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24 January 2025 | 8 replies
For example, if your purchase price was $300K and the FMV at gifting is $500K, the recipient's cost basis remains $300K, potentially leading to higher taxes upon sale.You and your spouse can gift up to $38K annually per recipient (under the annual exclusion) without reducing the lifetime gift exemption.
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29 January 2025 | 3 replies
If you need a lender for that, feel free to shoot me a DM.TYFYS and best of luck!
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4 February 2025 | 0 replies
But in reality, holding on too tightly limits growth, causes burnout, and actually costs you money.Why Letting Go Helps Your Bottom Line✅ Frees Up Your Time – Instead of handling every single tenant issue, you can focus on strategy, acquisitions, and big-picture decisions.✅ Allows Specialists to Do Their Jobs – A leasing agent will lease faster than an investor juggling 10 different tasks.
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22 January 2025 | 0 replies
The wrong property management approach will lead to the dreaded three:1) high drama,2) high turnover,3) high property damage.Use Household-led Property Management (HPM) developed and perfected for co-living.5.
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28 January 2025 | 11 replies
Everything you need to learn/know is available online for free.
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7 February 2025 | 1 reply
→ Hire a property manager or use automation to free up time.Discussion: What’s Keeping You Stuck?
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30 January 2025 | 1 reply
If anybody local (especially other wholesalers) or anybody else even out of my market wants to connect, feel free to reach out!
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16 February 2025 | 6 replies
Assuming your debt is SUPER cheap and only costs you 12% you’ll save $22,800 TAX FREE So the combination is saving $60k at 12% (or more) is $7,200/yr and $130k in the bank at only 4.5% is another $5,850/yr so you’re over $13k GUARANTEED instead of a chance to make $7,200 before taxes
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21 February 2025 | 10 replies
Feel free to reach out if you need help with the selling process!
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1 February 2025 | 0 replies
But I understand where I’m at now, and am willing to work for free until I can provide such value.A little about me.