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27 August 2024 | 1 reply
It may be hard to find a management company that will rent out the property without doing the management, so I’d try and find one before you make the decision to self manage at a distance.
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28 August 2024 | 22 replies
Given the complexity and potential tax-saving opportunities in real estate, it's wise to consider hiring a CPA with expertise in this field.Many clients who work with non-specialists find that their non-real estate preparers lack the specific knowledge to help them minimize taxes through strategies like depreciation, the de minimis safe harbor, partial asset dispositions, 1031 exchanges, navigating real estate professional status, the short-term rental loophole, and more.If you are looking to qualify as a real estate professional, use the short-term rental strategy, or complete a 1031 exchange, I would without a doubt recommend working with a real estate CPA.
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28 August 2024 | 17 replies
Our accountant dropped us over a year ago and were unable to find a new one to take over all the BS.
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27 August 2024 | 3 replies
I'm struggling finding a multi family home in a decent price range of $150-200k in Leander or north Austin, TX area.
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27 August 2024 | 2 replies
If anyone can advise me if this is true or I should try harder to find a lender who is willing to, I would appreciate!!
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28 August 2024 | 74 replies
I would love to find 15 because if the special wheated blend.
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27 August 2024 | 4 replies
Today, 7 years later, I have 37 doors and real estate is my full time job managing those properties.I doubt anyone can tell you exactly what course you should take… but if real estate is your goal, my suggestion is to go find your local real estate investment group that probably meets once a month and start rubbing shoulders with everyone there.
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27 August 2024 | 4 replies
You might find this 20 minute read and breakdown of supply, demand, interest rates, and relative regional pressures on multifamily https://www.biggerpockets.com/blog/multifamily-crash-to-cont...
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27 August 2024 | 10 replies
@Hardy DavisI would find a market where there is more cash flow, and possibly find a partner in that market who can be the boots on the ground.
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28 August 2024 | 31 replies
Some owned are inside ROTH IRA'S so I will never pay or owe ANY tax or capital gains on the profits.Some are 1000% tax free profit, before adding in the accumulated tax free rental income, If you finding better investments, I'd love to hear the details.I tried to use a financial calculator once, it just got real hot and burst into flames.