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20 January 2025 | 3 replies
A 1031 exchange doesn’t apply, but funding through a self-directed IRA can defer taxes, though profits from debt financing may trigger UBIT.To reduce taxes, consider forming an LLC for better expense deductions, offsetting gains with investment losses, or holding the property for 12+ months to qualify for lower long-term capital gains rates.This post does not create a CPA-Client relationship.
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19 January 2025 | 8 replies
For what it's worth, I tried to run your numbers using the proforma I use with my CFO clients and I'm getting an IRR (average annual return) of nearly 23% (see page 2): Kalamazoo Properties
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20 January 2025 | 2 replies
A good PM, if you are truly annoying them with ticky tack crap, would simply terminate the relationship with YOU, if you were such a bad a client, not charge you $75 every time you call with a question.
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20 January 2025 | 4 replies
Baselane is doing the samething, it gets flooded with promotion on these platforms.The said CPA or his team actually got my client into trouble with the IRS.
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22 January 2025 | 16 replies
I just closed one for a client over the hill in Reno, NV.
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16 February 2025 | 29 replies
There is no opportunity for her to advance, she is unable to actually help her clients, and she hasn't had a raise in 3 years, where it used to be every year.
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17 January 2025 | 24 replies
In our case, we used our CPA, who creates SD 401(k) plans for his clients, though I’m sure he obtains the boilerplate from a facilitator.
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27 January 2025 | 23 replies
Working with a retiree couple right now in Carson City, and closing an 8 plex for a client down there in about a week.
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1 February 2025 | 23 replies
Working with a CPA or financial planner can help optimize tax strategies and ensure the best approach for your goals.This post does not create a CPA-Client relationship.
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17 January 2025 | 21 replies
Just this month, I’ve gotten under contract for my clients for multiple 20%+ cash on cash rental properties so there’s definitely tons of opportunity here.