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3 January 2025 | 18 replies
I'm trying to avoid having to use a PM for cashflow purposes yet the only LAIC I can find will only do it if the property has a PM.
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31 December 2024 | 2 replies
I see landlords lose thousands, even tens of thousands, making rookie mistakes that they could have avoided with a little education up front.Once the first property is under contract, start again for the second.
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7 January 2025 | 12 replies
You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.
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1 January 2025 | 4 replies
This is a complicated situation with multiple layers to consider, so here’s my take based on your questions:If you’re looking to move assets from the partnership into individual LP (Limited Partner) names while avoiding capital gains, you’ll need a strategy that complies with tax regulations.
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4 February 2025 | 17 replies
In our case, avoiding a buyer's commission seems to be potentially helpful with negotiations, especially since we are purchasing below what we can afford, and can pay up front for RE attorney, buyer RE fees, etc.
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2 January 2025 | 14 replies
If electing S Corp status, pay yourself a reasonable salary to avoid IRS scrutiny.To be honest with you, you don't need any kind of Corp for tax savings unless you reach a certain amount of net income.
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28 December 2024 | 13 replies
https://www.wgal.com/article/south-central-pennsylvania-busi...
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2 January 2025 | 12 replies
This can lower your tax bracket potentially and you earn interest on the income you would have normally paid Uncle Sam.10) At the close of escrow, move funds outside of the taxable estate to avoid the 40% estate tax on amounts over $11M single or $22M married couple.
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2 January 2025 | 13 replies
EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!
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24 December 2024 | 14 replies
Hold the property in the LLC's name for liability shielding, and use it for rent collection, expense management, and centralized operations.