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23 January 2025 | 6 replies
There is no stock account that gives the leverage real estate does, at as low interest rate real estate does, at as low risk/ volatility real estate does.
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21 January 2025 | 15 replies
I will say, short term rentals require a bit more work, and if you are moving out of state, you may want to take a look into getting a property manager ( take that cost into account when running the numbers ).I hope that helps, reach out if you have any more questions.
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6 February 2025 | 58 replies
You should have a chat with your accountant, if you had a loan on the property, you may need to buy a property for more than the cash you received to defer 100% of the gain.Best of luck
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24 January 2025 | 5 replies
I have a call out to my accountant as well. :)
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22 January 2025 | 9 replies
To succeed, focus on properties in high-demand neighborhoods like Pecan Grove or Aliana, and ensure your cash flow analysis accounts for high property taxes, potential HOA restrictions, and flood insurance costs.
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11 February 2025 | 31 replies
It doesn't even take into account the pref!
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24 January 2025 | 5 replies
@Dallas Smith, With some good running of the numbers by your accountant this can work.
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16 January 2025 | 5 replies
You can create an account to advertise yourself as a host or a guest (or both) and get matched with others.
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16 January 2025 | 2 replies
How would this be accounted for for general accounting and taxes?
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14 January 2025 | 8 replies
If you are able to setup a credit card identical to your accounts payable accrual account, it should operate the same.