
26 April 2024 | 52 replies
But this can lead to negative consequences in the future, such as fines, difficulties in selling and increased security risks.

23 April 2024 | 8 replies
You want an accountant that can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.Good luck in your search.

24 April 2024 | 42 replies
I guess that’s how my ADHD works… worry about the consequences later.

23 April 2024 | 21 replies
As a consequence, the charger operates at about 50% of its full capacity (but we figured some charge was better than nothing).Anyone adding a charger to an existing home may encounter the same limitations.Random note: our house was hit by lightning that fried one of the outdoor outlets and our computer equipment but the charger was unaffected (thankfully).
25 April 2024 | 60 replies
You are making a common mistake of failing to set a deadline.When I want a response from my tenant, I set a deadline and a consequence for failing to respond."

22 April 2024 | 15 replies
GREAT IDEA (Sarcasm)#3 - there are tax consequences in ANY sale (even with 1031 exchange BECAUSE you HAVE TO BUY the replacement (otherwise what's the point of the exchange)) #4 - "buy an investment property with 30-40% down" ...

22 April 2024 | 5 replies
Can always transfer title and then sell and 1031 but that could have long term tax consequences down the road as well.

22 April 2024 | 12 replies
Definitely not a loophole and not what we call a tax strategy.Tax-wise, here're a couple of posts explaining the general tax consequences of real estate syndications:https://www.biggerpockets.com/forums/51/topics/839015-are-sy...https://www.biggerpockets.com/forums/51-tax-legal-issues-con...

22 April 2024 | 17 replies
Yes, of course, you can probably get away with doing more shady things, BUT you will eventually get that ONE tenant who fights back and then the consequences could be significant. 4.

22 April 2024 | 12 replies
Current young generations are shouldering this inflation and we now see the consequences.