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17 November 2024 | 18 replies
Be great to send you my customers looking for a new home I work with a lot of investors Nationwide.
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19 November 2024 | 20 replies
I’d encourage you to go to the local events like @Jonathan Klemm mentioned.
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18 November 2024 | 47 replies
It works like this:(1) Save up enough money for a down payment(2) Buy a single family home that you will Airbnb/VRBO(3) Ensure the “average period of customer use” is <=7 days(4) Materially participate (5) Cost segregate the property, resulting in large depreciation deductions(6) Use the losses from step 5 to offset your W2 incomeWhat makes this possible is that operating an STR is considered “non-passive.”
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18 November 2024 | 13 replies
I'd encourage using it to fund a fix and flip or BRRRR.
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15 November 2024 | 1 reply
I think it's pretty clear it disincentivizes new construction or encourages landlords to find ways around it.However, I do believe we could do better in areas for encouraging new construction with zoning reform and other tax incentives.
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21 November 2024 | 39 replies
On one occasion I overheard two customers chatting in the waiting room and they had no idea I was the owner.
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17 November 2024 | 5 replies
We focus on exceptional customer service by aligning our solutions with client needs, while innovation drives us to continuously improve processes and embrace new ideas.
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16 November 2024 | 5 replies
They encourage networking, discuss market trends, and discuss development strategies, aiming to support growth in the industry.Good Luck!
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19 November 2024 | 12 replies
If you’re close to $150,000 in AGI, a few ways you can bring that down AGI is by maxing out a 401k traditional ($23k for 2024 tax year), maxing out your HSA ($4,150 for 2024 tax year), and if you have any capital losses from stocks (up to $3k per year), I would encourage you to have great bookkeeping to ensure you’re capturing all of your deductions appropriately on your rental property.
21 November 2024 | 24 replies
At some point bank has to know their customer and will ask why I get all these $50,000 checks, but no spend.