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3 September 2024 | 3 replies
That's likely to lead to them referring you to a potential employer.
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6 September 2024 | 19 replies
Conversely, someone with a smaller portfolio might have a WIDE variety of experiences and expertise in a lot of areas because they are hands-on in all aspects of investing and could give you guidance you can employ in ways that suit you best.
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3 September 2024 | 0 replies
The best option for you depends on a number of factors including your exit strategy, any liability concerns and preferred tax treatment.Type of EntityTax TreatmentMain AdvantagesC-CorporationDouble TaxationCorporate tax rates are lowerS-CorporationPass-throughSelf-employment tax savingsLimited Liability Company (LLC)Pass-throughLiability protection and flexibilityFuture Outlook and Recent Tax Law ChangesMost recent tax changes applicable to real estate investors include:The increase in the estate tax exemption to $13.61 million per individual for 2024.
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4 September 2024 | 84 replies
Hire an assistant to screen tenants, show properties, and delegate maintenance calls to above mentioned trades... basically handle it all early on and then build into employing those who manage your properties?
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2 September 2024 | 24 replies
So if you are still uncertain, could just make a lease with employer and give that employer rights to sublet to the person, thus your lease is with employer and there on hook to you, and they can deal with the person and all that liability.
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3 September 2024 | 2 replies
I am a Licensed Real Estate Associate Broker in Colorado who has been reading everything I can get my hands on as well as running through scenarios with my employing broker.
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2 September 2024 | 32 replies
Columbus is also home to OSU, which constantly develops real estate, employs lots of jobs, and attracts students from the US and internationally to attend.
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2 September 2024 | 11 replies
An LLC and IRS Employer Identification Number can be used to open a business bank account.
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2 September 2024 | 8 replies
Stay away from Chicago unless you are required by your employer to live in Chicago.
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1 September 2024 | 7 replies
It's great that you already have a home and potential ADU too since being self-employed in the arts can also have extra hurdles just getting approved for a loan.