Chris Ke
200k down payment available and I can benefit from tax deductions
14 January 2025 | 5 replies
Focus on tax-saving strategies such as cost segregation studies and bonus depreciation to accelerate deductions.By qualifying as a Real Estate Professional (spending 750+ hours annually and materially participating), you can offset your wife’s S-Corp income with real estate losses, reducing your tax liability.
Bob Willis
DSCR for acquisition of existing PadSplit
16 January 2025 | 21 replies
Here's a link to both of their PadSplit stories:Jeff: https://www.padsplit.com/host-resources/case-studies/jeff-we...Fernando: https://www.padsplit.com/stories/hosts/fernando-and-amaris-c...Quote from @Bob Willis: I am interested in talking to someone about the process of funding via DSCR the acquisition of a property currently being run as a PadSplit.
Joe Sullivan
My Horrible Experience with Ron LeGrand's Financial Freedom
27 January 2025 | 21 replies
Though if an individual were paying for her or himself, I’d say go with the home-study version for a fraction of the costs of the live seminar….
Victor Adekunle
3 Simple Funnel Hacks to Help Wholesalers Generate More Leads and Close Bigger Deals!
9 January 2025 | 0 replies
Day 7: "Here’s a case study showing how we helped [Client Name] reduce costs by [X%]."
Katherine Lewis
Success w/Marketing to Special Occasion Groups?
13 January 2025 | 5 replies
I would study AvantStay and some of their properties in your area or NC generally.
Tom Rairdon
Tax considerations when selling a short term rental
12 January 2025 | 8 replies
If you did a cost segregation study on the property in the past, you may have to recapture the depreciation taken in the past.capital gain tax rates are 0, 15 or 20%There is also a potential 3.8% Net Investment Income Tax.Also, don't forget state income taxes depending on what state the property is located or your state of residency.Best of luck!
Corbin Wright
Advice please! I have a somewhat tricky question regarding AirDNA!
12 January 2025 | 8 replies
You do need a subscription to study the comps FYI.