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31 January 2025 | 6 replies
From there, it's easy enough to look up the tax rate for corporations and make your tax burden assumption.
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20 January 2025 | 1 reply
I know broker fees are $500 so $12,500 in commission?
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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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1 February 2025 | 10 replies
If you asked me to run a ton of properties, I would still be happy to do it, I may just charge a service fee at some point.
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23 January 2025 | 5 replies
There are two reasons this is a bad idea.Investing with an SDIRA (assuming it is not a Roth) will often result in paying significantly more taxes.
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17 January 2025 | 10 replies
Too many are locking up properties at retail prices and tacking on outrageous assignment fees, leaving no room for investors to profit.
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18 January 2025 | 13 replies
Can easily get a 20% referral fee just for sourcing and handing off that lead.
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30 January 2025 | 56 replies
Zachary,Your concerns about Cleveland are valid—high property taxes and stagnant population growth are definitely challenges to consider.
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31 January 2025 | 4 replies
The best strategy I seem to have deployed so far was to contact all my current tenants and let them know I’d give them a cash referral fee of $250 for anyone they recommend to me that goes through the vetting process and successfully moves in.
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22 January 2025 | 4 replies
Be sure to hold a hefty reserve to handle on-going maintenance, capex, taxes, and insurance.