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3 February 2025 | 31 replies
They don't mention anything about paying payroll taxes, workers comp, complying with laws, etcReal estate agents can have a team around them where they do have employees if they have admin/support or marketing team.Regardless, if you want to interchange small business for commissioned sales people in my post you can.My post was mentioning that service providers in the real estate space are incentivized by their advertisements as it will increase their annual income.
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8 February 2025 | 6 replies
What is the value as of today, if placed on the market, subject to sales commissions, capital gain taxes, Depreciation recapture, etc.
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27 January 2025 | 6 replies
I just wonder about the quality of the new construction itself and the quality of contractors being used.
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14 February 2025 | 5 replies
==========================My relative is asking if this is a viable way to legally avoid having to pay taxes:STEP 1: SELL PRIMARY RESIDENCE (House A)-Sell primary residence to son-in-law for cost basis + $500K-File gift tax form for difference between sale price & market value-Not pay capital gains on $500K due to personal exemption.STEP 2: SELL RENTAL PROPERTIES-Do 1031 exchange and buy House A back from son-in-law-Rent out House A for 1 year before move back in==========================Thoughts?
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29 January 2025 | 4 replies
I'm looking to fill my unit of mine with a tenant and I was wondering what sort of bank account I should use?
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2 February 2025 | 1 reply
@Tony Thomas So, is the seller increasing their sale price in exchange for a 0% interest rate?
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24 February 2025 | 13 replies
BookkeepersRole:Bookkeepers are responsible for keeping track of the day-to-day financial transactions of a business.Responsibilities:•Recording income and expenses (sales, payroll, bills, etc.)
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24 February 2025 | 16 replies
Always ask, and don’t be swayed by a sales pitch suggesting that the distinction doesn’t matter—it absolutely does.
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31 January 2025 | 7 replies
Hey @Scott Trench unfortunately real estate losses (active or passive) will not offset portfolio income from stock sale gains.
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24 January 2025 | 2 replies
Most investors make the same rookie mistake: They focus on problems instead of people.
Telling sellers everything wrong with their house and justifying your offer with repair costs doesn’t build trust—it kills it.
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