states?
25 September 2024 | 11 replies
Having a single CPA allows for consistency in tax strategies and communication.However, there are times when it’s beneficial to get a second opinion.
Isabel Figueroa
Curious about investing with a partner
24 September 2024 | 2 replies
To attract a long-term partner, emphasize the mutual benefits and build trust through transparency in the deal structure, profit expectations, and exit strategy.
Isaiah Cortez
Need Advice on LLC Setup & Tax Strategy for Real Estate Investments
24 September 2024 | 11 replies
I’m also thinking about using an S-Corp or another passthrough entity for tax purposes.I'm looking to scale my real estate portfolio, and I know that starting sooner rather than later will be more beneficial in the long run.
Marcus Morin
Tenant Went Silent After Signing Lease
26 September 2024 | 12 replies
Prospective Tenant’s move-in date will be on or about ____________________.Landlord’s Right of RescissionLandlord has a right to rescind this agreement at any time between the date of its signing and the mutual signing by Landlord and Tenant(s) of a rental agreement offered by the Landlord.
Nick O.
STR Cost Seg/Bonus Depreciation Buying with Partner & other non-RE related income ?'s
23 September 2024 | 14 replies
Bonus depreciation is highly beneficial because it can be used to offset any income, not just passive or real estate income.
Colt Clark
gift baskets for first time tenants
23 September 2024 | 19 replies
i think the gift basket may be more beneficial to real estate agents to get referrals and possibly to get new tenants. i bet that was nice, i wouldn't forget that either!
Scott Green
Tax Deeds and Ted Thomas Course
25 September 2024 | 29 replies
I did take the Tax Sale Academy course and can found it beneficial.
Michael Plaks
The so-called "STR loophole" - hype or real?
23 September 2024 | 19 replies
I only mention it to warn you that there're MORE restrictions than just the "passive activity loss" rules that you must have heard of.One very important concept to remember, and a beneficial one, for a change: restricted (the IRS calls them "disallowed" or "suspended") losses are NOT WASTED.