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22 February 2025 | 1 reply
Purchase price: $75,000 Cash invested: $75,000 Sale price: $75,000 This deal included 3 mobile home on one lot.
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6 February 2025 | 13 replies
This can provide a better depreciation benefit than traditional STR real estate.If permanently affixed to land, it qualifies for real estate depreciation (27.5 years for residential properties).Considerations:Zoning laws and campground restrictions may impact legality.Self-employment tax risk arises if you provide substantial guest services.Vacation home rules apply if personal use exceeds 14 days or 10% of rental days, limiting deductions.Audit risk is high, so keep detailed records of participation, expenses, and rental operations.Given the potential tax benefits and complexities, consulting a real estate tax professional is advised to ensure compliance and maximize deductions.This post does not create a CPA-Client relationship.
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19 February 2025 | 23 replies
So you are able to get the cash flow, tax deductions, etc.
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9 February 2025 | 36 replies
Not even Ivy League master programs in real estate provide the representations and guarantees these mentorship programs provide.
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28 January 2025 | 3 replies
The math behind Real Estate is not that complicated, Revenue - expenses and debt service = cash flow.
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28 January 2025 | 6 replies
Unless you have a way to source off market deals or have a crew to provide labor for below market value, you're kind of relying on hope and luck to find a deal that works.
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13 February 2025 | 3 replies
I'd also be shocked if there's any cash-flow after the refinance.
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15 February 2025 | 5 replies
Specialty is in foreign national financing so I'd be happy to provide insight and run some numbers for you once you've narrowed down your options.
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5 February 2025 | 8 replies
He could provide you with some good insight in and around the area!
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8 January 2025 | 8 replies
Buy your next property with all cash, fix it up with cash, and then do a cash-out refinance afterward.