Alex Messner
Purchasing first home (with debt)
8 January 2025 | 9 replies
Ultimately, balancing your student debt and financial goals will help guide the best decision.Good luck!
Tar-U-Way Bright
How could I use my LLC
24 December 2024 | 14 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.I would also recommend looking for a accountant willing to work with you throughout the year.
John Lee
22, New to REI and looking to network and ask for advice
7 January 2025 | 20 replies
Provided I can establish a solid investment plan tailored to their financial needs/comforts such as debt ratios and income, they would be more than happy to offer me some financial control.Additionally, If I wanted to, for the sake of building my own personal wealth, I admittedly have the luxury of taking a loan from my parents.
Diandre Pierce
I have 5 houses renting, what's next
12 January 2025 | 8 replies
Dig deep into tax strategy, tax efficiency, etc Learn about estate planning.
Katie Southard
Really want my rental in an LLC
14 January 2025 | 1 reply
Your taxes are none of the ex wife's business and this would seem to address your concerns.I would also put her on notice that future requests for financial discovery will be two-way and if a discrepancy is seen in the other direction you will seek support from her.
Brice Alef-Torrisi
Managing finances between multiple properties
14 January 2025 | 7 replies
Clear financial separation ensures all rental expenses are deductible, maintains legal protections, and simplifies tax compliance.This post does not create a CPA-Client relationship.
Chris Allen
Selling Home on Sub-To
9 January 2025 | 9 replies
It depends on what your plans for the property are.
Megan OConnor
Summer in Ludlow?
14 January 2025 | 4 replies
Hey @Megan OConnor, I can't comment on the area specifically but it is doable.You need to search AirBNB and VRBO to get a look at the competition (don't forget to look at VRBO)You have to work into your plans the downturn during the off season.
Chris Magistrado
Cybersecurity, Recruiting, or Real Estate?
14 January 2025 | 3 replies
If you are accredited, the best thing to do would be to invest 50k into a syndication and soak up all the knowledge of how it works from an experienced operator before you make the decision whether it's your plan.
Toyin Dawodu
WHY DO 95% OF REAL ESTATE INVESTORS FAIL?
12 January 2025 | 23 replies
They love the idea of wealth, financial freedom, but don't want to put their own financials on the line.