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19 February 2025 | 3 replies
BP is a great place to learn the business.
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22 January 2025 | 12 replies
These are business purpose loans so there isn't any sort of red tape when purchasing multiple properties at once or one after another.
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5 February 2025 | 4 replies
welcome. would love to connect when your time allows
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10 February 2025 | 4 replies
Partnering with others can help you scale your business and access greater resources.
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23 January 2025 | 52 replies
The new people don't know and they are the business target.
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17 February 2025 | 6 replies
.🔹 Software Tools – AppFolio, Buildium, Rent Manager allow bulk allocations.3) Best Practices✔ Use a Spreadsheet or Software – Track expenses by property before invoicing owners.✔ Be Transparent – Define billable vs. included costs in your PM agreement.✔ Avoid Surprises – Owners expect clarity on additional charges.
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17 February 2025 | 11 replies
I didn't have much imagination for it. 5 years ago I started looking at buying a larger home I could house hack because it allowed me to get a larger property than I could afford.
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16 February 2025 | 9 replies
Dominic, you mentioned not being able to scale my business using Shopify as opposed to Wordpress.
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21 February 2025 | 13 replies
MTR and STR operate more like a business.
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21 February 2025 | 10 replies
This option minimizes taxes while allowing more flexibility to reinvest without 1031 restrictions.Option C: Sell Now Without the ExclusionSelling immediately means paying capital gains tax on the entire gain, including depreciation recapture, making this the least tax-efficient option.Additional Considerations:HELOC or Cash-Out Refi: If you want to keep the rental while accessing equity for your retirement home, consider a HELOC or cash-out refinance instead of selling.Estate Planning: If you hold the property until passing it to heirs, they receive a step-up in basis, eliminating capital gains taxes entirely.For tax efficiency, staying two more years allows you to partially exclude capital gains, while a 1031 exchange defers taxes if you plan to continue investing in rental properties.This post does not create a CPA-Client relationship.