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3 February 2025 | 7 replies
It was a great crash course on the basics of a RAL business from location, staffing, patient selection, and branding.
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9 February 2025 | 3 replies
@Ross DerouenBigger Pockets is a great place to find an accountant specializing in real estate taxation.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.
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19 February 2025 | 14 replies
(check page 7 of this IRS Pub)Something that's non-passive and you materially participate means you can deduct those losses up to the excess business loss limit.
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4 February 2025 | 0 replies
My business partner and I are looking to get into a property with cabins, tents, and RV spots on it.
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11 February 2025 | 15 replies
I also reinvest all cashflow back into the business to keep it growing.I started investing in 2021.
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29 January 2025 | 4 replies
It’s usually best to open a separate business checking account so your rental income and expenses stay organized and away from personal funds.
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23 January 2025 | 30 replies
I wish you the best of luck building your business on another platform.
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16 January 2025 | 13 replies
Golf course is a tough business with dwindling play .. think the rise of Top golf and pickle ball.. :)Also if you look at federal forest ownership maps you will see that Huge areas are checker boarded with private ownership .
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11 February 2025 | 11 replies
Some go as far as saying that if you’re evicting frequently, something is broken upstream, either in underwriting, screening, or tenant relations.So here’s what I’d love to pick your brains on: Do you see eviction as a necessary cost of doing business, or do you think there are better ways to prevent it altogether?
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3 February 2025 | 9 replies
I am a co-host in Dallas and Waco, TX and I have an idea of what types of owners and properties I want in my co-host portfolio----and with each client/property I learn which qualities are working for my business setup or what qualities I need to be working on to upskill.