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14 December 2024 | 13 replies
I'm in the process of building my portfolio into the program but am concerned on it being a turn-key property accounting software.
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24 November 2024 | 19 replies
We started it for the same reason.
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14 December 2024 | 2 replies
There are always people entering the market and leaving the market all the while the many investors that do this for a living will stay and grab deals.
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14 December 2024 | 11 replies
I bought the cheap lowes light blocking blinds.
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16 December 2024 | 1 reply
I've been looking in deal finder for properties and noticed to multi families aren't showing up in map view, but when I search them by address the listing appears.
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16 December 2024 | 1 reply
Does anyone have or know where to find a reliable basic purchase agreement when the price has been established?
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23 November 2024 | 15 replies
Consider transferring to an LLC after occupancy, keeping the due-on-sale clause in mind.This post does not create a CPA-Client relationship.
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14 December 2024 | 2 replies
For a partnership where you're providing all labor and the broker is funding the deal, a fair split typically ranges from 30-50% for you and 50-70% for the broker, depending on the value and complexity of your labor versus the financial risk they're taking.
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14 December 2024 | 5 replies
I heard the deal starts with the land purchase!
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19 November 2024 | 11 replies
@Brad Herb Investing in a syndication via a Self-Directed IRA (SDIRA) offers tax advantages but comes with fees and limitations:Advantages:Tax Benefits: Gains grow tax-deferred (Traditional SDIRA) or tax-free (Roth SDIRA).Avoid Penalties: Keeps funds in the IRA, avoiding early withdrawal penalties.Diversification: Adds real estate syndications to your retirement portfolio.Disadvantages:Fees: Setup, custodian, and administrative fees can reduce returns.UBIT: If the syndication uses debt, income may be subject to Unrelated Business Income Tax (UBIT).Complexity: Strict rules; all income/expenses must flow through the SDIRA.Illiquidity: Syndications are long-term, locking up funds.Use an SDIRA if the investment is significant and the UBIT impact is minimal, especially with a Roth SDIRA for tax-free growth.Remember that RE, outside of retirement accounts, provides the biggest tax benefits.This post does not create a CPA-Client relationship.