Desiree Rejeili
What To Save for When Buying a Home
9 January 2025 | 0 replies
They can also give you a better idea of how much you should be prepared to pay so you can cruise through your closing with confidence.And as you plan ahead for closing day, be sure to budget for your real estate agent’s professional service fee too, in case the seller doesn’t cover it.
Iyke Victor
Jerry Norton and Peter Conti...Legit or not?
1 January 2025 | 15 replies
All this turkey does is charge you for some "training," so you will be "prepared" when you go out looking for lots for him, but curiously, he buys none or very few of the lots he's sent.
Marc Shin
How to market to ideal guests or Avatar during the dead of winter
2 January 2025 | 12 replies
Of course, these properties are full of challenges so be prepared before you start.
Amy Smith
Investing as we move into "retirement."
5 January 2025 | 5 replies
Prepare for the inevitable, because bad things will happen.
Steve K.
Anyone Else Fed Up With Loan Servicing Companies?
8 January 2025 | 33 replies
Could be that the funds that bought the loans are liquidating, or it could be repositioning in preparation for future business.
Helena Goyvaerts
Belgian Investors Starting in Detroit Real Estate – Looking to Connect
2 January 2025 | 8 replies
Be prepared for the learning curve with Detroit—it’s rewarding but comes with its fair share of challenges.If you’d like more specific guidance or have questions, feel free to DM me.
Venka Pulla
How to deal with Bad property manager
11 January 2025 | 7 replies
Plan for a smooth transition: Respect the notice period and prepare for any potential disputes.
Jorge Abreu
💰 Raising Equity: The Most Stressful Challenge
26 December 2024 | 1 reply
Preparation is key, and relationships are everything.When closing a property deal, the funds typically required include a purchase deposit, which is refundable during the due diligence period, and an additional nonrefundable extension deposit.
Adam M.
Cost for a Tax Specialist
13 January 2025 | 7 replies
I've seen folks charge as high as $5,000 to $10,000 for tax planning and tax preparation, But i also know high quality folks that have fees are around $1,200 to 2k.
Chris Shon
Do I need a Real Estate Tax Accountant?
10 January 2025 | 16 replies
Which is very complex and costly and likely warrants professional help.Now, if it's just you and your spouse, then your 2024 tax preparation is likely relatively straightforward:- you will create a Schedule C on your personal tax return- you will NOT report any costs of purchasing the property or its rehab, not in 2024- you will report your business overhead expenses such as marketing, driving, technology etc- you will end up with a business schedule showing zero income and some expenses - not breaking the rules but potentially raising an audit flagCan you do it yourself?