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7 February 2025 | 4 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
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12 February 2025 | 11 replies
They can identify potential investment opportunities... not to mention all the tenant/landlord laws, eviction process, security deposits, accounting, end of year tax statements etc. lots of pitfalls to be avoided.wish you success in your ventures!
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5 February 2025 | 4 replies
Hit them with charges after you have got everything you can from them.
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13 January 2025 | 2 replies
Pete area after the recent hurricane and was hoping to get some real, boots-on-the-ground insight.
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27 January 2025 | 5 replies
If 1031 is to be implemented it must be done on the property level.2. 1031 generally does not apply to IRAs since they are tax-exempt. 3.
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31 January 2025 | 0 replies
Imagine making millions of dollars over the course of your career and then having to pay 30-50% every year to uncle sam instead of compounding that cash over time.This is exactly what real estate professionals have learned to mitigate.To reduce their taxable income, they just buy a building every year, do a cost seg, and use depreciation to reduce their tax liability dramatically.Their personal wealth snowball grows much larger and much faster than their W2 counterparts who give most of their money back to the government each year.Following this strategy as a real estate professional is one of best ways to end up with a much larger net worth at the end of your career.
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5 February 2025 | 6 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
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31 January 2025 | 2 replies
So, if she bought the bitcoin for $1 million and is now using it to close on a $10 million property, that is a $9 million gain that needs to be accounted for in her income tax.
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7 February 2025 | 25 replies
Sloan, he seems to be knowledgeable about commercial real estate and after peering over his website briefly, it seems that he offers personalized training to people new to the business.